Gunjan Banerji

Writing about money and investing at @WSJ, Contributor @CNBC. Dancer. New Yorker. Reach me at [email protected]

On instagram @ gunjansb. Views are my own.

[Gunjan Banerji @GunjanJS]

Thrilled that WSJ's first Netflix documentary, EAT THE RICH, has been nominated for an Emmy award in the business and documentary category

Such a fun project to work on with the @WSJ team @charlesforelle @JAVerlaine @EmmaMoodyWSJ @BennyBip , Dan Rosen🚀🚀🚀

[Gunjan Banerji @GunjanJS]

One of the coolest parts of 2022 was seeing @WSJ reporting on GME come to life in the @netflix doc EAT THE RICH

Big thank you to everyone who watched and shared their feedback🙏

[WSJ Markets @WSJmarkets]

The Intelligent Investor: Regulators may soon decide whether an unlevel playing field should be tilted even more steeply against the little guy, writes @jasonzweigwsj https://t.co/78ICzg5kix

[Gunjan Banerji @GunjanJS]

Share of BBB- bonds trading with prices below $90 has sharply jumped

[Gunjan Banerji @GunjanJS]

Nasdaq Composite down 2.6%. Worst day since June and second worst of the entire year

[Gunjan Banerji @GunjanJS]

Biggest one-day jump in TLT in almost two years, up 1.7%

[Sam Ro 📈 @SamRo]

Chart of the year

[Gunjan Banerji @GunjanJS]

Stocks are basically flat over the past week, after the bi AI trade scare

[WSJ Markets @WSJmarkets]

NYSE Just Extended Options Trading Hours. It’s Only the Beginning. https://t.co/GmeiCX7LIh

[Gunjan Banerji @GunjanJS]

CoreWeave puts

[Jason Zweig @jasonzweigwsj]

39 years ago today:

The Crash of 1987

https://t.co/lrSqkMcZ8v
https://t.co/o8ifPXXKWd

[Michael J. Kramer @MichaelMOTTCM]

Credit Default Swaps for Oracle, Broadcom, and Nvidia continue to widen out, with Oracle at a 23% default probability, Nvidia at about 8%, and Broadcom at 12%. Which is pretty amazing, given these are among the largest companies in the world.

[Gunjan Banerji @GunjanJS]

"Even as the recent AI selloff paused for stocks, it accelerated for credit. Monday was a classic risk-on day with stocks higher.....Yet liquid IG bonds closed +2bps wider, hyperscalers +4bps wider, and 10yr ORCL +13bps wider on the day" --BofA

[Gregory Zuckerman @GZuckerman]

AI skeptics say their time has finally arrived.
“The AI trade will roll over—and roll over hard."
New from @GunjanJS and me.

https://t.co/FYXe6a285h

[Gunjan Banerji @GunjanJS]

We ran the numbers and found why certain stock pickers are having a terrible year.

Active managers in Morningstar's large-blend category started the year **underweight** AI stocks compared with the S&P 500 by more than 8 percentage points, with a 28.4% holding compared with the index’s 36.5%

Being an AI skeptic has burned many of them
@GZuckerman @WSJmarkets

https://t.co/iOhIzzfQev

[Sam Ro 📈 @SamRo]

"On the wealth wealth transfer, people often get wrong where the money's going to go. The money's going to go from a 95-year-old to a 65-year-old. It's not going to the 24-year-old." - Schwab's Rick Wurster to @bsurveillance @tomkeene

[Gunjan Banerji @GunjanJS]

GMO: "For the first time in twenty years, with the brief exception of the GFC, we are seeing net dilution in the U.S. stock market (i.e., share issuance exceeding share buybacks) as the hyperscalers continue their capital expenditure spree"

[Gunjan Banerji @GunjanJS]

TLT up almost 2%, biggest one-day increase since **Nov 2024**

[Gunjan Banerji @GunjanJS]

The Dow is up

[Gunjan Banerji @GunjanJS]

Household debt as a share of GDP is hovering around some of the lowest levels of the past three decades--GS

[Gunjan Banerji @GunjanJS]

"In September, 1.5 million Americans were trying to sell their homes, based on the number of active listings. Only 929,000 people were buying, according to Redfin estimates. The surplus of sellers, nearly 600,000, is the largest in Redfin’s records going back to 2013"

@WSJheard