Bridgewater tells investors it is “moderately bullish” on Chinese stocks as the prolonged rout made valuations attractive, a call made days before the country’s latest stock meltdown
Source: Bloomberg
The key role played by central banks liquidity, as highlighted by Matt King
Many seem surprised by the new record highs in the S&P, given an ambiguous outlook and a backdrop of supposedly tight rates. They are a lot less surprising when you consider that central banks' balance sheet policy has been remarkably easy. Over the past 14 months, the Fed alone has added nearly $500bn, and global central banks over $1.25tn, in liquidity. Source: BofA
Netflix adds 13.1 million subscribers, tops revenue estimates as membership push gains steam
KEY POINTS -> Netflix added 13.1 million subscribers during the fourth quarter. The company now has 260.8 million paid subscribers. • Subscribers +13M Q/Q to 260M. -> The company also topped Wall Street’s revenue expectations. • Revenue +12.5% Y/Y to $8.8B ($0.1B beat). • Operating margin 17% (+10pp Y/Y). • EPS $2.11 ($0.11 miss). -> Q1 FY24 Guidance: • Revenue +13% Y/Y. • Operating margin 26%. Source: App Economy Insights, CNBC
Tesla is reporting results tonight?
Who wants to play $TSLA earnings call bingo? 😂 Source: Markets & Mayhem
Could this signal a bottom in Hong Kong stock market?
The index's P/B is now at a level that preceded the three biggest rallies (81%, 43%, 55%) over the last decade. Source: Bloomberg, David Ingles
If we do not have a recession, stocks tend to rally after the Fed cuts
If we do, however, they tend to decline They say the economy isn't the market, but in this example it could have a measurable impact on the outcome Source: Markets & Mayhem
The world's top 5 stock markets by market-cap. It has been a one-man show by the US
Note that India is moving into 4th position Source: Bloomberg, Michel A.Arouet
India’s stock market has overtaken Hong Kong’s for the 1st time in another feat for the South Asian nation whose growth prospects & policy reforms have made it an investor darling
Source: Bloomberg, HolgerZ
