Fed Funds are down 75bps over last 3months, 100bps as of tonight (priced in), while 10y UST yields went from around 3.75 to 4.5%, currently 4.39% and 30's similar from 4.05% to 4.55% >>> expectations/pricing are for a cut tonight and another 2x 25bps in 2025, most likely towards H2
Few signs of a broader 'risk' correction coming ? : Dow Jones down 9day in a row, #NVDA gave up decent ground lately, he S&P 500 has now seen more decliners than advancers for 12 consecutive days, the longest such streak in history 10y China bonds yielding 1.75% and 30y below 2%, BofA : #Stocks flash sell signal after Cash Holdings Tumble, USDBRL, USDINR, USDKRW all time highs
BofA ’s Dec Global Fund Manager Survey shows fund managers’ average cash level of 3.9%, was 4% cash level immediately after the US election outcome in early Nov. Allocation to Eq incr. further, to 49% overweight vs. 34% overweight in Nov
China urges 'right choice' after Trump says he and Xi can fix world
Well worth an hour of your time during the next few days/week, one of the best documentary on the FED
Animal Spirit Amoc Steen's last one for 2024, what could possibly go wrong ? anything ?
Charlie Bilello on X: "Returns since election... Fartcoin: +1,500% Dogecoin: +131% Tesla: +91% MicroStrategy: +70% Coinbase: +61% Bitcoin: +52% Trump Media: +12% Banks: +6.4% S&P 500: +4.8% US Dollar: +4.0% Small Caps: +3.1% --- US Bonds: 0% Oil: -1.9% International Stocks: -2.3% Gold: -3.7% Energy: https://t.co/m2rlGJgNiM" / X
Can't believe I missed that move in #Fartcoin
Comentários