China and US elections reiterate the durability of the onshoring theme.
Source: Goldman Sachs
Will we soon see some relief on US wage inflation?
The US just experienced the largest population increase in a year ever. Mostly driven by the surge in immigration. Source: Tavi Costa
We're currently witnessing the longest period of U.S. equity outperformance in history.
But there's a cycle to everything, and international diversification is perhaps more important today than ever before. Source: Peter Mallouk
US Inflation – Where It Is And Isn’t
Source : Yahoo Finance
What is the exposure of German banks to us commercial real estate?
According to Moody's, Aareal Bank & Deutsche Pfandbriefbank have the largest exposure compared w/their capital levels. The shares of Deutsche Pfandbriefbank, which is the most shorted in Germany, have recently lost a quarter of their value. In case of Deutsche Bank, there is a gap between banks' exposure to US specialized lending and exposure to banks' US CRE book as DB engages to a material extent in other asset-based or project lending that would also qualify as specialised lending, according to Moody's. Source: Dekabank, HolgerZ
The US equity market is rivalling 2000 and 1929 in terms of being its most concentrated in history, DB has calculated.
The top 5 stocks Microsoft, Apple, Nvidia, Alphabet & Amazon account for 25% of mkt cap of the S&P 500. source : holgerz
India is one of the few markets that is outperforming the US rather handily
Source: Bloomberg
Jamie Dimon believes U.S. debt is the ‘most predictable crisis’ in history
And experts say it could cost Americans their homes, spending power and national security - Fortune Source: Markets & Mayhem
