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FAANGs continue to lay off employees
Source: Wall Street Journal, Wall Street Silver
China stocks trade at cheapest to Hong-Kong peers in almost a Year
Source: Bloomberg, C.Barraud
The pace of earnings downgrades has accelerated in the US
The pace of earnings downgrades has accelerated in the US, especially compared to Europe, as a Citigroup Inc. gauge of US earnings changes has had 23 consecutive negative prints, the longest losing streak since early 2020 - Bloomberg
The stock market is bifurcating
This chart shows the 11 S&P 500 sectors indexed from the pre-COVID index peak in February 2020. The spread between winners and losers is getting increasingly large. Source: Fidelity
China Developers Soar as State Help Fuels Bets on Market Bottom
Source: - Bloomberg
Tesla stocks keep falling due to Twittermess
Tesla is now worth <$600bn Source: Bloomberg
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