Daily Archives: July 19, 2020

Dutch welcome new ideas on EU recovery fund but deal far off. Under new proposals, portion of grants in €750bn recovery fund would be reduced to €450bn from €500bn. Fund could incl 'emergency brake' on disbursement, to appease states who want conditions https://t.co/PDAhJXphnc pic.twitter.com/7Zk8EUKxZP

— Holger Zschaepitz (@Schuldensuehner) July 18, 2020

#Equities struggle in the run up to #elections pic.twitter.com/fT0boBX2Xz

— jeroen blokland (@jsblokland) July 18, 2020

Equities have staged one of the biggest rallies in history, but ‘nobody’ profited from it… pic.twitter.com/qgSx2cHu0Q

— jeroen blokland (@jsblokland) July 18, 2020

Goldman: States Containing 80% Of The US Population Have Paused Or Taken targeted Steps To Reverse Reopening https://t.co/fFBq7AaolV

— zerohedge (@zerohedge) July 19, 2020

As said, it's not a V, but a NIKE swoosh! At worst, a funny-lookin' dubya. pic.twitter.com/QEfYEozlwU

— Sam (@Samir_Madani) July 17, 2020

Americas

U.S. deaths from the novel #coronavirus neared 140,000 on Saturday as cases continued to rise in 43 out of 50 states over the past two weeks, according to a Reuters tally. https://t.co/TKifp6vMhy

— Christophe Barraud (@C_Barraud) July 19, 2020

#Fed May Adopt Yield-Curve Caps, Ex-Chairs Bernanke, Yellen Say – Bloomberghttps://t.co/07lg90vK9l

— Christophe Barraud (@C_Barraud) July 19, 2020

Asia

#HongKong tightens coronavirus restrictions as cases hit record – Reutershttps://t.co/VCAb7AboNL

— Christophe Barraud (@C_Barraud) July 19, 2020

#China | #Xinjiang Capital Offers Free #Virus Tests Amid Outbreak Fears – Bloomberghttps://t.co/qMEm4rGAtW

— Christophe Barraud (@C_Barraud) July 19, 2020

#China Integrates Trading of $14 Trillion Local Bond Markets – Bloomberghttps://t.co/H9MgFlSpzI

— Christophe Barraud (@C_Barraud) July 19, 2020

#China says it will respond resolutely if #UK sanctions officials – Reutershttps://t.co/ZtJ9FPpkUP

— Christophe Barraud (@C_Barraud) July 19, 2020

Europe

Merkel and Macron Walk Out on Rutte in Dispute Over EU Stimulus – Bloomberghttps://t.co/YbXivajVii

— Christophe Barraud (@C_Barraud) July 19, 2020

Pressure from Trump led to #5G ban, Britain tells #Huawei – The Guardianhttps://t.co/ac1s2pGg69

— Christophe Barraud (@C_Barraud) July 19, 2020

#SPX | CNBC’s Jim Cramer uses this chart to predict the exact date the stock market could hit the skids – MarketWatch
*Link: https://t.co/uDhnFhsgH5 pic.twitter.com/knIPa3FTg1

— Christophe Barraud (@C_Barraud) July 19, 2020

Stay safe out there, folks.

Remember the Tech Bubble?

If we include Facebook, Amazon, Netflix & Google, the tech sector now weights a record of 37% of the S&P 500!

Meanwhile:

Aggregate sales for the sector make up only 10% of the index.

Precisely the same % it was in 3/2000. pic.twitter.com/lJfklfp2NF

— Otavio (Tavi) Costa (@TaviCosta) July 18, 2020

2. Put. Call. Ratio.

h/t @ThinkTankCharts $SPX $SPY pic.twitter.com/YU5Uz1M9fy

— Callum Thomas (@Callum_Thomas) July 18, 2020

Liquidity pic.twitter.com/9k49rY4Q0m

— zerohedge (@zerohedge) July 18, 2020

9. Older folk dominating the market…

Those aged 55+ owned 75% of US equities in 2020

That figure was 52% in 1990

Meanwhile the under-40's held just 4%

h/t @GunjanJS $SPX $SPY pic.twitter.com/AzpiAj7ObN

— Callum Thomas (@Callum_Thomas) July 18, 2020