Total Returns over last 3 years...
MSCI India ETF $INDA: +33% MSCI China ETF $MCHI: -41% Source: Charlie Bilello
Have you ever played Microsoft's games?
Microsoft is the world's largest gaming company, with an astonishing market capitalization of $2,441 billion. Some of Microsoft's popular games include Call of Duty and World of Warcraft. Genuine Impact
In case you missed it:
Fed Balance sheet has dropped <$8tn for 1st time since Summer 2021 on QT. Fed's total assets are now equal to 29.4% of US's GDP vs ECB's 50.9%, SNB's 111.5%, or BoJ's 125.7%. Source: Bloomberg, HolgerZ
The equal-weighted S&P just went red YTD...
Source: Bloomberg, www.zerohedge.com
This chart explains by itself why the market mood has been deteriorating over the last few weeks:
Growth forecasts moving down / world inflation going up. What else? Source: www.zerohedge.com, Bloomberg
Here’s a look at how Arm $ARM, Instacart $CART, and Klaviyo $KVYO traded from their IPO pricing over the last week
Big opens then lots of selling. Source: Bespoke
Norway sovereign fund’s assets have ballooned to over $1.4 trillion
That puts Norway's sovereign fund at a similar size to that of China's — yes, the same China that has more than 260x as many people as Norway has. Source: Chartr
The Fed's balance sheet hit its lowest level since June 2021 this week, down $941 billion from the peak in April 2022
Changes in the Fed's balance sheet since 2002... Source: Charlie Bilello
