China's stock market is having its best week in nearly a decade.
Source: (((The Daily Shot))) @SoberLook
📢 CHINESE INVESTMENT FIRMS CAN NOW BORROW FROM CENTRAL BANK TO BUY STOCKS.
WILL WE SEE A TRUE RECOVERY OF CHINESE STOCKS OR WILL IT BE ANOTHER FALSE START? Source: Radar
Not a bad week for Dr Burry who is heavily invested in China stocks Alibaba $BABA, Bidu $BIDU and JD.com $JD...
Note that another big bet from Burry - Shift4 payments $FOUR - has also been doing great recently... Source: Guru Focus, Yahoo Finance
US stocks recorded only small gains yesterday as investors were cold feet by weak consumer confidence numbers
*U.S. SEPTEMBER CB CONSUMER CONFIDENCE SINKS TO 103.0; EST. 105.5; PREV. 108.7 *THIS WAS THE LOWEST LEVEL SINCE MAY 2023 Source: www.investing.com
A visualisation of why the fees you pay, matter:
Source: Koyfin
Friday's daily change in S&P 500 Dealer Gamma, $9 Billion, was the largest in history
Source: Barchart
AMERICANS CURRENT VALUE OF STOCK MARKET INVESTMENTS IS SKYROCKETING
The median amount of US consumers' stock market investments hit $237,000. The value has DOUBLED in 1 year. Such a spike has never been seen before. Source: Global Markets Investor
🚨US UNEMPLOYMENT RATE USUALLY RISES BEFORE THE S&P 500 CORRECTION🚨
US jobless rate rose from 3.4% in April 2023 to 4.2% in August near the highest in 3 years. In the past, when the unemployment rate was rising, the S&P 500 index saw significant declines. The us jobs reports in the coming weeks will be key... Source. Global Markets Investor
