--- title: Syz The Moment (720) description: Syz The Moment (720) --- [![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 30 Oct 2024 - - - #### Warren Buffett once said: 'My success over 58 years was mainly the result of “about a dozen truly good decisions." Source: Compounding Quality [#Food for Thought|](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thought) [#investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) ![Warren Buffett once said: 'My success over 58 years was mainly the result of “about a dozen truly good decisions.](https://blog.syzgroup.com/hubfs/9-Oct-30-2024-04-40-15-9775-PM.jpg) ![Warren Buffett once said: 'My success over 58 years was mainly the result of “about a dozen truly good decisions.](https://blog.syzgroup.com/hubfs/9-Oct-30-2024-04-40-15-9775-PM.jpg) 30 Oct 2024 - - - #### 🚨 MARKET EUPHORIA IS AN UNDERSTATEMENT🚨 Asset managers' net long positions on the S&P 500, Dow Jones and Nasdaq futures are now the second-highest in 15 YEARS. They are now only slightly below the 2021 levels seen before the 2022 bear market. Professionals are all in stocks. Source: Global Markets Investor [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#assetmanagement](https://blog.syzgroup.com/syz-the-moment/tag/assetmanagement) ![🚨 MARKET EUPHORIA IS AN UNDERSTATEMENT🚨](https://blog.syzgroup.com/hubfs/8-Oct-30-2024-04-39-01-7197-PM.jpg) ![🚨 MARKET EUPHORIA IS AN UNDERSTATEMENT🚨](https://blog.syzgroup.com/hubfs/8-Oct-30-2024-04-39-01-7197-PM.jpg) 30 Oct 2024 - - - #### Saudi Arabia’s Public Investment Fund, which has about $930bn worth of assets, said it intended to cut the proportion of funds invested overseas to between 18 and 20%, down from 30%. Yasir Al Rumayyan, governor of PIF and chairman of Saudi Aramco and the FII Institute, speaking at the start of FII8 in Riyadh on Tuesday said there needs to be a global shift in focus from short term gains to sustainable growth supported by Artificial Intelligence (AI) that could benefit both economies and societies. The head of the kingdom’s sovereign wealth fund added that in a world marred by uncertainty, countries which can bridge gaps between East and West are essential. He said Saudi Arabia is a “super connector” thanks to its unique resources and strategic geographic location, which enables it to drive investments in infrastructure and technology. Source: FT, Zawya [#Middle East](https://blog.syzgroup.com/syz-the-moment/tag/middle-east) ![Saudi Arabia’s Public Investment Fund, which has about $930bn worth of assets, said it intended to cut the proportion of funds invested overseas to between 18 and 20%, down from 30%.](https://blog.syzgroup.com/hubfs/7-Oct-30-2024-04-38-10-2078-PM.jpg) ![Saudi Arabia’s Public Investment Fund, which has about $930bn worth of assets, said it intended to cut the proportion of funds invested overseas to between 18 and 20%, down from 30%.](https://blog.syzgroup.com/hubfs/7-Oct-30-2024-04-38-10-2078-PM.jpg) 30 Oct 2024 - - - #### 🥉 Swiss bank UBS smashes third-quarter expectations with $1.4 billion in profit (vs. $667.5 million expected) 👉 Group revenue was $12.33 billion, above analyst expectations near $11.78 billion. Q3 highlights included: - Operating profit before tax of $1.93 billion, up from a loss of 184 million in the same quarter last year. - Return on tangible equity hit 7.3%, compared with 5.9% over the second quarter. - CET 1 capital ratio, a measure of bank solvency, was 14.3%, down from 14.9% in the second quarter. The lender said it expects to complete its planned $1 billion share buyback program in the fourth quarter and intends to continue repurchases in 2025. 💪 UBS Sees Uninterrupted Client Momentum: Switzerland's largest bank reports strong transactional activity in its core business and expects to achieve its objective of $100 billion in net new assets by the end of the year. Source: CNBC [#earnings|](https://blog.syzgroup.com/syz-the-moment/tag/earnings) [#banking](https://blog.syzgroup.com/syz-the-moment/tag/banking) ![🥉 Swiss bank UBS smashes third-quarter expectations with $1.4 billion in profit (vs. $667.5 million expected)](https://blog.syzgroup.com/hubfs/6-Oct-30-2024-04-32-22-7354-PM.jpg) ![🥉 Swiss bank UBS smashes third-quarter expectations with $1.4 billion in profit (vs. $667.5 million expected)](https://blog.syzgroup.com/hubfs/6-Oct-30-2024-04-32-22-7354-PM.jpg) 30 Oct 2024 - - - #### GOLD RALLY HAS BEEN TRULY UNSTOPPABLE Gold prices have hit 40 all-time highs so far in 2024, marking the best year this century. The so-called barbarous relic has rallied 33% year-to-date and is on track for the best annual performance since 1979. Source: Global Markets Investor, The Daily Shot [#Commodities|](https://blog.syzgroup.com/syz-the-moment/tag/commodities) [#gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) ![GOLD RALLY HAS BEEN TRULY UNSTOPPABLE](https://blog.syzgroup.com/hubfs/5-Oct-30-2024-04-30-27-8877-PM.jpg) ![GOLD RALLY HAS BEEN TRULY UNSTOPPABLE](https://blog.syzgroup.com/hubfs/5-Oct-30-2024-04-30-27-8877-PM.jpg) 30 Oct 2024 - - - #### ETF launches have been going vertical over past few years… 700+ new ETFs have been launched just over the trailing 12 months. Source: Nate Geraci @NateGeraci via Todd Sohn [#ETF](https://blog.syzgroup.com/syz-the-moment/tag/etf) ![ETF launches have been going vertical over past few years…](https://blog.syzgroup.com/hubfs/4-Oct-30-2024-04-29-29-6604-PM.jpg) ![ETF launches have been going vertical over past few years…](https://blog.syzgroup.com/hubfs/4-Oct-30-2024-04-29-29-6604-PM.jpg) 30 Oct 2024 - - - #### #donothing Source: Anthony Pompliano [#Food for Thought|](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thought) [#investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) ![#donothing](https://blog.syzgroup.com/hubfs/3-Oct-30-2024-04-27-44-5738-PM.jpg) ![#donothing](https://blog.syzgroup.com/hubfs/3-Oct-30-2024-04-27-44-5738-PM.jpg) 30 Oct 2024 - - - #### The last time the S&P 500 rose more than 40% over 12 months was in 1987. Source: The Great Martis @great\_martis [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![The last time the S&P 500 rose more than 40% over 12 months was in 1987.](https://blog.syzgroup.com/hubfs/2-Oct-30-2024-04-25-20-1817-PM.jpg) ![The last time the S&P 500 rose more than 40% over 12 months was in 1987.](https://blog.syzgroup.com/hubfs/2-Oct-30-2024-04-25-20-1817-PM.jpg) ❮❮ [❮](https://blog.syzgroup.com/syz-the-moment/page/719) [718](https://blog.syzgroup.com/syz-the-moment/page/718) [719](https://blog.syzgroup.com/syz-the-moment/page/719) [720](https://blog.syzgroup.com/syz-the-moment/page/720) [721](https://blog.syzgroup.com/syz-the-moment/page/721) [722](https://blog.syzgroup.com/syz-the-moment/page/722) [❯](https://blog.syzgroup.com/syz-the-moment/page/721) [❯❯](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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