Germany is the european country the most sensitive to global trade according to Goldman - see chart below
According to Goldman Sachs, the Dax and MDax have a beta of 1.9 to world trade growth — meaning they tend to move almost twice as strongly w/changes in global trade. That’s much higher than the US market, which has a beta of 1.4. In contrast, the UK’s FTSE 100 is less exposed to global trade, thanks to its defensive sector mix and the UK’s services-driven economy. The Swiss SMI is similarly more insulated. It’s also a defensive index, and Swiss exports are generally less sensitive to global demand, as they often consist of high-tech, specialized products. Source: HolgerZ, Goldman Sachs
OpenAI is now the world's second most valuable private company
Source: Markets & Mayhem @Mayhem4Markets
What's your favorite US mega-cap here?
Source: Bespoke
Foreign investors withdrew ~$6 BILLION from US equity funds last week.
This is the the 3rd largest amount on record and in-line with levels seen during March 2020. source : BofA, kobeissiletter
Tom Lee: Conference Board shows largest ever plunge in stock expectations, which is a contrarian buy signal
Source: Mike Zaccardi, CFA, CMT 🍖@MikeZaccardi, FundStrat
‼️'Retail investors' money is FURIOUSLY buying US equities:
Retail flows into technology stocks have more than TRIPLED in just a few weeks. Mom-and-pop investors have bought the largest US tech stocks despite the Nasdaq 100 index falling into a correction.👇 Source: Global Markets Investor
If Goldman is wrong and the market has priced in all the downside of April 2 (and then some)
it is possible that stocks will continue to rally, which means that the analogue chart between Trump 2 and Trump1 will remain valid. Source: www.zerohedge.com, Bloomberg
The S&P has closed above the 200-day moving average... WE DID IT! $SPY
The Great Market Crash of 2025 • Born: March 2025 • Died: March 2025 ??? Source: StockTwits
