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Punto Ciego de los Mercados

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Latest Issues

SAVE THE DATE… SUPERSECTORS ON OCTOBER 1 AT THE HESPERIA / BOND SELL-OFF TRIGGERS “FEAR” SIGNAL ON MS’S RISK SENTIMENT INDICATOR … GOOD HISTORICAL SIGNAL FOR THE STOCK MARKET / EUROPE SPECIAL

The open letter by Dario Amodei, published over the weekend and co-signed by Sam Altman and Elon Musk, called for greater restraint in the development of frontier models.

The market was quick to price in a reduction in AI capex, with AI en...

6 days ago
3

THE FOCUS REMAINS ON YIELDS / WE RAISED OUR GAS ESTIMATES / LONG POSITIONS IN EUROPEAN BANKS

US equity indices were relatively stable yesterday (SPX +0.46%, NDX +0.23%), helped by the pause in the rebound in oil prices and yields (UST at 4.77%). The moderation seen in the latest labour market data provided some relief, with yesterd...

18 days ago
5

YIELDS AND OIL PRESSURE EQUITY MARKETS / TODAY: JOLTS, ISM AND US INFLATION

YIELDS AND OIL PRESSURE EQUITIES INTO MONTH-END

We closed the month of August with moderate declines in the US (yesterday SPX -0.33%, NDX flat, IWM -0.62%), and somewhat more pronounced losses in Europe (SX5E -1%) following the reboun...

20 days ago
5

WARSH TAKES A HAWKISH STANCE / BRENT AT $90 / MARINA ZAVOLOCK INCREASES HER WEIGHTING TOWARD CYCLICAL STOCKS AND REITERATES HER LONG POSITION IN MOMENTUM STOCKS

Good morning,

WARSH TURNS HAWKISH, ALTHOUGH MIKE GAPEN (MS) STILL DOES NOT EXPECT RATE HIKES

Last week saw a rotation into Quality following Warsh’s Jackson Hole remarks and NVDA’s strong guidance on Wednesday, which supported the mega...

21 days ago
3

NVIDIA: STRONG GROWTH GUIDANCE AND GREATER VISIBILITY

NVIDIA shares are up 5% after hours after the company guided to 70% revenue growth in FY28, the fiscal year beginning in February 2027. Management confirmed that growth would have been close to 100% in the absence of supply constraints:

...

25 days ago
3

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  • punto ciego de los mercados

    Mercados, empresas y las tendencias explicadas desde una perspectiva que casi nadie tiene en cuenta.

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