CIO ກ່າວວ່າ Fed's Powell ຈະບໍ່ຢຸດການຂຶ້ນອັດຕາຈົນກ່ວາລາວ "ຢ້ານ" ນັກລົງທຶນທີ່ຮັ່ງມີທີ່ສຸດ, CIO ກ່າວ

But not so fast says our ໂທຂອງມື້. It comes from Eric Peters, the chief investment officer of One River Asset Management, who was chatting with a fellow CIO who offered up his own line in the sand for when Fed Chairman Powell will put on the brakes.

“Prepandemic a heavy jet cost $7k-9k an hour to charter. Now it costs $18k-$20k,” the unidentified CIO told Peters and noting that his own private indicators that show a still white-hot market. “All these guys worth $100mm got sucked into a portfolio mix with 75% illiquid investments, 25% liquid. Guys like that spend $3mm-$5mm year and make $2mm after tax. They’re slowly bleeding, but even after last year are not yet scared,” he said.

“Powell won’t finish tightening the tourniquet until he terrifies these guys,” he said. “They need to feel like their private portfolios won’t come back. They need to see their liquid portfolios lower still. They need to take losses to raise liquidity. It happens every cycle. We’re clearly not there yet.”

The feel of 2022 certainly was ick, with major indexes suffering their worst losses since 2008, including a 19.4% drop for the S&P 500
SPX,
0.08​-%.

When it comes to rich getting poorer, Tesla
TSLA,
+ 5.93%
CEO Elon Musk’s became the only person in history to lose $200 billion, from his wealth peak in November 2021, which some blame on his time-consuming Twitter takeover, plus soft consumer demand in China and elsewhere. Yet elsewhere, according to Bloomberg’s Billionaire Index, Berkshire Hathaway Chairman Warren Buffett is about $3.27 billion richer than he was a year ago.

Peters’ fellow CIO goes on to talk about how prices in recent months have “fallen faster than monetary policy can possibly explain.”

“The next two months will tell us whether this is a bizarre blip or something real. But I see problems for stocks either way,” he said. “If inflation stays high, the Fed will hike to 6%. And if inflation falls quickly, margins narrow as wages stay high, and again stocks come under pressure.”

And the economy is transitioning to an even tougher period for investors — the “stagflation quadrant” that brings slowing growth and softer inflation. “It’s a quadrant where you need to look for idiosyncratic alpha, relative value trading,
cross market kinds of opportunities. It’s tough.”

ອ່ານ: ‘Markets are going to get rocked’ as Fed is likely to push rates higher, economist warns

ຕະຫຼາດ

ຮຸ້ນ
SPX,
0.08​-%
 
ດີເຈ,
0.34​-%
 
ຄອມພີວເຕີ,
+ 0.63%
are trading ສູງ, with the dollar
DXY,
+ 0.09%
continuing to fall and bond yields
TMUBMUSD10Y, ທ.
3.531%
 
TMUBMUSD02Y, ທ.
4.211%
rising. Oil prices
CL.1,
0.04​-%
 
BRN00, ທ.
0.16​-%
are getting a hefty boost as China reopening hopes continue to filter into the markets. Meanwhile, gold
GC00,
+ 0.09%
is hitting fresh multi-month highs. Major cryptocurrencies are rising, led by Cardano 
ADAUSD,
+ 1.29%.

ສໍາລັບການປັບປຸງຕະຫຼາດເພີ່ມເຕີມບວກກັບແນວຄວາມຄິດການຄ້າທີ່ປະຕິບັດໄດ້ສໍາລັບຫຼັກຊັບ, ທາງເລືອກແລະ crypto, ຈອງ MarketDiem ໂດຍທຸລະກິດຂອງນັກລົງທຶນປະຈໍາວັນ.

ບ້ານໄດ້

Three U.S-listed biopharmas got buyout offers from European drugmakers on Monday. Shares of CinCor Pharma
CINC,
+ 143.97%
are up 136% after AstraZeneca
AZN,
+ 0.14%
 
AZN,
0.39​-%
announced a deal worth up to $1.8 billion. Amryt Pharma
AMYT,
+ 107.29%
is up 100% after a $1.5 billion buyout deal announced by Italy’s Chisi Farmaceutici and France’s Ipsen agreed to buy liver drug maker Albireo Pharma
ALBO,
+ 92.16%
for at least $952 million. Albireo stock is up 93%.

To a lesser extent, shares of biopharma gene-therapy group Ocugen
OCGN,
3.85​-%
rose on news of positive results from a COVID trial.

ຮຸ້ນ Lululemon
ລູລູ
9.29​-%
are down about 10% after the athleisure wear maker lowered its margin guidance. Nike
NKE,
+ 0.26%
and Under Armour shares
UAA,
0.84​-%
are falling in sympathy.

China’s long-running crackdown on internet companies is almost over, a top central bank official reportedly said. That helped boost a swath of companies that were rising in premarket, including Alibaba
ບາບາ,
+ 3.19%,
which was also up on news co-founder Jack Ma is ceding control of affiliate company Ant Group, possibly allowing for IPO plans to be revived.

Goldman Sachs
GS,
+ 1.41%
is preparing to lay off 3,200 workers this week, Bloomberg says.

Speaking of banks, Q4 earnings season kicks off Friday, with Bank of America
ຂປລ,
1.51​-%,
JPMorgan Chase
ບໍລິສັດ JPM,
0.41​-%,
ແລະ Citigroup
C,
+ 0.49%
lined up to report.

A cargo vessel briefly ran aground in Egypt’s Suez Canal, blocking traffic and stirring up memories of a 2021, when a similar incident in jammed up the vital waterway for six days.

It’s another big data week, highlighted by the CPI report due Thursday. For Monday, we’ll get the New York Fed’s inflation forecast, comments from Atlanta Fed President Raphael Bostic and consumer credit

ດີທີ່ສຸດຂອງເວັບ

At least 300 have been arrested in Brazil after pro-Bolsonaro rioters stormed government buildings on Sunday, an event that echoed the January 2021 insurrection on the U.S. Capital.

Globalization is not dead, but is facing a big tail-risk, says this expert

Gen. Z’ers are dusting off their parent’s digital cameras

Autistic journalists got French President Emmanuel Macron to talk about marrying his former teacher.

ຕາຕະລາງ

ປີ້

ເຫຼົ່ານີ້ແມ່ນ tickers ທີ່ມີການຄົ້ນຫາສູງສຸດໃນ MarketWatch ໃນເວລາ 6 ໂມງເຊົ້າຕາເວັນອອກ:

Random ອ່ານ

The men behind the note in a 135-year old whiskey bottle

Australians flock to a flower that blooms every few years, but reeks of dead rats.

Farewell to the world’s best restaurant.

ຕ້ອງການຮູ້ເລີ່ມຕົ້ນແລະຖືກປັບປຸງຈົນກ່ວາລະຄັງເປີດ, ແຕ່ວ່າ ລົງທະບຽນຢູ່ທີ່ນີ້ ເພື່ອໃຫ້ມັນສົ່ງໄປທີ່ອີເມວຂອງທ່ານຄັ້ງດຽວ. ສະບັບອີເມວຈະຖືກສົ່ງອອກໃນເວລາປະມານ 7: 30 ເຊົ້າພາກຕາເວັນອອກ.

ເຊີນຟັງ ແນວຄວາມຄິດໃໝ່ທີ່ດີທີ່ສຸດໃນ Money podcast ກັບນັກຂ່າວ MarketWatch Charles Passy ແລະນັກເສດຖະສາດ Stephanie Kelton.