I ask questions, write, listen, follow the money for @BloombergTV @BloombergRadio @Markets Opinions mine. No advice. No endorsements. What’s up?
China GDP day! Based on forecasts, will likely show the economy has all but reversed all the lost ground from early this year.
Chinese stocks (MSCI China) are very close now to all-time highs. GDP data out in a few minutes.
Actual print of quarterly Y/Y figured compared to median projection. 2020 has just been weird. Three of the biggest variations in the last 9 years have all come this year, possibly underscores how tricky it is to really gauge the nature of this recovery. What you guys think?
I don't have a PhD in econometrics so will need you guys to chime in. Despite the 3Q Y/Y figure coming in well below median estimates, the YTD number is somehow bang in line with estimates. China's economy is back. YTD rate is positive!
Thai stocks down a fourth day while most of Asia is up. Declines today are fairly broad-based, volumes slightly on the higher side.
Virus recoveries have gone up by 150k over just the last two weeks. This time last month confirmed cases globally were at 100k; we're now pushing 1.3m. Considering the time lag + rate of recovery, the number of people who become well is likely about to surge too.
Unbelievable. Apple, Amazon, Microsoft and Google combined are now bigger than JAPAN'S ENTIRE STOCK MARKET. In other words, these 4 alone would be enough to create the world's third biggest stock market (behind the U.S. and China). GAAAAHHHH
BREAKING: NHK reporting Shinzo Abe plans to resign because of health reasons
There you go. Philippine Peso falls through 51 against the dollar for the first time in 11 years