Τα Διαγράμματα της ημέρας

Only 11.48% of NASDAQ stocks are above their 200-day moving average. Extremes not seen since the COVID crash.

00:01 - 20/05/22

Longest negative return streak from both bonds and stocks since 1999, quarterly

Bonds are starting to act as havens again. This is an uncomfortable narrative to reconcile; signs keep showing inflation as higher & more persistent than previously expected, and that the Fed is more determined than ever to get back to more price stability

China's lockdowns may be slowly easing as COVID case growth recedes; # of container ships in Shanghai-Ningbo-Zhoushan region still 11% above last year's median & volume of container goods moving in/out of Shanghai has declined

S&P: Aging demographics and uneven wealth distribution are exacerbating policy risk in China. These issues will continue to guide regulatory change across housing, labor, education, and social welfare