By summer 2020, numb...from AnnaZ

08 Oct 2020, 23:14 · Views 4,618

By summer 2020, number of billionaires had grown to 2,189, up from 2,158 in 2017 ... billionaires' wealth has pulled back with market's recent weakness, but still remains above 2020 lows, as noted by UBS. #trading# #investment#

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Reply 1

Leave Your Message Now

AnnaZ

657 Posted · 128 Followers

"Big 5" stocks dominating S&P 500 as never before (yellow); while forward P/E is as stretched as in 2000 (blue)—however, average P/E of Big 5 today much less stretched relative to 2000. #S&P500# #trading#

AnnaZ

Kind of like 2000 but also not ... U.S. IPOs have seen some of their strongest gains (measured annually) since tech bust, but returns are nowhere near readings that topped 300% back then. #trading# #investment#

AnnaZ

Loan loss provisions by S&P 500 Financials as per DeutscheBank to come down substantially in Q3, which should provide boost to earnings growth. #S&P500# #StockMarket# #Recession#

AnnaZ

As of July, total billionaire wealth surged to a fresh peak of $10.2 trillion, up from $8.9 trillion at end of 2017 ... fortunately, world’s richest donated $7.2 billion to charities from March to June (with U.S. leading rest of pack). #trading# #investment#

AnnaZ

Mentions of layoffs by federal reserve at highest frequency ever ... not good timing, with major companies announcing job cuts in past couple weeks & PPP loans expiring. #Fed# #EmploymentChange#

AnnaZ