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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) - [europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) - [gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) - [Commodities](https://blog.syzgroup.com/syz-the-moment/tag/commodities) - [investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) - [Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology) - [Crypto](https://blog.syzgroup.com/syz-the-moment/tag/crypto) - [technical analysis](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis) - [nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) - [oil](https://blog.syzgroup.com/syz-the-moment/tag/oil) - [china](https://blog.syzgroup.com/syz-the-moment/tag/china) - [ETF](https://blog.syzgroup.com/syz-the-moment/tag/etf) - [earnings](https://blog.syzgroup.com/syz-the-moment/tag/earnings) - [Forex](https://blog.syzgroup.com/syz-the-moment/tag/forex) - [energy](https://blog.syzgroup.com/syz-the-moment/tag/energy) - [banking](https://blog.syzgroup.com/syz-the-moment/tag/banking) - [magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) - [Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) - [Volatility](https://blog.syzgroup.com/syz-the-moment/tag/volatility) - [Real Estate](https://blog.syzgroup.com/syz-the-moment/tag/real-estate) - [apple](https://blog.syzgroup.com/syz-the-moment/tag/apple) - [emerging-markets](https://blog.syzgroup.com/syz-the-moment/tag/emerging-markets) - [google](https://blog.syzgroup.com/syz-the-moment/tag/google) - [Middle East](https://blog.syzgroup.com/syz-the-moment/tag/middle-east) - [switzerland](https://blog.syzgroup.com/syz-the-moment/tag/switzerland) - [tesla](https://blog.syzgroup.com/syz-the-moment/tag/tesla) - [United Kingdom](https://blog.syzgroup.com/syz-the-moment/tag/united-kingdom) - [amazon](https://blog.syzgroup.com/syz-the-moment/tag/amazon) - [microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) - [assetmanagement](https://blog.syzgroup.com/syz-the-moment/tag/assetmanagement) - [ethereum](https://blog.syzgroup.com/syz-the-moment/tag/ethereum) - [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 28 Sep 2026 - - - #### "Never bet against America" - Warren Buffet Foreign Investors pumped $426 Billion into U.S. Stocks during the 2nd quarter, the largest inflow in history, shattering the previous record of $299 Billion set in 2022 Source: FT, BofA [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) ![](https://blog.syzgroup.com/hubfs/1790492881399.jpg) ![](https://blog.syzgroup.com/hubfs/1790492881399.jpg) 25 Sep 2026 - - - #### SOMETHING VERY STRANGE IS HAPPENING IN THE STOCK MARKET The S&P 500 is near an all-time high. Nearly half its stocks are moving to a different beat. Goldman Sachs says the divergence resembles the market dynamics of the tech bubble. The top 10 stocks now account for roughly 40% of the index. Many are riding the AI boom. At that size, they can lift the S&P 500 even as a broad swath of stocks struggles. For other companies, the backdrop is tougher: higher bond yields, oil above $100, a stronger dollar and rising borrowing costs. Businesses exposed to interest rates, energy prices and the wider economy feel those pressures most. The index is telling you where the biggest stocks are going. It is telling you much less about the experience of the average stock. Source: Bull Theory, GS [#markets|](https://blog.syzgroup.com/syz-the-moment/tag/markets) [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![SOMETHING VERY STRANGE IS HAPPENING IN THE STOCK MARKET](https://blog.syzgroup.com/hubfs/1790339095655.jpg) ![SOMETHING VERY STRANGE IS HAPPENING IN THE STOCK MARKET](https://blog.syzgroup.com/hubfs/1790339095655.jpg) 25 Sep 2026 - - - #### What is the impact of rising bond yields on stock returns? GS -\> It's the speed, not the level The important part is not the level of yields but how fast they are rising. A number of Goldman desks cited the same rule of thumb: equities begin to react when the 10-year makes a two-standard-deviation move, which works out to about 50bp over one month or 30bp over two weeks. The Goldman traders added that: "The 10yr is now up ~25bps in 2 weeks, and 35bps in the past month, so we are not far off." Source: GS, zerohedge [#Fixed Income|](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![What is the impact of rising bond yields on stock returns?](https://blog.syzgroup.com/hubfs/1790280011644.jpg) ![What is the impact of rising bond yields on stock returns?](https://blog.syzgroup.com/hubfs/1790280011644.jpg) 24 Sep 2026 - - - #### The stock market loves Nvidia. The credit market is asking a harder question: who pays for the AI buildout? The credit market is asking a harder question: who pays for the AI buildout? The cost of insuring Nvidia’s debt against default has roughly doubled this year. SpaceX credit default swaps have approached 180 basis points. Both companies sold $25 billion of bonds in June, while hyperscalers are on track to spend more than $750 billion on data centers in 2026. Equity investors see growth, revenue and momentum. Credit investors are looking at the debt needed to fund it—and the returns required to repay it. Rising insurance costs do not mean a default is coming. But they do show that lenders are reassessing the risk. The stock price tells you how excited investors are about AI. Credit spreads tell you what financing that excitement costs. Watch both. $NVDA Source: Kurt S. Altrichter, CRPS [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) ![The stock market loves Nvidia. The credit market is asking a harder question: who pays for the AI buildout?](https://blog.syzgroup.com/hubfs/1790258946005.jpg) ![The stock market loves Nvidia. The credit market is asking a harder question: who pays for the AI buildout?](https://blog.syzgroup.com/hubfs/1790258946005.jpg) 24 Sep 2026 - - - #### When do equities start to care about rising bond yields??? The US 10-year yield has breached 5.1%, with a 16bp daily rise, the second-largest one-day move in two years. For equities, GS argues the rate of change matters more than the level. The moves that tend to get stocks’ attention are roughly 50bp over a month or 30bp over two weeks. We are close, but not there yet: the 10-year is up about 35bp over the past month and 25bp over two weeks. Still, as GS’s Ben Snider has highlighted, with the S&P trading around 19x forward earnings, higher yields are already working against valuations in the background. Source: GS, TME [#Fixed Income|](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![When do equities start to care about rising bond yields???](https://blog.syzgroup.com/hubfs/1790227106448.jpg) ![When do equities start to care about rising bond yields???](https://blog.syzgroup.com/hubfs/1790227106448.jpg) 24 Sep 2026 - - - #### MICHAEL BURRY IS DOUBLING DOWN ON HIS AI SHORTS "Big Short" investor Michael Burry disclosed in his latest Substack post that he is adding to several of his biggest bearish bets. Burry increased his short positions "in some size" in: 1. Micron 2. Nebius 3. SOXX 4. Palantir Burry also pointed to comments from Acer CEO Jason Chen, who said memory chip inventories are building while Chinese suppliers are flooding the market with more supply. Burry wrote,"Nevertheless, it aligns with what I believe to be true." Burry also disclosed additional purchases of: 1. QXO 2. Build-A-Bear Workshop 3. Sprouts Farmers Market 4. Birkenstock 5. MercadoLibre Source: Bull Theory [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) ![MICHAEL BURRY IS DOUBLING DOWN ON HIS AI SHORTS](https://blog.syzgroup.com/hubfs/1790196371378.jpg) ![MICHAEL BURRY IS DOUBLING DOWN ON HIS AI SHORTS](https://blog.syzgroup.com/hubfs/1790196371378.jpg) 23 Sep 2026 - - - #### Here are the S&P 500’s best-performing stocks of 2026 Source: Brew Markets [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) ![Here are the S&P 500’s best-performing stocks of 2026](https://blog.syzgroup.com/hubfs/1790110085772.jpg) ![Here are the S&P 500’s best-performing stocks of 2026](https://blog.syzgroup.com/hubfs/1790110085772.jpg) 22 Sep 2026 - - - #### Three IPOs are worth more than… all IPOs in the last 45 years of tech Source: @jason [#Technology|](https://blog.syzgroup.com/syz-the-moment/tag/technology) [#equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) ![Three IPOs are worth more than… all IPOs in the last 45 years of tech](https://blog.syzgroup.com/hubfs/1790054619862.jpg) ![Three IPOs are worth more than… all IPOs in the last 45 years of tech](https://blog.syzgroup.com/hubfs/1790054619862.jpg) ❮❮ [❮](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/6) [5](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/5) [6](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/6) [7](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/7) [8](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/8) [9](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/9) [❯](https://blog.syzgroup.com/syz-the-moment/tag/equities/page/8) [❯❯](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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