That old chestnut... No love for tech so far today and China stocks are getting hammered... Chinext down over 4%, Shenzen Component down 3%, Hang Seng Tech Index UGLY, now down 6%... NQ down just over 1%..
Stimulus passes senate, upgrades to U.S. growth forecasts, ECB, SLR
Jerome Powell is the worst Federal Reserve chairman ever, isn't doing his job and should generally be ashamed of himself. Or so Twitter tells me...
All eyes on Powell today, things are getting interesting in the treasury market... OK boomer, since when do things get interesting in bonds?
At around 12:30 today, the Chancellor will take centre stage. He's walking a Goldilocks tightrope, and some (all?) measures have already been released via the media.
Mild risk off feel to markets this morning... In Asia, comments from China's banking and insurance regulator chief seem to have weighed on already fragile sentiment - more on those in a sec... The Hang Seng has been
💪 Unionisation: will unions push up wages? 👴👶 Demographics is all that matters 🍣 Buffett’s letter. What’s he doing?
Last week was pretty wild as volatility spiked into month end, and there is plenty to look forward to this week too. Risk is back on so far with a positive session in Asia continuing in London...
