FASTEST easing of Financial Conditions in HISTORY
Source: WinSmart, BofA
Total return bond analysis update
Source: Althea Spinozzi, Saxo, Bloomberg
Is Taiwan risk the biggest risk for the economy and financial markets in 2024? See below a scary chart by Bloomberg
Source: Bloomberg
Speculators have built the largest nasdaq long position in history according to CFTC data
Positioning remains a short-term issue for equity markets. Source: Barchart
Interesting tweet by X Safety with regards to yesterday evening fake news around bitcoin spot etf approval by SEC
A bit worrying as well… let see what internal investigation will reveal
The Magnificent Seven have a larger market cap than any country's entire stock market except the US
Source: Barchart
BREAKING: Japan's Nikkei 225 stock index rises above 34,000 for the first time since March 1990. Breakout from a 30-year base!
- Breakout + test from 30-year base (blue circle) - Successful test of 2nd base (purple circle) - $NIKKEI now trading at 34-year high - Still below ATH recorded in 1989 - Yen is undervalued by ~40% on PPP-basis (source: ) Along with hitting a fresh 33-year high, Japan's stock market is now up 120% from its low in 2020. Both technology and health care stocks have been the main drivers. Recently, Warren Buffett began betting on a recovery of Japan's economy. Japan is back in a bull market.
Nvidia, $NVDA, has already added another $130 billion of market cap in 2024 and we're only 6 trading days in
Since its low in October 2022, $NVDA has officially added $1 TRILLION in market cap. As of today, the stock is officially up 400% from its 2022 lows. In 2 years, Nvidia has gone from barely being a top 30 company by market cap to being the 6th largest public company in the world. Source: The Kobeissi Letter
