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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
Top 10 largest US Stocks vs the rest of the S&P 500 so far in 2024
Source: www.econovisuals.net
If futures are any indication, Mainland Chinese stocks are going through roof at the Tuesday reopen from the week-long holiday.
Source: David Ingles @DavidInglesTV on X, Bloomberg
HedgeFunds are now the least bullish on Mag7 stocks since May 2023
Source: GS Prime, Barchart
Goldman: to escape deflation and for the rally to be sustainable, China's M1 has to overtake its M2.
For that to happen, China will need to unleash a historic credit impulse (record new debt creation, launch QE) and global inflationary shockwave. Source: zerohedge
GS: South Africa, Commodity heavy EMs (Peru, Chile), and North Asian equity markets have the highest sensitivity to China growth
Source: Mike Zaccardi, CFA, CMT 🍖, Goldman Sachs
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