SiP Posted July 29, 2023 Report Share Posted July 29, 2023 So SOX etf is having a good times but in the same time you can read bad news https://www.cnbc.com/2023/07/28/how-the-world-went-from-a-semiconductor-shortage-to-a-major-glut.html Link to comment Share on other sites More sharing options...
SiP Posted July 29, 2023 Report Share Posted July 29, 2023 And Dax German economy stagnated in the second quarter of 2023, missing forecasts for modest growth, as weak purchasing power, higher interest rates and low factory order books all weighed on the euro zone's largest economy. https://www.reuters.com/markets/europe/german-economy-stagnates-q2-2023-07-28/ Link to comment Share on other sites More sharing options...
SiP Posted July 29, 2023 Report Share Posted July 29, 2023 and some bad news from china https://ca.finance.yahoo.com/news/china-weak-consumer-property-market-010329094.html Link to comment Share on other sites More sharing options...
SiP Posted July 29, 2023 Report Share Posted July 29, 2023 Rising stock prices and falling bond yields have made it so much easier for US companies to raise funds that much of the impact of the Federal Reserve’s interest rate rises has been neutralized… The degree to which the environment has improved in recent weeks is reflected in the National Financial Conditions Index, compiled by the Chicago Fed, touching its lowest point in 16 months… ‘The reality is that financial conditions have loosened — we have [effectively] unwound roughly 450 bps of rate hikes. Financial conditions are enough to take us back to March of last year,’ said Sonal Desai, chief investment officer for Franklin Templeton Fixed Income.” Link to comment Share on other sites More sharing options...
SiP Posted July 29, 2023 Report Share Posted July 29, 2023 Great chart National Financial Conditions Index Chicago Fed Link to comment Share on other sites More sharing options...
SiP Posted July 29, 2023 Report Share Posted July 29, 2023 spx and tlt Link to comment Share on other sites More sharing options...
SiP Posted July 29, 2023 Report Share Posted July 29, 2023 Hedge Funds are shorting treasuries at historic levels and are the most short they've been since AT LEAST 2016 Link to comment Share on other sites More sharing options...
SiP Posted July 29, 2023 Report Share Posted July 29, 2023 PEG for tech Link to comment Share on other sites More sharing options...
SiP Posted July 29, 2023 Report Share Posted July 29, 2023 Doc something for you Link to comment Share on other sites More sharing options...
SiP Posted July 29, 2023 Report Share Posted July 29, 2023 It's not just US corporates whom are immune to higher interest rates. US household debt service is lower than before the pandemic despite rates rocketing higher Link to comment Share on other sites More sharing options...
SiP Posted July 29, 2023 Report Share Posted July 29, 2023 Germamy Link to comment Share on other sites More sharing options...
SiP Posted July 29, 2023 Report Share Posted July 29, 2023 Link to comment Share on other sites More sharing options...
DrStool Posted July 29, 2023 Author Report Share Posted July 29, 2023 10 hours ago, SiP said: It's not just US corporates whom are immune to higher interest rates. US household debt service is lower than before the pandemic despite rates rocketing higher Incomes are rising and most household debt service is in fixed rate mortgages. Rising rates cuts both ways. It also increases household income. Also, household debt service does not include rents. Put up the chart of rent vs. DPI. Of course, renters don't drive the economy or the stock market. Inflation is about to come roaring back. Link to comment Share on other sites More sharing options...
SiP Posted July 29, 2023 Report Share Posted July 29, 2023 kre etf is fine The banks that showed some of the biggest deposit declines during the second quarter weren’t midsize regional lenders. They were the industry’s giants. JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C) and Wells Fargo (WFC) — the four biggest banks by assets — gave up a net $262 billion in deposits when compared with the year-earlier period. From the first quarter to the second quarter, customers pulled $62 billion from three of those banks. https://ca.finance.yahoo.com/news/banks-are-still-losing-deposits-just-not-the-banks-you-might-expect-113352716.html Link to comment Share on other sites More sharing options...
fxfox Posted July 29, 2023 Report Share Posted July 29, 2023 1 hour ago, DrStool said: Inflation is about to come roaring back. That‘s gonna be the killer. Charts of basically all oilers and for example TPL (Texas Pacific Land) look promissing. Looking forward to meet you tomorrow 😎 We gonna have 23 degrees celsius and it will be mostly sunny 🤩 Link to comment Share on other sites More sharing options...
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