Wanna read an interesting statistics?
According to Bloomberg, over the last 20 years the only few occasions when the S&P500 dropped 4% in a single day and didn’t rally the day after were during:
- The Great Financial Crisis
- 2011
- The pandemic
- This Wednesday
Careful, as @Ksidiii warns eloquently:
"Price insensitively just pulling liquidity." can set traps in both directions.
👀 $1.9tln of option notional expires on 20-May
🔹 $460 billion of derivatives across single stocks is scheduled to expire.
🔹 $855 billion of S&P 500-linked contracts will expire.
(via GS)
No, we are not at peak inflation.
#OOTT
#CPI
“Things will get worse before they get better.” Grant Thornton chief economist @DianeSwonk talks about how long it will take for high prices we’re paying for gas, groceries, and other items to go down. “The good news is we’re probably on peak inflation.”
@jdbalart
@MSNBC
