--- title: Syz The Moment (1211) description: Syz The Moment (1211) --- [![Syz Private banking](https://blog.syzgroup.com/hs-fs/hubfs/Logo.png?width=140&name=Logo.png "Syz Private banking")](https://www.syzgroup.com/fr) ## **Thinking** out loud [Subscribe](https://25733253.hs-sites-eu1.com/newsletter-signup?hsLang=en) [![Contact Us](https://hubspot-no-cache-eu1-prod.s3.amazonaws.com/cta/default/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2.png)](https://hubspot-cta-redirect-eu1-prod.s3.amazonaws.com/cta/redirect/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2) - [OUR SERVICES](https://www.syzgroup.com/en/private-banking) - [ABOUT SYZ](https://www.syzgroup.com/en/about/welcome-to-syz) - [CAREERS](https://www.syzgroup.com/en/careers) - [PRESS](https://www.syzgroup.com/en/news) - [Blog Homepage](https://blog.syzgroup.com) - [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus) - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights) - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook) - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives) - [Syz the moment](https://blog.syzgroup.com/syz-the-moment) - [Crypto corner](https://blog.syzgroup.com/crypto-corner) - [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights) - [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) - [The week in seven charts](https://blog.syzgroup.com/fast-food-for-thoughts/tag/the-week-in-seven-charts) - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash) - [Fixed Income Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income) - [Equity Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities) - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook) - [CONTACT](https://www.syzgroup.com/en/contact-us/form) - [ENGLISH](https://www.syzgroup.com/) - [FRANÇAIS](https://www.syzgroup.com/fr) - [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus) - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights) - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook) - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives) - [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash) - [Weekly Fixed Income](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income) - [The week in seven charts](https://blog.syzgroup.com/slow-food-for-thoughts/tag/the-week-in-seven-charts) - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook) - [Weekly Equities](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities) - [Syz the moment](https://blog.syzgroup.com/syz-the-moment) - [Crypto corner](https://blog.syzgroup.com/crypto-corner) - [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights) - [Our Services](https://www.syzgroup.com/en/private-banking) - [About Syz](https://www.syzgroup.com/en/about/welcome-to-syz) - [Careers](https://www.syzgroup.com/en/careers) - [Press](https://www.syzgroup.com/en/news) - [Contact](https://www.syzgroup.com/en/contact-us/form) - [English](https://www.syzgroup.com/) - [Français](https://www.syzgroup.com/fr) ## **Sign-up** for our newsletter This website uses cookies to enhance user navigation and to collect statistical data. 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Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. ## Straight from the Desk # **Syz** the moment Live feeds, charts, breaking stories, all day long. - [All](https://blog.syzgroup.com/syz-the-moment) - [equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) - [United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) - [Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) - [Food for Thought](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thought) - [markets](https://blog.syzgroup.com/syz-the-moment/tag/markets) - [Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) - [bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) - [Fixed Income](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) - [geopolitics](https://blog.syzgroup.com/syz-the-moment/tag/geopolitics) - [AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) - [Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) - [europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) - [gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) - [Commodities](https://blog.syzgroup.com/syz-the-moment/tag/commodities) - [investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) - [Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology) - [Crypto](https://blog.syzgroup.com/syz-the-moment/tag/crypto) - [technical