Stock Buybacks around the world have plunged to a 7-year low pic.twitter.com/QZzDD97Jwt
— Barchart (@Barchart) November 1, 2023
With the rapid rise in yields since the federal reserve's last meeting, they are unlikely to change their policy stance given the rise in yields "naturally" tightens the economy.
Goldman has estimated that the recent rise in yields is equivalent to four 25bps hikes pic.twitter.com/3Xc4zHUqWU
— flip (@trevor_flipper) November 1, 2023
Who cares about central bank balance sheets if one can buy AI companies at modest 45 price to sales ratio?
Ht @MacrobondF pic.twitter.com/Ip9KEBJLDr— Michael A. Arouet (@MichaelAArouet) November 1, 2023
— Win Smart, CFA (@WinfieldSmart) November 1, 2023