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The pain trade in one chart: Most shorted US stocks gained 11.3% this week. Performance YTD now on par w/S&P 500
Source: Bloomberg, HolgerZ
BREAKING >>>New York Fed President John Williams CNBC interview: The Fed "isn't really" talking about rate cuts right now
Mr. Williams said: - The Fed "isn't really" talking about rate cuts right now. - Committee members submit projections regarding path of interest rates. Inflation and economy is still uncertain, but base cases are looking pretty good. - Policy focused on getting inflation down to 2%. - Market reaction to all news events have been larger than normal. - Fed should be ready to hike again if needed. - Fed is at or near right place for monetary policy. - The policy restraints should be dialed back slowly over the next three years.
Believe it or not...
On December 14, the GDPNow model nowcast of real GDP growth in Q4 2023 is 2.6%.
Was the FED ULTRADOVISH move on Wednesday driven by a "Trump fear"?
New swing state polling is brutal for Biden... It wasn't the case 3 weeks ago... Source: alx
Goldman Trader: Are $6 Trillion In Money-Market Funds About To Flood The Stock Market
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BREAKING: China's central bank injects RECORD monthly amount into money markets
Source: Bloomberg
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