--- title: Syz The Moment (708) description: Syz The Moment (708) --- [![Syz Private banking](https://blog.syzgroup.com/hs-fs/hubfs/Logo.png?width=140&name=Logo.png "Syz Private banking")](https://www.syzgroup.com/fr) ## **Thinking** out loud [Subscribe](https://25733253.hs-sites-eu1.com/newsletter-signup?hsLang=en) [![Contact Us](https://hubspot-no-cache-eu1-prod.s3.amazonaws.com/cta/default/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2.png)](https://hubspot-cta-redirect-eu1-prod.s3.amazonaws.com/cta/redirect/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2) - [OUR SERVICES](https://www.syzgroup.com/en/private-banking) - [ABOUT SYZ](https://www.syzgroup.com/en/about/welcome-to-syz) - [CAREERS](https://www.syzgroup.com/en/careers) - [PRESS](https://www.syzgroup.com/en/news) - [Blog Homepage](https://blog.syzgroup.com) - [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus) - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights) - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook) - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives) - [Syz the moment](https://blog.syzgroup.com/syz-the-moment) - [Crypto corner](https://blog.syzgroup.com/crypto-corner) - [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights) - [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) - [The week in seven charts](https://blog.syzgroup.com/fast-food-for-thoughts/tag/the-week-in-seven-charts) - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash) - [Fixed Income Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income) - [Equity Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities) - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook) - [CONTACT](https://www.syzgroup.com/en/contact-us/form) - [ENGLISH](https://www.syzgroup.com/) - [FRANÇAIS](https://www.syzgroup.com/fr) - [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus) - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights) - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook) - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives) - [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash) - [Weekly Fixed Income](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income) - [The week in seven charts](https://blog.syzgroup.com/slow-food-for-thoughts/tag/the-week-in-seven-charts) - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook) - [Weekly Equities](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities) - [Syz the moment](https://blog.syzgroup.com/syz-the-moment) - [Crypto corner](https://blog.syzgroup.com/crypto-corner) - [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights) - [Our Services](https://www.syzgroup.com/en/private-banking) - [About Syz](https://www.syzgroup.com/en/about/welcome-to-syz) - [Careers](https://www.syzgroup.com/en/careers) - [Press](https://www.syzgroup.com/en/news) - [Contact](https://www.syzgroup.com/en/contact-us/form) - [English](https://www.syzgroup.com/) - [Français](https://www.syzgroup.com/fr) ## **Sign-up** for our newsletter This website uses cookies to enhance user navigation and to collect statistical data. 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Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. ## Straight from the Desk # **Syz** the moment Live feeds, charts, breaking stories, all day long. - [All](https://blog.syzgroup.com/syz-the-moment) - [equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) - [United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) - [Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) - [Food for Thought](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thought) - [markets](https://blog.syzgroup.com/syz-the-moment/tag/markets) - [Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) - [bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) - [Fixed Income](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) - [geopolitics](https://blog.syzgroup.com/syz-the-moment/tag/geopolitics) - [AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) - [europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) - [Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) - [gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) - [Commodities](https://blog.syzgroup.com/syz-the-moment/tag/commodities) - [investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) - [Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology) - [Crypto](https://blog.syzgroup.com/syz-the-moment/tag/crypto) - [technical