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Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. ## Straight from the Desk # **Syz** the moment Live feeds, charts, breaking stories, all day long. - [All](https://blog.syzgroup.com/syz-the-moment) - [equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) - [United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) - [Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) - [Food for Thought](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thought) - [markets](https://blog.syzgroup.com/syz-the-moment/tag/markets) - [Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) - [bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) - [Fixed Income](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) - [geopolitics](https://blog.syzgroup.com/syz-the-moment/tag/geopolitics) - [AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) - [Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) - 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[meta](https://blog.syzgroup.com/syz-the-moment/tag/meta) - [russia](https://blog.syzgroup.com/syz-the-moment/tag/russia) - [Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) - [Healthcare](https://blog.syzgroup.com/syz-the-moment/tag/healthcare) - [ESG](https://blog.syzgroup.com/syz-the-moment/tag/esg) - [Global Markets Outlook](https://blog.syzgroup.com/syz-the-moment/tag/global-markets-outlook) - [Turkey](https://blog.syzgroup.com/syz-the-moment/tag/turkey) - [inflation](https://blog.syzgroup.com/syz-the-moment/tag/inflation) - [bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) - [brics](https://blog.syzgroup.com/syz-the-moment/tag/brics) - [Market Outlook](https://blog.syzgroup.com/syz-the-moment/tag/market-outlook) - [performance](https://blog.syzgroup.com/syz-the-moment/tag/performance) - [africa](https://blog.syzgroup.com/syz-the-moment/tag/africa) - [LLM](https://blog.syzgroup.com/syz-the-moment/tag/llm) - [Global](https://blog.syzgroup.com/syz-the-moment/tag/global) - [Market News](https://blog.syzgroup.com/syz-the-moment/tag/market-news) - [Weekly Equities](https://blog.syzgroup.com/syz-the-moment/tag/weekly-equities) Show more 20 Dec 2023 - - - #### 58% of US households own stocks, the highest percentage on record Source: Charlie Bilello [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) ![58% of US households own stocks, the highest percentage on record](https://blog.syzgroup.com/hubfs/1703010833111.jpg) ![58% of US households own stocks, the highest percentage on record](https://blog.syzgroup.com/hubfs/1703010833111.jpg) 20 Dec 2023 - - - #### The gap between the Magnificent 7 and the S&P 493 (remaining 493 companies) is now 63% This year, the Magnificent7 is up a massive 75% while the remaining 493 companies are up just 12%. Combined, the S&P 500 is up ~25%, more than doubling the S&P 493's total return. In other words, the Magnificent 7 is up 3 TIMES as much as the S&P 500 and ~6 TIMES as much as the S&P 493. Just 7 weeks ago, the S&P 493 was DOWN 2% this year. Source: The Kobeissi Letter [#markets|](https://blog.syzgroup.com/syz-the-moment/tag/markets) [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![The gap between the Magnificent 7 and the S&P 493 (remaining 493 companies) is now 63%](https://blog.syzgroup.com/hubfs/1703060195248.jpg) ![The gap between the Magnificent 7 and the S&P 493 (remaining 493 companies) is now 63%](https://blog.syzgroup.com/hubfs/1703060195248.jpg) 20 Dec 2023 - - - #### The stock market spent 2022 steadily declining and 2023 steadily gaining, to generally wind up about where it started Source: Peter Mallouk [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![The stock market spent 2022 steadily declining and 2023 steadily gaining, to generally wind up about where it started](https://blog.syzgroup.com/hubfs/1703010985113.jpg) ![The stock market spent 2022 steadily declining and 2023 steadily gaining, to generally wind up about where it started](https://blog.syzgroup.com/hubfs/1703010985113.jpg) 20 Dec 2023 - - - #### Chinese stocks made up 24.7% of the MSCI Emerging Markets index by capitalization, down from 40% three years ago Meanwhile, India's weight has doubled... Source: Gavekal [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) ![Chinese stocks made up 24.7% of the MSCI Emerging Markets index by capitalization, down from 40% three years ago](https://blog.syzgroup.com/hubfs/1702930774556.jpg) ![Chinese stocks made up 24.7% of the MSCI Emerging Markets index by capitalization, down from 40% three years ago](https://blog.syzgroup.com/hubfs/1702930774556.jpg) 19 Dec 2023 - - - #### BREAKING: Chinese Equities Chinese Stocks continue to nosedive and have fallen to their lowest prices in 5 years. Source: Barchart [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) ![BREAKING: Chinese Equities](https://blog.syzgroup.com/hubfs/1702970498399.jpg) ![BREAKING: Chinese Equities](https://blog.syzgroup.com/hubfs/1702970498399.jpg) 19 Dec 2023 - - - #### Total return indexes - the long view Source. Compounding Quality [#markets|](https://blog.syzgroup.com/syz-the-moment/tag/markets) [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![Total return indexes - the long view](https://blog.syzgroup.com/hubfs/1702882302566.jpg) ![Total return indexes - the long view](https://blog.syzgroup.com/hubfs/1702882302566.jpg) 18 Dec 2023 - - - #### Markets are full risk-on since November 9th The Nasdaq 100 and the S&P 500 have underperformed the equal weighted indices. They got beat up pretty badly by the Russell 2000 and have been left in the dust by Regional Banks and $ARKK (Ark Invest Innovation ETF). Source: Peter Tchir of Academy Securities [#markets|](https://blog.syzgroup.com/syz-the-moment/tag/markets) [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![Markets are full risk-on since November 9th](https://blog.syzgroup.com/hubfs/1702847113142.jpg) ![Markets are full risk-on since November 9th](https://blog.syzgroup.com/hubfs/1702847113142.jpg) 18 Dec 2023 - - - #### There is significant dry powder on the side line... In 2023, we saw very limited US equity inflows vs. $1.4 trillion in money market inflows. If the gap starts to close for real now and gains momentum in 2024 it is needless to say a very good support for equities. Source: Goldman [#Fixed Income|](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![There is significant dry powder on the side line...](https://blog.syzgroup.com/hubfs/1702843696746.jpg) ![There is significant dry powder on the side line...](https://blog.syzgroup.com/hubfs/1702843696746.jpg) ❮❮ [❮](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/290) [289](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/289) [290](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/290) [291](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/291) [292](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/292) [293](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/293) [❯](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/292) [❯❯](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/312?hsLang=en) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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