🚨 US INSIDERS ARE STOPPING BUYING THEIR COMPANIES' STOCKS🚨
US firms' executives purchased $2.3 billion worth of stock year-to-date, THE LEAST since 2010. To put this into perspective, during the COVID CRASH in 2020 they bought $1.3 billion in one month Source: Global Market Investors
The come-back of emerging markets equities?
We just witnessed the 2nd largest weekly inflow to EM equity funds ever according to BofA / EPFR fund flows data. Among the tailwinds for EM equities: weaker dollar, Fed cutting rates, room for EM central banks to ease monetary policy conditions, China stimulus and cheap valuations. Source: BofA, @ackmeni on X
CTAs are projected to sell the S&P 500 in EVERY SINGLE scenario over the next week and month, as much as $38 billion worth, according to Goldman Sachs
Source: Barchart
😱 The shocking chart of the day: Chinese stocks surged by 5.93% while Hong Kong Stocks collapsed by 9.41%, the largest single-day divergence in history 😱
Source: Barchart
$GOOGL's share of the U.S. search ad market is expected to drop below 50% next year for the first time in over a decade, according to eMarketer.
TikTok is already targeting ads based on search queries, and AI startup Perplexity, backed by Jeff Bezos, is planning to roll out ads soon. Meanwhile, Amazon, with a 22.3% share, continues to grow fast. The competition is heating up... Source: WSJ thru Wall Street Engine
US Yields back at 4% for the first time since August
Monday 7th of october 2024 recent yields move US Treasury 2yrs and 10yrs
In case you missed it... European financials index closed the week at the highest level since 2008...
Source: J-C Parets
Asset management is a tough business to be in:
Source: Invest In Assets
