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The S&P 500 is on observe to open decrease by greater than 1%.
After 6 consecutive losses.
And at a 52-week low.
For the reason that inception of the futures market in 1982, just one different day matches this stage of carnage: October 10, 2008.
— SentimenTrader (@sentimentrader) October 13, 2022
— Jake (@EconomPic) October 14, 2022
Acquired request for contemporary $ARKK flows. Brace your self:
YTD: +$1.2b (Prime 3% amongst all ETFs)
— Eric Balchunas (@EricBalchunas) October 11, 2022
Treasury ETFs have now taken in $111b YTD, which is double the previous ann document. They now account for 26% of all ETF flows regardless of making up 5% of the property. All this and but almost each one among them is down on 12 months AND the Fed is not accomplished mountaineering proper of their face. Brutal. pic.twitter.com/HjOiPLpz7w
— Eric Balchunas (@EricBalchunas) October 17, 2022
I do not assume folks actually recognize what’s taking place within the choices market proper now.
Final week, retail merchants purchased $19.9 billion price of places to open. They purchased solely $6.5 billion in calls to open.
That is the primary time in historical past that places have been 3x calls. pic.twitter.com/GR2apNfFtb
— Jason Goepfert (@jasongoepfert) October 16, 2022
Predictions are laborious, even for the Fed. pic.twitter.com/3sq76ZR5az
— Bespoke (@bespokeinvest) October 1, 2022
10-year Treasury yields have risen for 11 straight weeks- the longest stretch since not less than **1978** – JPM pic.twitter.com/djGNEM5KLs
— Gunjan Banerji (@GunjanJS) October 15, 2022
MORGAN STANLEY: If charges fall forward of a decline in inflation (which we anticipate), “it can give legs to the rally that started final Thursday .. We predict 4000 is nearly as good a guess as any and wouldn’t rule out one other try and re-take the 200-day shifting common (~4150).” [Wilson] pic.twitter.com/DSNA7KyTmb
— Carl Quintanilla (@carlquintanilla) October 17, 2022
It is putting how a lot variance there may be within the inflation pattern for core items. Vital deflation for some objects (mens’ fits and sportcoats, down 3.3%!), nonetheless excessive inflation for others (jewellery +4.4%).
Simply all around the map, presumably reflecting idiosyncratic dynamics. pic.twitter.com/zGrFwg1gzT
— Neil Irwin (@Neil_Irwin) October 13, 2022
Core shopper costs in america elevated 6.60 % in September of 2022 over the identical month within the earlier 12 months. https://t.co/fyCQEpt5lS pic.twitter.com/NF5KMsJuUS
— Buying and selling Economics (@tEconomics) October 13, 2022
The Nationwide Common Wage Index elevated to $60,575.07 in 2021, up 8.89% from $55,628.60 in 2020 (used to calculate contribution base). This was the biggest share improve in wages because the early ’80s.
That is used to regulate the contribution base (as much as $160,200 in 2023).
— Invoice McBride (@calculatedrisk) October 13, 2022
There it’s! However I might be cautious about over-interpreting this headline decline. It is pushed by a scorching 7.4% in June rolling out of the three-month common. https://t.co/z3MN6llzK1
— Nick Bunker (@nick_bunker) October 13, 2022
Right here’s my primary reasoning on why the Fed ought to sluggish or pause right here. We do not know what 7% mortgage charges will do to housing and it’s gonna take a 12 months for that to completely filter through.
The Fed might be making a authentic housing disaster right here and we gained’t realize it for years. https://t.co/ElVrwdkHR2
— Cullen Roche (@cullenroche) October 12, 2022
6. Median deposits are reducing within the decrease earnings segments in line with $JPM: pic.twitter.com/cw3bqkzDvf
— Quartr (@Quartr_App) October 17, 2022
“You see it in our numbers.”
7. As we shared earlier right this moment, $JPM‘s Jamie Dimon sees very robust shopper spending: pic.twitter.com/AkR7lrgJ4b
— Quartr (@Quartr_App) October 17, 2022
$BAC Q3 FY22 Internet Curiosity Earnings of $13.8 billion, up 24% YoY pic.twitter.com/NlU73QGgnb
— Alex Morris (TSOH Funding Analysis) (@TSOH_Investing) October 17, 2022
New: Netflix’s advert supported model will launch in early November.
It is going to price $6.99 a month within the U.S.
Adverts can be 15 or 30 seconds.
They’ll play earlier than and through exhibits.
On common, there can be 4 to five minutes or advertisements per hour.
It initially launches in 12 nations.
— Jon Erlichman (@JonErlichman) October 13, 2022
I’ve some ideas… the VR headsets are coming. pic.twitter.com/6ebMWrXMNj
— Marques Brownlee (@MKBHD) October 14, 2022
I imply, that is completely bonkers.
A bunch of requests for merchandise after listening to this:https://t.co/Hwd15bfq11 pic.twitter.com/eVUvJb2Cci
— Packy McCormick (@packyM) October 11, 2022
The LA Clippers are launching a streaming service — a primary for the NBA.
“ClipperVision” will characteristic six stay viewing choices and value $199.99 for 74 video games this season — about $17 a month. pic.twitter.com/ED581ctHNI
— Entrance Workplace Sports activities (@FOS) October 17, 2022
I loved HALLOWEEN ENDS. It would not reinvent the wheel, however it’s–gasp!–surprisingly character pushed.
— Stephen King (@StephenKing) October 13, 2022
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