24 Nov 2023
US budget deficits in the years to come
Source: Win Smart, CBO , Bloomberg
24 Nov 2023
Below the average 3-month ATM implied volatility (max/min range since 2008)
Source: TME, GS
24 Nov 2023
The stock market isn't the economy...The Chinese version...
Source: GS, TME
24 Nov 2023
Something to keep in mind for 2024?
Source: Michel A.Arouet
24 Nov 2023
This level was last seen during the Financial Crisis
9% of bonds are due to mature within the next 2 years. High interest rates will make it harder to refinance. Source: Game of Trades
24 Nov 2023
French and German economies are slumping
Source: Bloomberg
24 Nov 2023
Turkey’s central bank hiked its key interest rate to 40% on Thursday
The lira was trading at 28.766 to the dollar following the news, slightly stronger against the greenback. The rate increase was double economists’ expectations, who had forecast a 250-basis-point hike. The move was seen as a continuation of the bank’s attempt to combat high inflation and a falling lira. Inflation in the country came in at a whopping 61% in October Source: Bloomberg, CNBC
23 Nov 2023
The "bad (macro) news is good (market) news" in one chart
Source: Michel A.Arouet, Bloomberg
