Macro Event: On Nov 6, 2024, Republican presidential candidate Trump announced his victory in the US presidential election. Market Performance: The global market reacted with a return to the Trump trade 2.0. The USD, US stocks, BTC, and UST yields rose, while gold and oil prices fell. Policy Implication: With the Republican Party securing the Senate and leading in the House, Trump's policy framework faces less resistance. Key policies include: Trade: Imp...
October 19 1987, “Black Monday” on Wall Street On October 19, 1987, the Dow Jones Industrial Average (DJIA) fell 508.32 points, a decline of 22.61 percent, ending a bull market that had lasted since August 1982. A record volume of 604.33 million shares traded hands that day, three times the daily average. The New York Stock Exchange (NYSE) lost more than US$500 billion in market capitalization, its largest loss since the beginning of World War I in 1914. The DJIA’s colla...
1. Rich/Cheap Trade:Concept: This strategy exploits the discrepancies between the market yield and the theoretical yield of bonds. Execution: The strategy is to buy when the instrument is considered "cheap" and sell when "rich," based on the Rich/Cheap spread defined as S=YMarket−YTheory Z-score is used to determine the level of richness or cheapness. 2. Bond/Swap Trade:This strategy capitalizes on the yield spread d...
As a part of my daily work as an equity sales, I have the chance to look at thousands of investors portfolio from various walks of life, ranging from 3 figures to 8 figures. The shocking fact is that majority of them is still losing money despite some having “Years of experience in the market”. Below are some of the things that made me understand much deeper about trading/investing through my work and I hope can provide some valuable insight...
A new exchange-traded fund attempting to carve out a slice of the $6.3 trillion sitting in traditional money-market funds is launching Wednesday. The Texas Capital Government Money Market ETF begins trading under the ticker MMKT, according to a press release. While other short-dated bond ETFs exist, MMKT is the first to follow the so-called Rule 2a-7 — a provision of a 1940s Securities and Exchange Commission law that governs money-...
The 2s10s curve ended the day around the zero level for the first time in the last 2 years. We briefly traded in positive territory yesterday but haven't closed above zero since July 2022. This is the longest ever inversion for the 2s10s curve in available data stretching back well over 60 years. Given that inversions have historically been a leading indicator of recessions, the re-steepening has previously led to suggestions tha...
70729743 : 再見
EZ_money 70729743 : Alpha dog不會輕易認輸,伊朗或中國有多少注射了類固醇的男人呢
EZ_money 70729743 : 這裡是角鬥士的土地。
EZ_money 70729743 : 農民擁有比軍工更多的槍支和人手
easygoing Lyon : 這張模因中的見解試圖模仿新聞…這就是為什麼我們稱之為假資訊。仔細看,你也會開始察覺。