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Daily Archives: August 15, 2022
Commodities slump with global growth outlook
Overnight, China’s National Bureau of Statistics reported that retail sales grew by 2.7% in July-nearly half as much as the consensus forecast of 5%. Industrial production also missed the 4.6% estimate with an increase of 3.8% as the Chinese economy … Continue reading
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Wild abandon bounces back
As risk markets have rebounded over the past month, FOMO has resumed with retail flows moving back to the sketchiest and over-valued securities and shorts being forced to buy back positions. The basket of most-shorted stocks tracked by Goldman Sachs … Continue reading
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