Where is money buying Bitcoin coming from?
Based on TenViz proprietary data we tracked 4 distinct sources of inflows: US Equities – retail investors US & Canadian Treasuries – family offices? Japanese & S. Korean, Thailand sovereigns – Asian investors always loved Crypto and are now increasing allocation to BTC European Quality and Safe equities – i.e. investors are really stepping up ...
Real estate REITs are roaring higher
The last 1 Month Residential real estate REITs are roaring higher, being up +5-9% on average, while Office REITs are down almost symmetrically 4-6%. That signals the end of depopulation of big cities (like SF, Boston, NYC) yet the trend of WFH is here to stay… See the chart from TenViz tools, – purple ...
Headlines today: “mortgage demand falls as rates rise”.
Our Tools view this is transitory phenomenon. The chart below plots 30YUS Rates vs. Homebuilders with the correlation underneath – historically, the relationship was NOT clear. ...
Airlines and aerospace contractors are ripping!
In the Industrials, money-losing companies – airlines and aerospace contractors are ripping!See these two broad areas circled in ovals in the image below.That is a classic market sign of the upcoming recovery and the reopening!Would anyone (except, bankruptcy lawyers) object to the expedited reopening of economies? ...
Bill Gates is ditching his investments in Energy – that sounds noble in spirit, but …
Bill Gates is ditching his investments in Energy – that sounds noble in spirit, but … Is forcing investors to dump energy investments the best way to fight the global warming? Certainly, not! Like, in other ugly illegal markets (weapons, drugs, etc.) demand will unfortunately find its supply. Most economists would argue that instead, heavy ...
Why Value style of investing should outperform in 2021?
Why Value style of investing should outperform in 2021?Value style has underperformed for almost 10 years, and Value Equities are cheap…Given that Value works when interest rates go higher.Inflation is picking up, including through commodities.As Rates head higher, Value gains an upper hand over Momentum… ...