hedge funds
Uncorrelated hedge funds strategies (CTAs, Macro, Multi-strategy) are doing well in 2022 – see below YTD performance as of the end of September. Source: Aurum
#cramer #etfs
The venture capital index is now down 62% from its peak, not too far from its March 2020 lows. Source: Crescat Capital, Bloomberg
#bernanke #nobel-prize
Nobel Prize
#bitcoin #mining
On Monday, bitcoin miners will see a ~14% increase in difficulty, the largest jump since hash rate rebounded from the crash caused by China's ban in May 2021.
#e-rupee
India Will Soon Test ‘E-Rupee’ Digital Currency. The Reserve Bank of India has proposed a phased pilot of its version of a Central Bank Digital Currency, according to a paper released by the agency . In what was published as a “concept note,” India’s central bank outlined its vision for a digital version of the rupee, referred to as the e-rupee. The RBI plans on rolling out the e-rupee in limited pilot launches, with the intent of implementing it as an additional form of currency issued alongside paper money Source: Decrypt
#us #china #inflation
China PPI vs. US PPI Source: Allianz
#cramer #etf
In Case You Missed It ... A Short Jim Cramer ETF Was Filed with the SEC. Tuttle Capital Management via Northern Lights Fund Trust IV filed last week for an 'Inverse Cramer ETF' and 'Long Cramer ETF'. The proposed ticker for the short Cramer ETF is SJIM and for the long Cramer ETF is LJIM. Source: steetinsider, tuttlecapital
#us #earnings
Wall Street banks slash $34bn from earnings forecasts for big companies. Analysts are expecting companies listed on the S&P 500 index to post earnings-per-share growth of 2.6% in the July to September quarter, compared with the same period a year earlier, according to FactSet data. That figure has fallen from 9.8 % at the start of July, and if accurate would mark the weakest quarter since the July to September period in 2020. Source: FT