analysis](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis) - [nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) - [oil](https://blog.syzgroup.com/syz-the-moment/tag/oil) - [china](https://blog.syzgroup.com/syz-the-moment/tag/china) - [ETF](https://blog.syzgroup.com/syz-the-moment/tag/etf) - [earnings](https://blog.syzgroup.com/syz-the-moment/tag/earnings) - [Forex](https://blog.syzgroup.com/syz-the-moment/tag/forex) - [energy](https://blog.syzgroup.com/syz-the-moment/tag/energy) - [banking](https://blog.syzgroup.com/syz-the-moment/tag/banking) - [magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) - [Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) - [Volatility](https://blog.syzgroup.com/syz-the-moment/tag/volatility) - [Real Estate](https://blog.syzgroup.com/syz-the-moment/tag/real-estate) - [apple](https://blog.syzgroup.com/syz-the-moment/tag/apple) - [emerging-markets](https://blog.syzgroup.com/syz-the-moment/tag/emerging-markets) - [google](https://blog.syzgroup.com/syz-the-moment/tag/google) - [Middle East](https://blog.syzgroup.com/syz-the-moment/tag/middle-east) - [switzerland](https://blog.syzgroup.com/syz-the-moment/tag/switzerland) - [tesla](https://blog.syzgroup.com/syz-the-moment/tag/tesla) - [United Kingdom](https://blog.syzgroup.com/syz-the-moment/tag/united-kingdom) - [amazon](https://blog.syzgroup.com/syz-the-moment/tag/amazon) - [microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) - [assetmanagement](https://blog.syzgroup.com/syz-the-moment/tag/assetmanagement) - [ethereum](https://blog.syzgroup.com/syz-the-moment/tag/ethereum) - [meta](https://blog.syzgroup.com/syz-the-moment/tag/meta) - [russia](https://blog.syzgroup.com/syz-the-moment/tag/russia) - [Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) - [Healthcare](https://blog.syzgroup.com/syz-the-moment/tag/healthcare) - [ESG](https://blog.syzgroup.com/syz-the-moment/tag/esg) - [Global Markets Outlook](https://blog.syzgroup.com/syz-the-moment/tag/global-markets-outlook) - [Turkey](https://blog.syzgroup.com/syz-the-moment/tag/turkey) - [inflation](https://blog.syzgroup.com/syz-the-moment/tag/inflation) - [bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) - [brics](https://blog.syzgroup.com/syz-the-moment/tag/brics) - [Market Outlook](https://blog.syzgroup.com/syz-the-moment/tag/market-outlook) - [performance](https://blog.syzgroup.com/syz-the-moment/tag/performance) - [africa](https://blog.syzgroup.com/syz-the-moment/tag/africa) - [LLM](https://blog.syzgroup.com/syz-the-moment/tag/llm) - [Global](https://blog.syzgroup.com/syz-the-moment/tag/global) - [Market News](https://blog.syzgroup.com/syz-the-moment/tag/market-news) - [Weekly Equities](https://blog.syzgroup.com/syz-the-moment/tag/weekly-equities) Show more 11 Nov 2024 - - - #### Some costly shorts... Source: Bloomberg [#tesla](https://blog.syzgroup.com/syz-the-moment/tag/tesla) ![Some costly shorts...](https://blog.syzgroup.com/hubfs/4-Nov-11-2024-04-32-29-8424-PM.jpeg) ![Some costly shorts...](https://blog.syzgroup.com/hubfs/4-Nov-11-2024-04-32-29-8424-PM.jpeg) 11 Nov 2024 - - - #### 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 [#geopolitics|](https://blog.syzgroup.com/syz-the-moment/tag/geopolitics) [#europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) ![The US election doesn't change geopolitical truths facing the EU:](https://blog.syzgroup.com/hubfs/3-Nov-11-2024-04-29-31-2229-PM.jpeg) ![The US election doesn't change geopolitical truths facing the EU:](https://blog.syzgroup.com/hubfs/3-Nov-11-2024-04-29-31-2229-PM.jpeg) 11 Nov 2024 - - - #### 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. [#Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) ![Hedge fund indices YTD performance by strategy as of 31/10/2024.](https://blog.syzgroup.com/hubfs/2-Nov-11-2024-04-28-26-6241-PM.jpeg) ![Hedge fund indices YTD performance by strategy as of 31/10/2024.](https://blog.syzgroup.com/hubfs/2-Nov-11-2024-04-28-26-6241-PM.jpeg) 11 Nov 2024 - - - #### Foreign holdings of US Treasuries have jumped by $2.6 TRILLION over the last decade. Europe’s Treasury holdings have risen by $1.5 trillion with the