China Developers Soar as State Help Fuels Bets on Market Bottom
Source: - Bloomberg
China Producer Prices in Deflation for First Time Since 2020
Source: Bloomberg
ECB also lags behind other Central Banks in terms of QT
ECB balance sheet remains almost unchanged last week. Total assets stand at €8,761.7bn, equal to 80.9% of Eurozone GDP vs Fed's 33.8% and BoJ's 127%.
Tesla stocks keep falling due to Twittermess
Tesla is now worth <$600bn Source: Bloomberg
FTX was the third-largest crypto exchange in spot volume.
How other exchanges can survive and compete against Binance? Source: Ki Yong Lu
Private stress becomes public
5 of 6 private market fund categories (tracked by @Burgiss) registered negative net commitments in 3Q22 (investors had to put more money in than came back as returns); buyout funds w/ largest gap at -$7.7B, most since 2Q20. Source: Bloomberg, Liz Ann Sonders
ETF flows: Investors have shifted back towards risk
45%% of ETF inflows concentrated in equity funds over past month; only 7% of flows have been into U.S. government bond funds. Arbor Research
Fed Pivot is not always a great news for the stock market
At least in the short-run... Source: www.elliotwave.com
