Futures Jevons :
The Shanghai Stock Exchange Index fell below 2800 points yesterday# A-share#
Futures Jevons :
Goldman Sachs "Go for Gold". 1. More selective and less constructive: The report pointed out that although the commodity basket in 2024 performed well, the weakening of cyclical support led Goldman Sachs to adopt a more selective strategy for commodity investment.
Futures Jevons :
CLO issuance surged this year. JPMorgan Chase said that May was the second highest month in history.
Futures Jevons :
The Federal Deposit Insurance Corporation (FDIC) reported that 63 banks were on the verge of bankruptcy, and JPMorgan Chase could eat them again.
Futures Jevons :
The volatility of stock bond exchange has been suppressed under loose financial conditions, while the VIX of US stocks is currently suppressed abnormally low compared with the historical average. Recently, I read a paper explaining the impact of volatility term structure risk on asset pricing: we constructed a portfolio sensitive to VIX slope risk through the triple ranking method, and
Futures Jevons :
Guan Tao, Bank of China Securities: The negative change in monetary gold reserve assets caused by the transaction indicates that the central bank's import purchase of gold increases gold reserves, and vice versa indicates that the increase in holdings is domestic procurement and purification. The increase of gold reserves held by the central government is a diversified allocation of reserve assets, but the background is different. For example, during the third round of central bank's shareholding increase, 201
Futures Jevons :
Jurrien: In the long run, commodities tend to be highly volatile, not stable long-term investment. Long term low return and high volatility mean low Sharpe ratio. However, if the timing is correct, it can bring rich returns in tactics. It is said that since this year, the highest proportion of Sharp is Gold [raise hands
Futures Jevons :
#Apple's financial report for the second quarter of fiscal year 2024 # Apple's dividend yield reached 4%. Some analysts pointed out that these technology companies would deposit their earnings in a zero tax rate country (such as Ireland), and then issue bonds in the United States to fund these repurchases. When the bonds mature, they would use offshore cash to repay the bonds
Futures Jevons :
#The yen exchange rate once fell below 160 yen to 1 dollar. George Saravelos, head of foreign exchange research at Deutsche Bank, said that the intervention threat issued by the Japanese authorities did not seem credible. Japan is the most reliable party that finally makes the yen stronger
Futures Jevons :
The S&P 500 index is slightly negatively correlated with commodities.
