1. Don’t miss…
We saw the ‘Metacurse’ materialise this week. Meta was off over 25% following their earnings release. It’s now down 73% year to date! Amazon, Alphabet and Apple were also hit hard. As we are seeing earnings misses punished like never before.
Source: FactSet, BofA US Equity, Quant Strategy
2. Home is where the focus is…
We showed the split of mortgages by type last week. This week we’ve got a geographic split by length of rate fixation period, up to 5 years. Us Aussies and Kiwis are up for renegotiation pretty soon!
Source: Goldman Sachs: Ill Capital Management
3. A different shade of green…
There are many shades of green. If you look at cumulative carbon emissions per capita, Canada comes out on top. Meanwhile the usual carbon emission suspects in China and India are far behind.
Source: Carbon Brief