Greetings,
Equities: Funds have been dumping the most expensive tech shares..
Momentum stocks continue to underperform.
Rates: Speculative accounts are betting on further flattening in the 10yr – 30yr part of the curve.
Cryptocurrency: Open interest in bitcoin’s futures market remains high despite last week’s sell-off.
United States: The ADP employment report showed over half a million new private-sector jobs created in November.
Global Developments: Here is the average deviation from central banks’ inflation targets.
Food for Thought: US video game players:
Edited by Daniel Moskovits
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