analysis](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis) - [nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) - [oil](https://blog.syzgroup.com/syz-the-moment/tag/oil) - [china](https://blog.syzgroup.com/syz-the-moment/tag/china) - [ETF](https://blog.syzgroup.com/syz-the-moment/tag/etf) - [earnings](https://blog.syzgroup.com/syz-the-moment/tag/earnings) - [Forex](https://blog.syzgroup.com/syz-the-moment/tag/forex) - [energy](https://blog.syzgroup.com/syz-the-moment/tag/energy) - [banking](https://blog.syzgroup.com/syz-the-moment/tag/banking) - [magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) - [Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) - [Volatility](https://blog.syzgroup.com/syz-the-moment/tag/volatility) - [Real Estate](https://blog.syzgroup.com/syz-the-moment/tag/real-estate) - [apple](https://blog.syzgroup.com/syz-the-moment/tag/apple) - [emerging-markets](https://blog.syzgroup.com/syz-the-moment/tag/emerging-markets) - [google](https://blog.syzgroup.com/syz-the-moment/tag/google) - [Middle East](https://blog.syzgroup.com/syz-the-moment/tag/middle-east) - [switzerland](https://blog.syzgroup.com/syz-the-moment/tag/switzerland) - [tesla](https://blog.syzgroup.com/syz-the-moment/tag/tesla) - [United Kingdom](https://blog.syzgroup.com/syz-the-moment/tag/united-kingdom) - [amazon](https://blog.syzgroup.com/syz-the-moment/tag/amazon) - [microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) - [assetmanagement](https://blog.syzgroup.com/syz-the-moment/tag/assetmanagement) - [ethereum](https://blog.syzgroup.com/syz-the-moment/tag/ethereum) - [meta](https://blog.syzgroup.com/syz-the-moment/tag/meta) - [russia](https://blog.syzgroup.com/syz-the-moment/tag/russia) - [Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) - [Healthcare](https://blog.syzgroup.com/syz-the-moment/tag/healthcare) - [ESG](https://blog.syzgroup.com/syz-the-moment/tag/esg) - [Global Markets Outlook](https://blog.syzgroup.com/syz-the-moment/tag/global-markets-outlook) - [Turkey](https://blog.syzgroup.com/syz-the-moment/tag/turkey) - [inflation](https://blog.syzgroup.com/syz-the-moment/tag/inflation) - [bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) - [brics](https://blog.syzgroup.com/syz-the-moment/tag/brics) - [Market Outlook](https://blog.syzgroup.com/syz-the-moment/tag/market-outlook) - [performance](https://blog.syzgroup.com/syz-the-moment/tag/performance) - [africa](https://blog.syzgroup.com/syz-the-moment/tag/africa) - [LLM](https://blog.syzgroup.com/syz-the-moment/tag/llm) - [Global](https://blog.syzgroup.com/syz-the-moment/tag/global) - [Market News](https://blog.syzgroup.com/syz-the-moment/tag/market-news) - [Weekly Equities](https://blog.syzgroup.com/syz-the-moment/tag/weekly-equities) Show more 19 Oct 2023 - - - #### Total US debt is now up ~$650 BILLION since it crossed $33 trillion exactly 1 month ago, according to Zerohedge Yesterday alone, total US debt jumped by another $58 billion. Total US debt has grown by ~$22 billion PER DAY for the last month. In other words, the US has added ~$915 million in debt every hour for the last month. Since the debt ceiling "crisis" ended, total US debt is up over $2 trillion. Since 2020, total US debt is officially up more than $10 TRILLION. Source: The Kobeissi Letter [#Macroeconomics|](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) [#United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) ![Total US debt is now up ~$650 BILLION since it crossed $33 trillion exactly 1 month ago, according to Zerohedge](https://blog.syzgroup.com/hubfs/1697694422651.jpg) ![Total US debt is now up ~$650 BILLION since it crossed $33 trillion exactly 1 month ago, according to Zerohedge](https://blog.syzgroup.com/hubfs/1697694422651.jpg) 19 Oct 2023 - - - #### JUST IN: The Value of US Distressed commercial real-eestate is approaching $80 billion, the highest level in a decade Now less than HALF the 2008 financial crisis levels Blackstone, Brookfield and Goldman Sachs have defaulted or relinquished offices to lenders this year. Today, Pimco walked away from 20 hotels with +$240MM in debt. Over $1.5 trillion of commercial real estate loans will mature over the next 3 years. Source: Bloomberg, Genevieve Roch-Decter, CFA, Barchart [#Real Estate|](https://blog.syzgroup.com/syz-the-moment/tag/real-estate) [#United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) ![JUST IN: The Value of US Distressed commercial real-eestate is approaching $80 billion, the highest level in a decade Now less than HALF the 2008 financial crisis levels](https://blog.syzgroup.com/hubfs/1697694305163.jpg) ![JUST IN: The Value of US Distressed commercial real-eestate is approaching $80 billion, the highest level in a decade Now less than HALF the 2008 financial crisis