962 days ago
Buy recommendations are all over the markets, whether that be in the US or in Europe. Such levels had not been seen since 2002 in the US and 2011 in Europe. Is the market doing so well or are analysts getting ahead of themselves? Source: Bloomberg
962 days ago
About 56% of all recommendations of the S&P 500 are buys, which is the most since 2002. This is only one data point to show the massive euphoria that has taken hold of markets since the recovery. While analysts are historically a bullish bunch, they’re turning even more optimistic in the face of relentless stock-market gains and corporate earnings that topped even the highest expectations. Source: Bloomberg
962 days ago
The recent drop in the stock of video streaming company Kuaishou Technology has alerted investors to the risk of Hong Kong's newly-listed stock's lockups expiring. According to Bloomberg calculations based on stock exchange fillings, more than $6 billion in cornerstone investment lockups are set to expire in the next five months for this year's IPOs. Source: Bloomberg
962 days ago
We've never had it so good regarding equities. Global equities are now worth $118.3 trillion, highest value ever in history, which equals to around 140% of the world GDP. Source: Bloomberg
962 days ago
In July 2021, China's retail commerce increased by 8.5% year on year, down from 12.1% the previous month and falling short of market estimates of 11.5%. As consumption moderated amid the recent Covid-19 outbreaks in some provinces, this was the smallest increase in retail sales since December 2020. Source: Trading Economics
