Top 5 Charts of the Day – November 29th 2020
2. Seasonality snapshot: historically 70% of Decembers were positive [but note with benefit the worst drawdown column and the standard deviation around the average return]https://t.co/aEE1vArNk5 $SPX $SPY pic.twitter.com/tiWQu6x3FU
— Callum Thomas (@Callum_Thomas) November 28, 2020
$ 32trn in stock, 74% of the US stock market is owned by people over the age of 55. @Quillintel via @SoberLook https://t.co/tLSkGLOJLw pic.twitter.com/KUlcS48MKQ
— Adam Tooze (@adam_tooze) November 28, 2020
Open-ended mutual funds invested in higher yielding but illiquid corporate bonds, whilst offering same day redemption are a big run risk! In March 2020 the panic arrived. Part I of a new series here:https://t.co/5uRTpO0dEe
Sign up for newsletter at https://t.co/YN99tuyOMn pic.twitter.com/5e0B714jzd— Adam Tooze (@adam_tooze) November 29, 2020
The 2021 Liquidity Supernova: Step Aside Fed – US Treasury Will Unleash $1.3 Trillion In Liquidity https://t.co/b6seLmImP5
— zerohedge (@zerohedge) November 29, 2020
Meanwhile in China…..
Banking assets just made fresh new highs.
Now at 330% of its GDP!
We have never seen an economy of this size being so levered.
Matter of fact…
The world has never been so levered.
It all points back to gold. pic.twitter.com/4s1kx0K5Se
— Otavio (Tavi) Costa (@TaviCosta) November 29, 2020