FlowBank

1239 days ago

Corporate travel budgets forecast to rise in 2021 but still half 2019 levels

Source Morgan Stanley. 2021 Corporate Travel Budgets expected to be 53% Below 2019 Level.

#Stocks #Macro
Corporate travel budgets forecast to rise in 2021 but still half 2019 levels

1239 days ago

How important is Mac to Apple?

Source: Statista 

#Stocks
Mac does not play a leading role for Apple anymore

1239 days ago

The Healthcare sector is trading at a record valuation discount, similar to previous policy milestones

Source: Goldman Sachs 

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Healthcare sector P/E premium/discount to S&P 500

1239 days ago

Chart of the day: Pfizer news sparked tremendous surge in Nasdaq trading volumes

Nasdaq stock volumes on Monday surpassed the March crash lows and approached the records hit in June when an all-out tech euphoria was unleashed among both retail and institutional investors - source: www.zerohedge.com, Bloomberg 

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Nasdaq Volume

1240 days ago

Billionaire Hedge Fund Manager Bill Ackman has put another massive credit short of $20bn to hedge its portfolio against the next crash

Having made many headlines earlier in the year with his rightly apocalyptic perspective on the pandemic, billionaire hedge fund manager Bill Ackman pocketed a tidy $2.6 billion in profits on a massive (credit) hedge he placed amid stock market complacency ahead of its March collapse. The founder of hedge fund Pershing Square Holdings is at it again, telling The FT that he has put on another massive credit hedge against his long stock book where he sees complacency. Pershing is up 44% year-to-date, so who can blame him for protecting some of that gain, but what appears to have catalyzed the action is a combination of the vaccine news (which he sees as bearish), the complacency of stocks (seemingly ignoring all possible risks), and the cheapness of the hedge - source: www.zerohedge.com .

#Stocks
Bill Ackman Shorts Over $20BN In Credit To Hedge Next Crash
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