Hedge Funds are "MAX" long Stocks:
GS PB data shows Equity Fundamental LS Gross and Net leverage at or near the highest levels on record (since 2015).
This chart *completely* debunks the consensus narrative that "everyone" is underinvested/Short Equities.
h/t @themarketear pic.twitter.com/qdsCqLPsdF
— Macro Charts (@MacroCharts) October 14, 2020
The total value of #China’s stock market climbed to a record $10.08 trillion, according to Bloomberg-compiled data as of Tuesday. pic.twitter.com/yu0ID1k7gs
— Christophe Barraud (@C_Barraud) October 14, 2020
Chinese banks issued more than 1 trillion yuan ($148 billion) in bonds to build capital in first three quarters of this year, more than triple the amount in 2014, according to data compiled by Bloomberg. pic.twitter.com/4xwfm03sRH
— Christophe Barraud (@C_Barraud) October 14, 2020
Austerity not inevitable to ease pandemic impact on public finances, says IMF. Nations that can borrow freely can stabilise debt w/o fiscal adjustment, fund suggests. No wonder #MMT has found receptive audience. The more G20 nations owe, the less it costs! https://t.co/AU6eYL9Rhc pic.twitter.com/czHCsVSOCO
— Holger Zschaepitz (@Schuldensuehner) October 14, 2020
Central banks have broken the relationship between bond #yields and the economy! pic.twitter.com/nXQL3ZavFk
— jeroen blokland (@jsblokland) October 13, 2020