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๐ณ๐ด World's largest sovereign wealth fund plans "deep cuts" to its US Treasury holdings.
@Fin_Watch
@Fin_Watch
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๐จ๐จ $420 Billion wiped out from the US stock market as the Fed rate hike odds jumped above 60%.
@Fin_Watch
@Fin_Watch
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๐ Global central banks purchased +23 tonnes of gold in July, marking their 4th consecutive monthly purchase.
This follows +51 tonnes in June, their 2nd-largest monthly purchase since November 2024.
@Fin_Watch
This follows +51 tonnes in June, their 2nd-largest monthly purchase since November 2024.
@Fin_Watch
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๐จ๐จ After falling -80% from its record high, Nike, $NKE, will be removed from the S&P 100 at the end of this month, ending a near 18-year run in the index.
The stock has now erased -$230 billion in market cap since its all time high.
@Fin_Watch
The stock has now erased -$230 billion in market cap since its all time high.
@Fin_Watch
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๐ Key Events This Week:
- US Markets Closed, Labor Day - Monday
- US 10Y Note Auction - Wednesday
- August PPI Inflation data - Thursday
- August Existing Home Sales data - Thursday
- August CPI Inflation data - Friday
- September MI Inflation Expectations data - Friday
- September MI Consumer Sentiment data - Friday
@Fin_Watch
- US Markets Closed, Labor Day - Monday
- US 10Y Note Auction - Wednesday
- August PPI Inflation data - Thursday
- August Existing Home Sales data - Thursday
- August CPI Inflation data - Friday
- September MI Inflation Expectations data - Friday
- September MI Consumer Sentiment data - Friday
@Fin_Watch
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๐๏ธ๐บ๐ธ 401(k) accounts with $1M+ balances hit record 769,000, up 19% in Q2, driven by 15% S&P 500 gain.
@Fin_Watch
@Fin_Watch
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๐ Elon Musk says you will be able to plug PlayStation or Xbox consoles directly into your Tesla.
@Fin_Watch
@Fin_Watch
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๐ค Goldman Sachs sees 80% upside for South Korean stocks on AI memory boom, maintains 12,000 Kospi target.
@Fin_Watch
@Fin_Watch
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