CTAs are short -$34B of US equities and long $52B of European equities.
This is the largest spread we have EVER seen. $SPY $QQQ $IWM $FEZ Source: David Marlin Marlin Capital Solutions
Fund Managers just rotated OUT OF U.S. Stocks at the fastest pace in history
source :BofA
How often do market corrections lead to a recession in the US?
There have been 60 S&P 500 corrections including the most recent one, according to Deutsche Bank analysis. Historically, in 12% of corrections, a recession had already begun in the previous 12 months. 32% of the time a recession took place within the next 12 months. In 56% of corrections, the US avoided an economic downturn within the next 12 months. In other words, market corrections are only accompanied by a recession ~44% of the time. Can we avoid a recession this time? Source: The Kobeissi Letter
Seasonal trends are about to get more interesting!
source : tme
The us stock market was celebrating St. Patrick’s day today. First green close for S&P on a Monday in 4 weeks...
Source: Evan @StockMKTNewz, Yahoo Finance
Investors expect European countries to purchase more military equipment from Asia after Donald Trump threatened to withdraw the US’s security umbrella.
Link >>> on.ft.com/4iC5Fby Source: FT, Bloomberg
Mag 7 now trading at its cheapest valuation since 2023
source : bloomberg, barchart
Berkshire Hathaway increased its holdings in 5 Japanese trading houses, filings to Japan’s Finance Ministry show.
Mitsui & Co. stake rises to 9.82% from 8.09% Mitsubishi Corp. rises to 9.67% from 8.31% Sumitomo Corp. rises to 9.29% from 8.23% Itochu rises to 8.53% from 7.47% Marubeni rises to 9.30% from 8.30% source : bloomberg
