Polymarket: Trump's odds are up 2.5% after Kamala Harris' Fox News interview.
He now has a 24% lead.
The mainstream lost its monopoly over media.
Now it's losing its monopoly over polls, prediction markets and shaping public opinion as trust shifts to independent new entities Source: www.zerohedge.com
China's Q3 GDP hits weakest pace since early 2023, backs calls for more stimulus
China's economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and factory output figures beat forecasts last month a tumbling property sector remains a major challenge for Beijing as it races to revitalise growth. See below key China GDP data: Q3 GDP 4.6% y/y [Est.+4.5%] Q1-Q3 GDP 4.8% y/y [Prev.+5.0%] Sept retail sales 3.2% y/y [Est.2.5%] Sept industrial growth 5.4% y/y [Est.4.5%] Jan-Sept fixed asset investment 3.4% y/y [Est.3.3%] Sept Unemployment 5.1% [Prev. 5.3%] Source: Reuters, MacroMicro
One year ago, Nvidia $NVDA was estimated to generate $79.3 billion in revenue in FY25.
Now, Nvidia is estimated to generate more than $125.6 billion in FY25. Source: Beth Kindig @Beth_Kindig
🚨THE NUMBER OF ZOMBIE COMPANIES IN THE US IS SKYROCKETING🚨
43% of the Russell 2000 companies are unprofitable, the most since the COVID CRISIS. At the same time, interest expense as a % of total debt of the Russell 2000 firms hit 7.1%, the highest since 2003. Source: Global Markets Investor
Mind the gap: Assets in US money market funds have hit a fresh ATH at $6.5tn, although the relevant Fed Funds Rates have fallen and are likely to fall further.
Note however that the "relative" figures (i.e money market funds AuMs as a % of total assets AuMs) currently stand at all-time low whereas equities weight is at all-time high... Source. Bloomberg, HolgerZ
There it is: Trump now leads in every battleground state, according to Polymarket
(chart via BBG ECAN) Source: www.zerohedge.com
BREAKING 🚨: Chinese Stocks enter technical correction after falling more than 10% from the October 8th high
Source: Barchart
