If Jeremy Grantham is talking about a US ‘superbubble’, we should listen. The Boston-based fund manager has hard-to-deny evidence to back up his prediction of a ‘wild rumpus’Grantham’s thesis is that US stocks are in a “superbubble”, an upgrade on last year’s diagnosis of “an epic bubble”, and that the US has seen only three other such extreme events in the past 100 years – the Wall Street crash of 1929, the turn-of-the-millennium dotcom mania and the housing market madness of 2006. He isn’t always right, but he is a serious student of markets who called the dotcom and 2006-08 crashes with impressive precision. He’s worth listening to.

If Jeremy Grantham is talking about a US ‘superbubble’, we should listen. The Boston-based fund manager has hard-to-deny evidence to back up his prediction of a ‘wild rumpus’Grantham’s thesis is that US stocks are in a “superbubble”, an upgrade on last year’s diagnosis of “an epic bubble”, and that the US has seen only three other such extreme events in the past 100 years – the Wall Street crash of 1929, the turn-of-the-millennium dotcom mania and the housing market madness of 2006.

If Jeremy Grantham is talking about a US ‘superbubble’, we should listen. He isn’t always right, but he is a serious student of markets who called the dotcom and 2006-08 crashes with impressive precision. He’s worth listening to. 

If Jeremy Grantham is talking about a US ‘superbubble’, we should listen.Grantham’s thesis is that US stocks are in a “superbubble”, an upgrade on last year’s diagnosis of “an epic bubble”, and that the US has seen only three other such extreme events in the past 100 years – the Wall Street crash of 1929, the turn-of-the-millennium dotcom mania and the housing market madness of 2006.

Short sellers are reaping huge profits this year, as the stock market’s brutal bloodbath fuel their bearish bets.The short-selling cohort has gained $114 billion in January mark-to-market profits as of Friday’s close, up 11.6% for the year, according to data from S3 Partners’ Ihor Dusaniwsky. 

Short sellers are up $114 billion this year with winning bets against Tesla and Netflix. Short sellers are reaping huge profits this year, as the stock market’s brutal bloodbath fuel their bearish bets. The short-selling cohort has gained $114 billion in January mark-to-market profits as of Friday’s close, up 11.6% for the year, according to data from S3 Partners’ Ihor Dusaniwsky. The stock rout was triggered by a potential policy shift from the Federal Reserve. The central bank has signaled interest rate hikes this year as well as a tapering of asset purchases and a balance sheet reduction. The potential action would mark an aggressive hawkish tilt for the Fed after nearly two years of ultra-easy monetary policy to support the economy from the pandemic.

Short sellers are up $114 billion this year with winning bets against Tesla and Netflix. Short sellers are reaping huge profits this year, as the stock market’s brutal bloodbath fuel their bearish bets.The short-selling cohort has gained $114 billion in January mark-to-market profits as of Friday’s close, up 11.6% for the year, according to data from S3 Partners’ Ihor Dusaniwsky. 

US suffered worst drop in stock indices. For three weeks into 2022, we see a reversal of fortunes for US stock indices. Nadaq, a darling in 2021, lost 12.0% over three weeks of January 2022. S&P 500 lost 7.7% and Dow Jones Industrial lost 5.7%. At the other end, Hang Seng index was up 6.7%. In 2021, it lost 17.0%. Singapore Straits Times Index (STI) was up 5.5% (2021: negative 3.1%). STI was resilient when the other stock indices were declining. 

Wow, this is quite an ugly performance. 交银国际年度净利下滑54%至64%，股价暴跌22%，市值38亿港元。Hope to see better days ahead in 2022

Nasdaq already in correction mode, down more than 10% since the start of the year.  The meltdown has hit FAANG and many other big name tech counters very hard. A controversial ETF with a singular mission to exploit weakness in Cathie Wood’s flagship fund has now amassed $234 million in assets as the new year rout in richly priced tech stocks deepens. 

Rising inflation and higher interest rates have crushed many high-growth tech stocks over the past few months. The reasons are simple: Inflation reduces the value of a company's future revenue and earnings, while higher interest rates boost borrowing costs for unprofitable companies. Better to not fight against such megatrend and err on the safe side. I have switched most of my portfolio to matured income stocks with consistent earnings and some commodity counters.

IMF chief says Fed rate hike could ‘throw cold water’ on global recovery. Speaking at The Davos Agenda Friday, Kristalina Georgieva said an increase in U.S. rates could have significant implications for countries with higher levels of dollar-dominated debt.“2022 is like navigating an obstacle course,” she said, given risks such as rising inflation, the Covid-19 pandemic and high debt levels.

IMF chief says Fed rate hike could ‘throw cold water’ on global recovery. Speaking at The Davos Agenda Friday, Kristalina Georgieva said an increase in U.S. rates could have significant implications for countries with higher levels of dollar-dominated debt.“2022 is like navigating an obstacle course,” she said, given risks such as rising inflation, the Covid-19 pandemic and high debt levels.

IMF chief says Fed rate hike could ‘throw cold water’ on global recovery. Speaking at The Davos Agenda Friday, Kristalina Georgieva said an increase in U.S. rates could have significant implications for countries with higher levels of dollar-dominated debt.“2022 is like navigating an obstacle course,” she said, given risks such as rising inflation, the Covid-19 pandemic and high debt levels.

IMF chief says Fed rate hike could ‘throw cold water’ on global recovery. Speaking at The Davos Agenda Friday, Kristalina Georgieva said an increase in U.S. rates could have significant implications for countries with higher levels of dollar-dominated debt.“2022 is like navigating an obstacle course,” she said, given risks such as rising inflation, the Covid-19 pandemic and high debt levels.

Nasdaq already down more than 10% last Wednesday. History will always repeat itself. The highest you climb up, the hardest you are going to fall

Can't go against the GOV esp in an environment of 40-year high inflation rate, expected aggressive interest rate hikes, and Feb tapering/Quantitative Tightening. If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.Sun Tzu, The Art of War

The fines now amounted to 114.7 million euros ($130.04 million) for Apple and 58.6 million euros for Amazon, down from 134.5 million euros and 68.7 respectively, the watchdog said in a statement. This is really peanut for a trillion dollars company. Such slap on the wrist is unlikely to cha behaviour. Unlike in China, Alibaba was fined a record $2.8 billion a Monopoly Probe.

Goid move to collect back the penalty of $180 million with interest from the US Administration