Foreigners are dumping Asian stocks at a record pace:
Investors from overseas have sold -$52 billion of Asian emerging-market equities excluding China so far in March, the biggest monthly withdrawal on record.
This exceeds the previous full-month record set during the 2020 pandemic by 49% and the Russia-Ukraine war June 2022 outflow by +148%.
The biggest withdrawals were posted in Taiwan, South Korea, and India, countries that are most dependent on oil imports.
This comes as Asian economies account for ~80% of crude demand flowing through the Strait of Hormuz.
Asia is taking the hardest hit from the Iran War.
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Investors from overseas have sold -$52 billion of Asian emerging-market equities excluding China so far in March, the biggest monthly withdrawal on record.
This exceeds the previous full-month record set during the 2020 pandemic by 49% and the Russia-Ukraine war June 2022 outflow by +148%.
The biggest withdrawals were posted in Taiwan, South Korea, and India, countries that are most dependent on oil imports.
This comes as Asian economies account for ~80% of crude demand flowing through the Strait of Hormuz.
Asia is taking the hardest hit from the Iran War.
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BREAKING: Donald Trump says, “I built this great military. I said you’ll never have to use it, but sometimes you’ll have to use it. And Cuba is next.”
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Media is too big
VIEW IN TELEGRAM
Chicago (March 27) — Far-left and open borders protesters try to disrupt Chicago O’Hare airport to demand that immigration enforcement be abolished
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‼ BREAKING: FBI Director Kash Patel's Gmail account was hacked
by Iranian nation-state hackers.
They have published his entire inbox, including mails on his home in India, private life, personal data, business dealings and travel history (Havana, Cuba!).
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by Iranian nation-state hackers.
They have published his entire inbox, including mails on his home in India, private life, personal data, business dealings and travel history (Havana, Cuba!).
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Media is too big
VIEW IN TELEGRAM
Bro created an ai crypto trading bot using
> Karpathy’s autorrsearch
> $200 of budget
> last 3 years trading signals
> the ability to buy its own compute
THE RESULT: didn’t perform well. pulling this off requires a massive token budget that only big hedge funds can afford. most X posts you see of people turning $100 to $1000 lack the evidence or are an advertisement to sell their bots.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
> Karpathy’s autorrsearch
> $200 of budget
> last 3 years trading signals
> the ability to buy its own compute
THE RESULT: didn’t perform well. pulling this off requires a massive token budget that only big hedge funds can afford. most X posts you see of people turning $100 to $1000 lack the evidence or are an advertisement to sell their bots.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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BREAKING: Britain forced to borrow a warship from Germany to meet NATO obligations after deploying HMS Dragon to the eastern Mediterranean. — The Telegraph
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JUST IN: Trump says US was unaware Iran had the capability to launch a missile 2,700 miles
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