Here Are All The Funds That Are Losing Billions In FTX
Here is a list of the most prominent investors in FTX courtesy of The Block's Frank Chaparro: BlackRock, Ontario Pension Fund, Sequoia, Paradigm, Tiger Global, SoftBank, Circle, Ribbit, Alan Howard, Multicoin, VanEck, Temasek Source: www.zerohedge.com
No US recession in 4Q according to Atlanta Fed Nowcast
Atlanta Fed nowcast has Q4 GDP running very hot at 4%, which is up a full percentage point from their initial estimate. No recession in their forecast yet.
FTX valuation history
Source: TrungTPhan
The pace of earnings downgrades has accelerated in the US
The pace of earnings downgrades has accelerated in the US, especially compared to Europe, as a Citigroup Inc. gauge of US earnings changes has had 23 consecutive negative prints, the longest losing streak since early 2020 - Bloomberg
A map which shows inflation in Europe
Using latest available data from Eurostat. Source: Milos Popovic.
Rising correlations
Rolling 120d correlation between U.S. dollar (blue) and 10y Treasury yield (orange) has risen to highest since August 2020. Source: Bloomberg, Liz Ann Sonders
The stock market is bifurcating
This chart shows the 11 S&P 500 sectors indexed from the pre-COVID index peak in February 2020. The spread between winners and losers is getting increasingly large. Source: Fidelity
Bitcoin vs. Bubbles
It has been one year since Bitcoin peaked north of $65,000. Compared to other major bubbles, the 12-month gain leading up to the peak was second best behind silver in 1979/1980, while the 12-month drawdown post peak has been the most severe. Source: @NDR_Research
