8 Oct 2024
The come-back of emerging markets equities?
We just witnessed the 2nd largest weekly inflow to EM equity funds ever according to BofA / EPFR fund flows data. Among the tailwinds for EM equities: weaker dollar, Fed cutting rates, room for EM central banks to ease monetary policy conditions, China stimulus and cheap valuations. Source: BofA, @ackmeni on X
8 Oct 2024
CTAs are projected to sell the S&P 500 in EVERY SINGLE scenario over the next week and month, as much as $38 billion worth, according to Goldman Sachs
Source: Barchart
8 Oct 2024
😱 The shocking chart of the day: Chinese stocks surged by 5.93% while Hong Kong Stocks collapsed by 9.41%, the largest single-day divergence in history 😱
Source: Barchart
8 Oct 2024
$GOOGL's share of the U.S. search ad market is expected to drop below 50% next year for the first time in over a decade, according to eMarketer.
TikTok is already targeting ads based on search queries, and AI startup Perplexity, backed by Jeff Bezos, is planning to roll out ads soon. Meanwhile, Amazon, with a 22.3% share, continues to grow fast. The competition is heating up... Source: WSJ thru Wall Street Engine
7 Oct 2024
In case you missed it... European financials index closed the week at the highest level since 2008...
Source: J-C Parets
7 Oct 2024
Asset management is a tough business to be in:
Source: Invest In Assets
7 Oct 2024
Top 10 largest US Stocks vs the rest of the S&P 500 so far in 2024
Source: www.econovisuals.net
7 Oct 2024
If futures are any indication, Mainland Chinese stocks are going through roof at the Tuesday reopen from the week-long holiday.
Source: David Ingles @DavidInglesTV on X, Bloomberg
