Yikes. Exclude the big 5 (Microsoft, Apple, Alphabet, Amazon and Google) and U.S. earnings were down 7.5% in the 4th quarter. H/t @AndrewLapthorne of SocGen
Here's the link to @RayDalio 's post on @LinkedIn : "The World Has Gone Mad and the System Is Broken." It is (rightly) attracting a lot of attention.
https://t.co/eZIaWLKWjF
#economy#markets
The IMF examined funds representing 60% of $10.6 trillion in debt assets globally to see if they’d be able to meet the most severe outflows they’d had since 2000. It found that almost 17% of all debt fund assets would face a “liquidity shortfall.”
https://t.co/fW4zX5Kanz
#FederalReserve assets approach $4T again, up from $3.76T at the start of September. Did I miss an announcement of QE4? Oh, no, it is just Fed adding liquidity in response to #repo crisis; aka Quantitative Easing By Stealth 😜
"Quantum supremacy" arrives as a Google machine cracks a problem impossible for standard computers. Real deal seminal moment. h/t News Items from @41jellis, story @FT https://t.co/6RyPvi6voa
@tmwinsett@PeteDominick @StandUpWithPete @TheStalwart He has a high tolerance for weirdness! Meantime, his podcast partner put out an awesome episode on the topic: https://t.co/tra962reUS
called my parents yesterday extremely concerned about the hurricane & asked them to take the cats & go up north for the weekend. they assured me they were fine and that no matter what they’d take care of my cats. I got this txt today(yes that’s hose water and no im not amused😂)
A key question hanging over the market today: how much of the global slowdown is due to trade tensions, versus cracks in an aging economic cycle that were there even before the recent escalation in the U.S.-China spat? https://t.co/iV6kG2DYfS
The pool of negative yielding debt has risen to a new post-2017 high of $9.2 trillion. Mind boggling at a time when the global economy is supposedly still recovering. This is the market value of Bloomberg Barclays Global Aggregate Negative Yielding Debt index.
JPMorgan is creating its own cryptocurrency @CNN https://t.co/mArXayDkgJ. But the big one will be Facebook's. My explainer here: https://t.co/meOHqFO8n1