levels](https://blog.syzgroup.com/hubfs/1697694305163.jpg) 19 Oct 2023 - - - #### The iShares 20+ year Treasury Bond ETF (TLT) now down 51% from All-Time-High Source: Bloomberg, HolgerZ [#Fixed Income|](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) [#ETF](https://blog.syzgroup.com/syz-the-moment/tag/etf) ![The iShares 20+ year Treasury Bond ETF (TLT) now down 51% from All-Time-High](https://blog.syzgroup.com/hubfs/1697690907900.jpg) ![The iShares 20+ year Treasury Bond ETF (TLT) now down 51% from All-Time-High](https://blog.syzgroup.com/hubfs/1697690907900.jpg) 19 Oct 2023 - - - #### Gold (in yellow) vs. VIX (in green). Is gold the new 'fear index'? It has systemically decoupled from real rates for sure. Source: Bloomberg [#Macroeconomics|](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) [#gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) ![Gold (in yellow) vs. VIX (in green). Is gold the new 'fear index'?](https://blog.syzgroup.com/hubfs/1697662446580.jpg) ![Gold (in yellow) vs. VIX (in green). Is gold the new 'fear index'?](https://blog.syzgroup.com/hubfs/1697662446580.jpg) 19 Oct 2023 - - - #### $NFLX Netflix Q3 FY23: Netflix shares popped more than 12% after the closing bell Wednesday as the company reported a boost in subscriber growth driven by a password-sharing crackdown efforts and interest in its new ad-supported tier. The streaming giant added 8.76 million global subscribers during the quarter, higher than 5.49 million Wall Street had expected, according to estimates from Street Account. It’s the biggest quarterly net add total for the company since second-quarter 2020, when Netflix added 10.1 million. Source: App Economy Insights, CNBC [#earnings|](https://blog.syzgroup.com/syz-the-moment/tag/earnings) [#investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) ![$NFLX Netflix Q3 FY23:](https://blog.syzgroup.com/hubfs/1697662888941.jpg) ![$NFLX Netflix Q3 FY23:](https://blog.syzgroup.com/hubfs/1697662888941.jpg) 19 Oct 2023 - - - #### $TSLA Tesla Q3 FY23: Tesla misses on earnings as margins drop from last year Tesla reported adjusted earnings of 66 cents per share versus 73 cents expected. Total operating margin came in at 7.6%, down significantly from the year-ago quarter’s figure of 17.2%. Shares rose more than 2% in after hours trading. Source: App Economy Insights [#earnings|](https://blog.syzgroup.com/syz-the-moment/tag/earnings) [#investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) ![$TSLA Tesla Q3 FY23: Tesla misses on earnings as margins drop from last year](https://blog.syzgroup.com/hubfs/1697663057893.jpg) ![$TSLA Tesla Q3 FY23: Tesla misses on earnings as margins drop from last year](https://blog.syzgroup.com/hubfs/1697663057893.jpg) 19 Oct 2023 - - - #### Invest In Assets | Stock Market Investing 📈 "I know many traders, non of them are rich, most of them are stressed out of their minds. I know many long-term investors, many of them are rich, most of them live a peaceful life". Source: Invest in Assets [#markets|](https://blog.syzgroup.com/syz-the-moment/tag/markets) [#investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) ![Invest In Assets | Stock Market Investing 📈](https://blog.syzgroup.com/hubfs/1697575358991.jpg) ![Invest In Assets | Stock Market Investing 📈](https://blog.syzgroup.com/hubfs/1697575358991.jpg) 19 Oct 2023 - - - #### Below a chart of stocks $SPY (S&P 500) vs. bonds $TLT (iShares 20y+ US Treasuries), just as a reminder of the persistence and longevity of this relative trend Source: David Keller [#technical analysis|](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis) [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![Below a chart of stocks $SPY (S&P 500) vs. bonds $TLT (iShares 20y+ US Treasuries), just as a reminder of the persistence and longevity of this relative trend](https://blog.syzgroup.com/hubfs/1697576193307.jpg) ![Below a chart of stocks $SPY (S&P 500) vs. bonds $TLT (iShares 20y+ US Treasuries), just as a reminder of the persistence and longevity of this relative trend](https://blog.syzgroup.com/hubfs/1697576193307.jpg) ❮❮ [❮](https://blog.syzgroup.com/syz-the-moment/page/1210) [1209](https://blog.syzgroup.com/syz-the-moment/page/1209) [1210](https://blog.syzgroup.com/syz-the-moment/page/1210) [1211](https://blog.syzgroup.com/syz-the-moment/page/1211) [1212](https://blog.syzgroup.com/syz-the-moment/page/1212) [1213](https://blog.syzgroup.com/syz-the-moment/page/1213) [❯](https://blog.syzgroup.com/syz-the-moment/page/1212) [❯❯](https://blog.syzgroup.com/syz-the-moment/page/1250?hsLang=en) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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