Special Situations 🌐 Newsletter (Jay Singh III)
“The supertanker of Western capital is starting to turn away from China,” said Matt Smith of Ruffer LLP, a $31 billion investment firm that recently shut Hong Kong office after more than a decade. "Xi’s government showed little regard for global investors last year." $KWEB $BABA
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“The supertanker of Western capital is starting to turn away from China,” said Matt Smith of Ruffer LLP, a $31 billion investment firm that recently shut Hong Kong office after more than a decade. "Xi’s government showed little regard for global investors last year." $KWEB $BABA
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Special Situations 🌐 Newsletter (Jay Singh III)
$GS Prime book cumulative short float as corporate buybacks resume post earnings https://t.co/b1QeGx83oW
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$GS Prime book cumulative short float as corporate buybacks resume post earnings https://t.co/b1QeGx83oW
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MastersInvest.com
"The greatest folly is to accept expert statements uncritically" Garrett Hardin
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"The greatest folly is to accept expert statements uncritically" Garrett Hardin
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MastersInvest.com
"The key is to understand that price targets follow stocks, rather than lead them. A higher stock price generates higher price targets and a lower stock price generates falling price targets." David Einhorn
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"The key is to understand that price targets follow stocks, rather than lead them. A higher stock price generates higher price targets and a lower stock price generates falling price targets." David Einhorn
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Rolf Degen
Both sexes reacted less positively to research findings showing a sex difference favoring males rather than females, and they judged male-favoring research to be lower in quality. https://t.co/24eZBWQxAs https://t.co/FzKaBWznkj
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Both sexes reacted less positively to research findings showing a sex difference favoring males rather than females, and they judged male-favoring research to be lower in quality. https://t.co/24eZBWQxAs https://t.co/FzKaBWznkj
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Special Situations 🌐 Research Newsletter (Jay)
China’s central bank injected additional liquidity into the financial system for 1st time since June as a growing mortgage-payment boycott and a virus flareup leads to a sense of crisis
PBOC boosted size of daily ST cash operation to 12 billion yuan ($1.8 billion) from 3 billion
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China’s central bank injected additional liquidity into the financial system for 1st time since June as a growing mortgage-payment boycott and a virus flareup leads to a sense of crisis
PBOC boosted size of daily ST cash operation to 12 billion yuan ($1.8 billion) from 3 billion
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Special Situations 🌐 Research Newsletter (Jay)
$BAC ERASES EARLIER GAIN AND FALLS TO PREMARKET LOW
*Bank of America GAAP EPS of $0.73 misses by $0.02, revenue of $22.7B misses by $90M
*Noninterest income declined $989 million, or 9%, to $10.2 billion, primarily reflecting weaker capital markets.
$JPM $C $GS $DB $UBS $BARC $CS
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$BAC ERASES EARLIER GAIN AND FALLS TO PREMARKET LOW
*Bank of America GAAP EPS of $0.73 misses by $0.02, revenue of $22.7B misses by $90M
*Noninterest income declined $989 million, or 9%, to $10.2 billion, primarily reflecting weaker capital markets.
$JPM $C $GS $DB $UBS $BARC $CS
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Special Situations 🌐 Research Newsletter (Jay)
Loan upgrade-to-downgrade ratio (credit) we were discussing on Spaces last week. Downgrades are now > upgrades, pointing to the expected weakness in credit with the slowing economy & inflation.
Important to monitor regarding strength of leveraged loan markets! $JNK $HYG $BKLN https://t.co/uSZ3WmlQLM
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Loan upgrade-to-downgrade ratio (credit) we were discussing on Spaces last week. Downgrades are now > upgrades, pointing to the expected weakness in credit with the slowing economy & inflation.
Important to monitor regarding strength of leveraged loan markets! $JNK $HYG $BKLN https://t.co/uSZ3WmlQLM
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Special Situations 🌐 Research Newsletter (Jay)
After week marked by a fresh crisis in Rome, MLIV readers warn Italian debt risks hitting danger zone once more, just as near-imminent recession intensifies plunge in the euro to levels not seen in 20 years.
Just 16% of 792 in latest Pulse survey say EU will not have recession
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After week marked by a fresh crisis in Rome, MLIV readers warn Italian debt risks hitting danger zone once more, just as near-imminent recession intensifies plunge in the euro to levels not seen in 20 years.
Just 16% of 792 in latest Pulse survey say EU will not have recession
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Special Situations 🌐 Research Newsletter (Jay)
More households in Britain are canceling video streaming subscriptions due to the rising cost of living.
1.66 million services were canned in 2Q22 (Kantar)
Under-24s were most likely age group to cancel due to cutting costs, w/ people budgeting for energy bills. $NFLX $DIS
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More households in Britain are canceling video streaming subscriptions due to the rising cost of living.
1.66 million services were canned in 2Q22 (Kantar)
Under-24s were most likely age group to cancel due to cutting costs, w/ people budgeting for energy bills. $NFLX $DIS
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