Something to keep in mind for 2024?
Source: Michel A.Arouet
A gauge of early-stage small, mid-cap growth stocks in China has rallied 40% within just a few weeks
Source: David Ingles, Bloomberg
What Will Americans Buy on Black Friday?
TODAY IS BLACK FRIDAY... Black Friday falls on the fourth Friday of November each year, with Cyber Monday following just three days later. The two shopping days are some of the busiest of the year in the United States, with an estimated $19.6 billion raked in over the 2021 Thanksgiving weekend in e-commerce revenue alone. U.S. shoppers keen to make the most of discounted prices were asked in a Statista survey which items they were planning on buying. As the following chart shows, clothing, electronics and shoes are among the most popular choices this year. In terms of other shopping behaviors, the same survey found that where 41 percent of U.S. respondents said they would be shopping via online stores, 28 percent were undecided and 25 percent planned on heading to brick-and-mortar shops. Source: Statista
This level was last seen during the Financial Crisis
9% of bonds are due to mature within the next 2 years. High interest rates will make it harder to refinance. Source: Game of Trades
French and German economies are slumping
Source: Bloomberg
Hedge Fund exposure to the Magnificent Seven is quite high, according to data from Goldman Sachs
Source: Markets Mayhem
Turkey’s central bank hiked its key interest rate to 40% on Thursday
The lira was trading at 28.766 to the dollar following the news, slightly stronger against the greenback. The rate increase was double economists’ expectations, who had forecast a 250-basis-point hike. The move was seen as a continuation of the bank’s attempt to combat high inflation and a falling lira. Inflation in the country came in at a whopping 61% in October Source: Bloomberg, CNBC
ALERT: US imports from Mexico have just surpassed those from China This has happened for the first time since in 2 decades
Source: Games of Trades
