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31 Oct 2023

As a remainder, Bank of Japan (8301.JP) is a tradeable stock so you can buy some if you wish

Note that the chart does not look pretty... Maybe the market doesn't give much credibility to the management? Source: www.zerohedge.com

30 Oct 2023

Eli Lilly exceptionalism... $LLY vs. rest of Pharma and S&P 500 Healthcare stocks

Source: Goldman Sachs, TME

30 Oct 2023

Getting cheaper...

Global stocks have lost another $1.5tn in mkt cap this week on still-elevated US 10y yields and on not good enough earnings results. All stocks now worth $98.2tn, less than global GDP. This means that the Buffett Indicator is once again below the critical level of 100. Source: HolgerZ, Bloomberg

30 Oct 2023

''But the stock market is doing great!'' Well: are you sure? It all depends which index you are looking at

Source: Alfonso Peccatiello - The Macro Compass

27 Oct 2023

P/E Forward for the largest US companies - Magnificent 7

$TSLA Tesla 62 $AMZN Amazon 58 $NVDA NVIDIA 40 $MSFT Microsoft 30. $AAPL Apple 28 $GOOGL Alphabet 24 $META Meta 23 Source: Vlad Bastion

27 Oct 2023

Amazon reports better-than-expected results, as revenue jumps 13%

Amazon said fourth-quarter sales will be between $160 billion and $167 billion. Analysts were expecting revenue of $166.6 billion, according to LSEG. At the mid-point of its guidance range, revenue of $163.5 billion would represent growth of 9.6% from $149.2 billion a year earlier. Revenue climbed 13% in the third quarter, a sign that the business is seeing some acceleration after a difficult 2022 that was marred by soaring inflation and rising interest rates. Amazon has been in cost-cutting mode for the past year as it became clear that it expanded too quickly during the pandemic. The company has laid off 27,000 employees since last fall, and it’s axed some of its more unprofitable bets.

27 Oct 2023

US stocks now account for 61% of the $60 Trillion MSCI All-Country World Index, the highest level in history

Source: FT, Barchart, Bloomberg

27 Oct 2023

Welcome to Zombie Land

"There are some serious problems in small-caps, especially in the US. Good luck paying interest without profits. Great chart via Soc Gen showing the distribution of stock forward P/E valuations in the MSCI Europe small cap and Russell 2000 index. Source: SG, Themarketear, Lance Roberts

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