The end of Mag7?
Last year the Mag7 essentially moved in unison and was the make-or-break trade. 2 months into 2024 there is a HUGE dispersion in the group. Source: Bloomberg, HolgerZ
BREAKING: New York Community Bank stock, $NYCB, rises 20% after announcing $1 billion capital raise.
The stock is now up 125% from its low of the day seen just 2 hours ago. Completely normal behaviour for a bank with $100 billion+ in assets. Source: The Kobeissi Letter
Bloomberg reports that New York Community Bancorp plans to announce an equity investment of more than $1 billion
Led by Steven Mnuchin’s Liberty Strategic Capital, Hudson Bay Capital and Reverence Capital Partners, according to a spokesperson for the bank.
The Egyptian Pound is down 37% against the USD after switching to a flexible exchange rate
Source: Barchart
Television will eventually follow the path of print newspapers and slowly disappear.
My daughter and most of her friends don’t even have a TV-set anymore. Those who control social media will accumulate enormous political power as we go forward. Source: Michel A.Arouet
With Powell's remarks, Wall Street's hopes for a March rate cut (once 97%) officially hit 0.
With Powell's remarks today, Wall Street's hopes for a March rate cut (once 97%) officially hit 0. "Maybe he should consider using models that have been consistently accurate, instead of listening to those who give him 'different answers' (his words) that have been consistently wrong." From : Mitchel Krause, hedgeye : With Powell's remarks today, Wall Street's hopes for a March rate cut (once 97%) officially hit 0. "Maybe he should consider using models that have been consistently accurate, instead of listening to those who give him 'different answers' (his words) that have been consistently wrong." From : Mitchel Krause, hedgeye :https://app.hedgeye.com/insights/147337-mitchel-krause-how-wall-street-s-hopes-for-march-cuts-quickly-collaps?type=guest-contributors
Mastering Time Management
By Victoria Repa thru Compounding Quality
Nobody cares about Commodities
Source: Win Smart
