Buyback announcements have continued to boom…almost $200bn worth in the last 3 weeks. Source: Deutsche
Selling and selling
Goldman’s PB was net sold for the 3rd week in a row and saw the largest net selling in three months…note short selling was the main driver, not selling of longs… Source: GS When Cathie 2.0? FANG+ seen as safe asset, decoupling from liquidity-sensitive. Will there be a resurrection of Cathie & Friends? Source: Macrobond Mega-cap tech fundamentals getting even better Consensus expects mega-cap tech’s sales growth gap to widen (chart 1) and the gap […]
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