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BofA: “today the average EPS growth rate among AI ETF constituents has fallen from 18% to just 5%, below the S&P 500.”
Source: Mike Zaccardi, CFA, CMT @MikeZaccardi via @dailychartbook
Safe is risky. #DF24
Source: Vala Afshar @ValaAfshar on X, marketoonist.com
Jeff Bezos letter to shareholders when Amazon stock was down ~80%
Every investor should read this: (source: Matt Allen)
Hedgefunds piled into shorts against stocks for the fifth week in a row last week, per Goldman
Source: Markets & Mayhem
IS NVIDIA'S CEO OFF-LOADING HIS SHARES?
The dump took place on September 10th and 11th.Since the start of July, Jensen Huang has sold over 4 million shares worth ~$500 million. Huang still holds ~3.50% of the chipmaker's stock. Source: Global Markets Investor, zerohedge
The US yield curve continues to steepen.
Yields on 10-year Treasuries are the highest vs 2-year yields going back to 2022. Source: Lisa Abramowitz, Bloomberg
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