Actually, bonds performed really well last week
$TLT $AGG Source: Mike Zaccardi, CFA, CMT, MBA
$SPY The S&P 500 had its best-performing week of 2024. Here are the top-performing stocks from last week: 👇🏻
Source: The Future Investors @ftr_investors
#hodl
#holders
🚨 The “Euro swap cash basis” is negative for the first time since its creation in 1999.🚨
👉 It reflects the difference in cost between borrowing money in euros and the cost of swapping it to another currency, like U.S. dollars. 👉When it’s negative, it means borrowing in euros and swapping it to dollars is unusually expensive or difficult. 👉The fact that it’s negative for the first time since 1999 suggests that dollar demand is at an all time high🥤 Source: BowTiedMara @BowTiedMara
🚨MARKET SPECULATION LEVEL HAS RARELY BEEN GREATER🚨
Retail traders' activity share in the options market SPIKED to 20% last week, the highest level ever recorded. Retail is piling into options at a much faster pace than during the 2020 retail trading bonanza. Source: Global Markets Investor, JP Morgan Quant
Some costly shorts...
Source: Bloomberg
The US election doesn't change geopolitical truths facing the EU:
(i) China and Russia are allies - China is Putin's biggest enabler; (ii) the EU depends on the US for military protection, the US does NOT in any way depend on the EU. Strategic autonomy is a dangerous illusion... Source: Robin Brooks
Hedge fund indices YTD performance by strategy as of 31/10/2024.
The top 5 hedgefund strategies according to Aurum database as of October 2024 were: 1) Equity long/short - AsiaPac (L/S) stands at 16.9% YTD. 2) Long biased equity stands at 14.2% YTD. 3) Equity long/short - Sector (L/S) stands at 14.2% YTD. 4) Quant - Multi stands at 14.1% YTD. 5) Equity long/short - US (L/S) stands at 12.3% YTD.
