BCA's Marko Papic (@Geo_papic) sees Chinese monetary & fiscal stimulus as a "fairly big deal": "This is Beijing’s 'Whatever It Takes' moment.
Effectively, Beijing has reached a point where the policy focus shifts from guarding against moral hazard to guarding against political risks." He bets, that we are at the start of a major rotation out of US assets. Source: HolgerZ, Bloomberg
Hilarious. $BABA
Source: TrendSpider
Mag 7 v. 2000s tech Bubble
Source: Stocktwits
David Tepper, who runs the $6 billion hedge fund Appaloosa Management, is growing even more bullish on Chinese stocks amid the nation's new fiscal stimulus measures.
Tepper views China's stock market as more attractive than the US stock market due to valuation differences. Source: Markets Insider
😱 The "shocking chart of the day" that no bulls want to see 😱
Source: Mac10
China shorts are "ALL-IN".
Even more than at *the* Bottom. Source: Macro charts
🔥US STOCK MARKET DOMINANCE KEEPS GROWING🔥
The American stock market accounts for nearly 50% of global market capitalization. It has reached a MASSIVE $55 trillion, or ~200% of US GDP, the most on record. This is almost TRIPLE the value of the Asian and European exchanges. Source: Global Markets Investor, The Daily Shot
Investors bought the most amount of Chinese Stocks on Tuesday in 3.5 years 👀
Source. Barchart, Goldman Sachs
