Active managers had less than 25% exposure to equities in late October when the S&P 500 was at 4,100.
Today their equity exposure has jumped to 104% (leveraged long) with the S&P 500 above 5,100. This is their highest exposure since November 2021. Source: Charlie Bilello
A tale of 2 markets
Source: The Economist, Bloomberg
There are no longer any companies in the $3 trillion market cap club.
source : bespoke
Global Equity Funds have seen inflows $84 billion over the last 6 weeks, the highest amount in 2 years
source : deutsche bank, barchart
Long large cap-growth relative to small cap value 12-month relative performance hit extreme level
Source: BofA
🚨 February numbers are in and the Mag 7 are now the 𝗙𝗮𝗻𝘁𝗮𝘀𝘁𝗶𝗰 𝟰 year to date
Nvidia , Meta , Microsoft and Amazon driving all the gains while Apple , Google and Tesla fall out of the 7. Source: John Haslett, CA(SA), FRM
One billion obese in the world according to a large study published today by British medical journal The Lancet
The study showed an acceleration of the epidemic in low-income countries. Even more worrying, in 30 years, the obesity rate among children and adolescents has quadrupled and doubled among adults. NovoNordisk and Eli Lilly the two main pharma companies in the weight loss race
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Who will be the next stock to join the $1 Trillion market cap club? source : stockmktnewz
