Cathie Wood’s Ark Innovation ETF saw record outflows in September as $905m was pulled. The short interest has risen from around 2% at the start of the year to 12% now as increasing numbers bet against it #stocks #tech pic.twitter.com/0iptemUmvH
— Michael A. Gayed, CFA (@leadlagreport) October 12, 2021
IMF warns on inflation, says the Fed and others should be prepared to tighten policy
This is contagion. China developers in October:
-Fantasia: Oct. 4 default. Two directors resign
-Evergrande: Oct. 11 coupon not received
-Xinyuan: will pay just 5% of Oct. 15 note
-Sinic: Won’t pay principal/interest due Oct. 18
-Modern Land: asks for 3-month extension
FED'S BOSTIC SAYS INFLATION IS LIKELY TO REMAIN ABOVE 2 PERCENT GOING FORWARD hot CPI number warning
— FXHedge (@Fxhedgers) October 12, 2021
Headline o' the Day pic.twitter.com/bLpmmYSRLc
— Rudy Havenstein, Six Ways From Sunday. (@RudyHavenstein) October 12, 2021
💥Not one mention in the entire story about Vax Mandates. 👇
Dear Media,
This is why everyone hates you. You ignore the truth, have an obvious agenda, and treat people like they’re idiots.
Sincerely,
Everyone pic.twitter.com/KZWqAflLev
— George Gammon (@GeorgeGammon) October 12, 2021
🇺🇸 *U.S. SEPT. SMALL BUSINESS OPTIMISM INDEX AT 99.1 (6-month low); EST. 99.5
— Christophe Barraud🛢 (@C_Barraud) October 12, 2021
Don't be surprised if market based inflation expectations continue to rise, and soon will reach a multi year high. pic.twitter.com/RSxX5RU8sO
— Jan Nieuwenhuijs (@JanGold_) October 12, 2021
Atlanta Fed leader Raphael Bostic says he still believes high inflation pressures will ebb over time t.co/NjmmeBdrNf
— Real Time Economics (@WSJecon) October 12, 2021
h/t Doorbert Returns