10 Oct 2023
Ever heard of the PEG ratio?
It's Peter Lynch's go-to metric, shorthand for "price-to-earnings growth". Scores <1.0 hint at a bargain, while >2.0 might be a bit pricey -- let's take a look at where the 'Magnificent 7' stack up Shay Boloor via StockSavvyShay
10 Oct 2023
Oil is not going away anytime soon
Source: Markets & Mayhem 🤖
10 Oct 2023
In case you missed it:
Fed Balance sheet has dropped <$8tn for 1st time since Summer 2021 on QT. Fed's total assets are now equal to 29.4% of US's GDP vs ECB's 50.9%, SNB's 111.5%, or BoJ's 125.7%. Source: Bloomberg, HolgerZ
9 Oct 2023
Shanghai Shenzhen Index back on 2005 uptrend support
Shanghai Shenzhen Index (CSI 300) is testing 2005 uptrend support. This is the 5th time it happens. Keep an eye on this key level.
9 Oct 2023
Equal Weighted S&P 500 is currently trading under its 200 Day moving average by 4.2%, the most this year
Source: Barchart
9 Oct 2023
Rising real rates are going to inflict real pain on a variety of asset classes, particularly longer duration risk
BofA, Markets & Mayhem 🤖
9 Oct 2023
A potential black swan which could follow this week-end attack: both Saudi & Iran oil supply going down?
Source chart: Bloomberg
9 Oct 2023
The global EPS cycle continues to improve, with nominal GDP growth continuing to support the cycle
Source: SocGen, TME
