Speculators Reverse Big #Nasdaq Short – Bloomberg
*Link: https://t.co/hC0oV5uk3c
*More interesting charts ⚠ https://t.co/UDEomEbB2r ⚠ pic.twitter.com/HASGXHQc5g— Christophe Barraud (@C_Barraud) October 19, 2020
Yes, it’s early in earnings season and the sample size is small and most people shouldn’t be thinking this short term anyways. That said, companies beating estimates are beating by a big margin. And the ones missing are getting punished by more than usual. https://t.co/UjChh1Kfrj pic.twitter.com/kGQgRUKjjZ
— Sam Ro (@SamRo) October 19, 2020
#China | Latest data confirmed that authories kept supporting economic activity through public spending:
*September Public FAI YTD YoY: +4.0% (highest since Dec. 2019) v +3.2% prior
*September Private FAI YTD YoY: -1.5% v -2.8% prior pic.twitter.com/VLLpQGzoPl— Christophe Barraud (@C_Barraud) October 19, 2020
Market focus at IMF-WB meetings
1. China must do more to boost global demand
2. In the US, time to talk taxes and not just debt
3. Dismay at ECB communications given deflation risk
4. Biden administration focus on Euro zone c/a surplus
5. What is "comparability" in EM debt talks? pic.twitter.com/zO53vD6hZ7— Robin Brooks (@RobinBrooksIIF) October 19, 2020
Global box office revenue pic.twitter.com/vS8bxm7SQb
— zerohedge (@zerohedge) October 19, 2020