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Out of the 25 world leaders included in a release by Morning Consult
Only eight can currently claim positive net approval ratings - meaning that more people in their country approve of them than disapprove. The exceptions are Prime Ministers Narendra Modi, Anthony Albanese, Dick Schoof, Simon Harris and Donald Tusk of India, Australia, the Netherlands, Ireland and Poland, respectively, as well as the presidents of Mexico, Argentina and Switzerland, Andrés Manuel López Obrador, Javier Milei and Viola Amherd. Source: Statista
OUCH! Harvard's once-leading endowment fund has become not-so-smart money, as two decades of poor returns leave it firmly behind peers.
Over the past 20yrs, the 8.8% annualized return for Harvard’s endowment ranked 7th of the 8 Ivy League universities and lagged 60% of university funds w/>$5bn under management. Harvard’s 10 year return trailed 80%. Source: HolgerZ, Bloomberg
Shell on Major Swing Support
Shell (SHEL LN) has consolidated 18% since its April highs! The stock is now back on the major swing support zone between 2345-2477. Keep an eye on this level for any reaction. Source: Bloomberg
L'Oreal Strong Rebound After Liquidity Sweep
L'Oreal has strongly rebounded since the recent break of the major support level at 372, suggesting it may have been a liquidity sweep. The recent change in trend indicates that the consolidation, which started in February (-20%), could now be over. There's also a gap around 387 that might be filled—but the question is when? Source: Bloomberg
Many investors consider the KraneShares CSI China Internet ETF $KWEB as the best instrument to get exposed to China.
Here is the breakdown of this ETF. Do you invest in China?
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