Risk: Why Goldman Made Me Cheer
A wall of capital and central banking support raises the S&P 500 price target.
As markets reassess the likelihood of rate cuts ahead of the Fed minutes, the dollar's relentless climb—fueled by a resurgent yen carry trade—injects another round of global liquidity. The S&P 500 and Nasdaq are holding their 20-day moving averages…
Meanwhile, tech giants face renewed regulatory scrutiny, with Google in the antitrust crosshairs. As earnings season approaches, the 'no landing' narrative again gains traction, challenging everything we know about conventional market wisdom.
Global Capital Watch
Expanding liquidity, but the undercurrent of capital is exiting the Russell 2000. This is a collateral quality issue as the 10-year bond pushes back above 4%.
Insider Buying:
Only nine buy filings yesterday, including one from August.
For every $1 of insider buying, there was $15.94 of insider selling.
Top Buy: $15,494,600 (FrontView REIT by Alyeska Investment Group)
Top Sell: $100,003,200 (MoonLake Immunotherapeutics by BVF PARTNERS)
Stock buybacks paused due to earnings blackout coul…
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