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TURKISH CENTRAL BANK INTERVENES IN FX MARKET

Fund managers the most overweight US equities in 8 yrs (Aug 2013). Small sample but tendency to underperform when the consensus is this lopsided. From BAML

Small n but when fund managers have been this uniformly pessimistic about treasuries in the past, yields have already made their move higher and have been at or near an inflection point lower. From BAML

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The future of the planet is in the hands of Beijing and New Delhi and a colossal 2.8B population addicted to cheap coal. Everything else is a rounding error at this point.

Total coal plants on earth - image from CarbonBreif - https://twitter.com/Peston/status/1459588661587161089

Robert Peston@Peston

Where the future of the planet will be determined this evening #COP26

$SPX up 8 days in a row. n=14 since the 2000 Dot Com high. Only 4 (29%) closed higher the next day but 13 (93%) closed higher w/in 15 days. BTFD. Tables from @TradewellApp

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