There’s another S&P 500 target cut — to a new Wall Street low
Another bank has cut its price target, and this time it’s to a new low on Wall Street. Barclays strategists say they’ve lowered their year-end S&P 500 price target to 5,900 from 6,600. That’s the lowest of any firm that’s a U.S. Treasury dealer, though Montreal-based BCA has a 4,450 year-end call. source : marketwatch
‼️'Retail investors' money is FURIOUSLY buying US equities:
Retail flows into technology stocks have more than TRIPLED in just a few weeks. Mom-and-pop investors have bought the largest US tech stocks despite the Nasdaq 100 index falling into a correction.👇 Source: Global Markets Investor
Economic miracle in poland...
This took place in just ONE generation... No secret sauce: Free market, hard work and entrepreneurial spirit. Source: Michel A.Arouet
JUST IN 🚨: Copper jumps to a new all-time high
Source: Barchart
Since 2017, Turkish Lira has fallen 91% against the Dollar
Source: Bloomberg, Robin Brooks
The Great Breakfast Bear Market
Source: Jim Bianco @biancoresearch
Hedge Funds have cut their exposure to Magnificent 7 stocks to the lowest level in 2 years 👀
Source: Barchart @Barchart, Goldman Sachs
The price of copper is likely to set new records this year at $12,000 or more a tonne
according to several of the world’s largest trading houses, lifted by growing global demand and the threat of US President Donald Trump’s trade tariffs. Source: FT
