Last week, the #HongKong HSI index was up 5.5% despite only having 3 trading days due to the Chinese New Year holidays. #China index futures were also up ~3% in the same timeframe. Trading is about to resume in mainland #China along with all the country’s business activity after the…
Category:Stocks
THE (FAKE) NARRATIVE THAT FUELED THE BREAKNECK #STOCKS RALLY SINCE LAST OCTOBER JUST CRUMBLED – WHAT HAPPENS NOW?
To anyone who lives in the real world, it has always been clear that #inflation wasn’t truly cooling down as the official (politically adjusted) CPI data pretended to portray (TwitterX). If you want to have a live snapshot of the distorted reality “economists” see from the high rise ivory towers…
WHY #CHINA MARGIN LENDING NIGHTMARE IS A BIG WARNING TO #US AND #EUROPE #STOCKS
As you know, I am currently in mainland #China, so please forgive me if I am going to be extra careful about anything I write until next week. Yesterday, #China #stocks suddenly started to free fall in what could have turned into a 1987 style crash if it wasn’t for…
EVERGRANDE – GAME OVER (AND THEN CHAOS) OR NOT TOMORROW?
Will the #Evergrande never-ending story finally come to an end tomorrow, or will the #HongKong Judge, Justice Linda Chan, adjourn the hearing for the 8th time in the hope that a miracle suddenly strikes #Evergrande from the skies and fixes the whole mess? If the hearing is adjourned again, not…
HOW MANY ARCHER-DANIEL-MIDLAND ARE HIDING IN PLAIN SIGHT?
While everyone was busy celebrating new all-time highs, $ADM, the 35th largest company in the US [According to the last Fortune 500] and about to celebrate the 100th anniversary since their shares started trading on the New York Stock Exchange (they listed on December 24th, 1924!), crashed 24% in a…
NOT EVERY “ALL TIME HIGH” IS THE SAME – YES, THIS TIME IS DIFFERENT
he S&P500 closed at new all-time highs last Friday. Yet, have you noticed way fewer people are celebrating this time around? Yes, because indeed this time is different. In all fairness, Bloomberg tried to kick off the party but published one of the articles that has good chances to make…
TRUIST BANK Q4-23 (INSOLVENCY) SCHIZOPHRENIA?
When was the last time you remember a bank losing $5bn in a quarter, after making $1-1.5bn on average in all recent ones, and jumping almost 5% in price as soon as its #stocks start trading? That’s what happened with $TFC yesterday and in case you haven’t figured it out…
TRADERS AND (ZOMBIE) COMPANIES NOW PRAYING #INFLATION IS NOT COMING BACK
The text discusses concerns about a potential resurgence of inflation, challenging the notion that central banks have successfully tamed it. Recent UK inflation data for December suggests a possible upward trend, prompting questions about the Federal Reserve’s rate-cutting plans. Bond traders are adjusting their bets, and the author predicts a likely rise in interest rates unless a significant event disrupts the current pattern. The impending maturity of substantial debt in 2024 adds pressure on yields. Regarding stocks, the author questions the bullish outlook, considering the impact of rising rates and the potential for another crisis. The conclusion advises caution and suggests buying insurance amid market uncertainties.
Is ARM The Canary In The $NVDA Coal Mine?
Newspapers have been cheering up the “deal” this week where Softbank managed Vision Fund successfully sold ARM 25% it owned to… Softbank. In September 2020, $NVDA agreed to buy the whole ARM from Softbank at a $40bn valuation paying in cash and shares (NVIDIA), but it preferred to lose $1.25bn…