by Jacques Lemoisson | Jan 16, 2021
JPMorgan Chase, Citigroup and Wells Fargo have released a total of more than $5bn of pandemic-era loan loss reserves in a sign of optimism for the economic outlook even as the US reels from the latest wave of Covid-19. We put a short position in banks in our GTO (...
by Jacques Lemoisson | Jan 15, 2021
Pfizer has confirmed it will temporarily reduce deliveries to Europe of its COVID-19 vaccine while it upgrades production capacity to 2 billion vaccine doses per year… Interesting timing… Share...
by Jacques Lemoisson | Jan 15, 2021
Powell mentioned yesterday that nothing to see about inflation… OK! The BOJ consistently reports low CPI… Ok! Japan introduces cap electricity prices at 200Yen/KWH when this price on the Japan Power Exchanche reached 246Yen/KWH on Tuesday… Just for...
by Jacques Lemoisson | Jan 15, 2021
Trump continue his sad game. Imagine another country doing the same process with US listed company with strong US Army ties… More than 50 stocks from the S&P500 would be banned from GE to GM, including Google, MSFT, etc… Anyway, that’s carry...
by Jacques Lemoisson | Jan 14, 2021
The lingering chip supply crunch could lead to a 5% year-on-year decline in production volumes for some carmakers in the first quarter this year, said UBS auto analyst Gong Min. We highlighted that the supply chain disruption due to the Trade war initiated in 2018 and...
