海外研报

Consumer Checkpoint Facing hurdles or the high jump?

• Bank of America aggregated credit and debit card spending per household fell 0.4% year-over-year (YoY) in July, compared to a

Apr-Jun earnings wrap: Solid progress; expect profitgrowth after sell-off,

Apr-Jun results confirmied solid progress in line with expectations, Yen deprecintionduring the quarter (+13% YoY) made a large contribution, However, it seems sharepeiees this earnings

Global FX Trader Counting Down to Cuts

USD: Cut but don’t run. The time for cuts has come, and FX markets clearlysee that as a time to short the Dollar. It is understandable because the Dollar

Thoughts on the Pullback; Positioning intel; GTLB, ZS

Lots of questions yesterday about the Al/Semis pullback/vol shock, Really still no consensus explanation, but a few thingskept coming up in conversations: 1) In the wake of some earings disappointments (particularly memory -- and with that

GD--NERVOUS BULLS

September’s risk relapse is a reminder that the summer turbulence has impaired market sentiment. ▪ Slowdowns do not necessarily portend recessions, nor are stock market corrections necessarily the harbinger