rest of the world acquiring $1.7 trillion of bonds. On the other hand, China and Japan's holdings have shrunk by ~$500 and ~$100 billion, respectively. Overall, total foreign holdings as a share of outstanding federal debt have dropped from 35% to 24%, near the lowest level in 18 years. This is the consequence of rapidly rising public debt with the supply of Treasuries rising ~$15 trillion over the last decade. Foreign demand for Treasuries cannot keep up with skyrocketing US debt. Source: The Kobeissi Letter [#Fixed Income|](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) [#Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) ![Foreign holdings of US Treasuries have jumped by $2.6 TRILLION over the last decade.](https://blog.syzgroup.com/hubfs/1-Nov-11-2024-04-26-23-2292-PM.jpeg) ![Foreign holdings of US Treasuries have jumped by $2.6 TRILLION over the last decade.](https://blog.syzgroup.com/hubfs/1-Nov-11-2024-04-26-23-2292-PM.jpeg) 8 Nov 2024 - - - #### Merck on Major Support Zone Merck has undergone a 26% consolidation since its June highs and has now reached a major swing support zone between 99.14 - 105.37. This level will be crucial to watch for potential support. Source: Bloomberg [#technical analysis](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis) ![Merck on Major Support Zone](https://blog.syzgroup.com/hubfs/MRK%20US%202.png) ![Merck on Major Support Zone](https://blog.syzgroup.com/hubfs/MRK%20US%202.png) 8 Nov 2024 - - - #### TRUMP LIKELY TO LET POWELL TO SERVE OUT TERM UNTIL MAY 2026 Source: CNN [#Food for Thought](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thought) ![TRUMP LIKELY TO LET POWELL TO SERVE OUT TERM UNTIL MAY 2026](https://blog.syzgroup.com/hubfs/11-Nov-08-2024-02-02-37-7506-PM.jpg) ![TRUMP LIKELY TO LET POWELL TO SERVE OUT TERM UNTIL MAY 2026](https://blog.syzgroup.com/hubfs/11-Nov-08-2024-02-02-37-7506-PM.jpg) 8 Nov 2024 - - - #### Fed cuts rates by 25bps in unanimous decision as expected. So what did the Fed do? 👉 FED LOWERS BENCHMARK RATE 25 BPS TO 4.5%-4.75% RANGE 👉 FED SAYS RISKS TO GOALS REMAIN 'ROUGHLY IN BALANCE’ 👉 FED: LABOR MARKET CONDITIONS HAVE 'GENERALLY EASED' No dissent on this rate-cut decision. 🚨 Key changes: - Most notably, removing language that Fed has "gained greater confidence that inflation is moving sustainable toward 2 percent". - Adding that labor market conditions have "generally eased" since earlier in the year, replacing "job gains have slowed". Source: Bloomberg, www.zerohedge.com [#Central banks|](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) [#Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) ![Fed cuts rates by 25bps in unanimous decision as expected. So what did the Fed do?](https://blog.syzgroup.com/hubfs/10-Nov-08-2024-02-01-40-5410-PM.jpg) ![Fed cuts rates by 25bps in unanimous decision as expected. So what did the Fed do?](https://blog.syzgroup.com/hubfs/10-Nov-08-2024-02-01-40-5410-PM.jpg) 8 Nov 2024 - - - #### FLOWMAGEDDON: A Trump-inspired gusher of cash is flowing into risk-on ETFs, +$22b in one day is absurd, that is normally a good WEEK. YTD net flows now +$856b, (55b away from annual record) and the rolling 1-year has passed $1T Source: Eric Balchunas, Bloomberg [#ETF|](https://blog.syzgroup.com/syz-the-moment/tag/etf) [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![FLOWMAGEDDON: A Trump-inspired gusher of cash is flowing into risk-on ETFs, +$22b in one day is absurd, that is normally a good WEEK.](https://blog.syzgroup.com/hubfs/9-Nov-08-2024-02-00-45-0569-PM.jpg) ![FLOWMAGEDDON: A Trump-inspired gusher of cash is flowing into risk-on ETFs, +$22b in one day is absurd, that is normally a good WEEK.](https://blog.syzgroup.com/hubfs/9-Nov-08-2024-02-00-45-0569-PM.jpg) ❮❮ [❮](https://blog.syzgroup.com/syz-the-moment/page/707) [706](https://blog.syzgroup.com/syz-the-moment/page/706) [707](https://blog.syzgroup.com/syz-the-moment/page/707) [708](https://blog.syzgroup.com/syz-the-moment/page/708) [709](https://blog.syzgroup.com/syz-the-moment/page/709) [710](https://blog.syzgroup.com/syz-the-moment/page/710) [❯](https://blog.syzgroup.com/syz-the-moment/page/709) [❯❯](https://blog.syzgroup.com/syz-the-moment/page/1251?hsLang=en) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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