22 Oct 2024
FDIC warns that 66 US banks face the possibility of insolvency after being added to its problem list
Source: Barchart, FDIC
22 Oct 2024
S&P 500 VALUATION IS IN LINE WITH THE 2000 DOT-COM BUBBLE PEAK
S&P 500 Price to Book (assets minus liabilities) ratio is now 5.2x, the most on record and in line with the 2000 Dot-Com bubble burst. When excluding the Magnificent 7 group, the P/B ratio is 4.2x, near a record. Source: Global Markets Investor
22 Oct 2024
The 10 year bond yield soared on Monday, closing i on 4.2%.
The rise in bond yields took stocks down with them. Has the Fed lost control of the bond market? Was the Fed jumbo rate cut a policy mistake?
22 Oct 2024
Gold is now 44% above its 2011 peak, while silver remains nearly 30% below its level from the same period.
Source: Crescat Capital, Blomberg, Tavi Costa
22 Oct 2024
Druckenmiller is shorting U.S. Treasuries with a record setting 20% of his portfolio.
He knows what's about to happen ("Interest rates could double from here.") Source: Financelot @FinanceLancelot on X
22 Oct 2024
The race to $4 trillion market-cap is ON. 🏁
Which company do you think will be the first to hit this historic milestone? $AAPL $NVDA $MSFT Source: Trend Spider
22 Oct 2024
The co-founder of the world’s largest asset manager has said the outcome of the looming US election between Kamala Harris and Donald Trump 'really doesn’t matter' for financial markets.
https://lnkd.in/eZCKpyDZ Source: FT
22 Oct 2024
Tuesday humour
Source: Wall Street Silver
