#Schuldensuehner : #German govt earns billions by making debts. This year, Berlin will earn >€11.6bn by selling govt bonds, a fresh ATH acc to @BarkowConsult, thanks to negative interest rates and premium income from issuing bunds above par. https://t.co/UnaqkCRJjQ via @welt https://t.co/3j9x0iEuPb
#Schuldensuehner : Global stock mkts gained another $2tn in mkt cap this week as investors continue to pile into mega-cap Tech stocks and do not appear to be overly concerned about rising Covid-19 infections. Global mkt cap now equal to 98.5% of global GDP. https://t.co/twXtPja6tx
#Schuldensuehner : OPEC, Allies set to ease oil cuts, Anticipating demand recovery in a bid to avoid an #oil-market taper tantrum. Saudis propose relaxing the group’s curbs by 2 million barrels a day.
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#Schuldensuehner : My horizon in the next three days. Enjoy the silence! @ Lindau Bodensee, Bayern, Germany https://t.co/y2MEhHSfr2
#Schuldensuehner : Don't miss our @welt podcast, this week a Q&A special w/ mkt education you always dreamed of, but never quite got around to. You will learn why timing has never been as dead as it is now. If you tried to time Dax & missed best 5d, you are still near yr low https://t.co/PMWgnhohTx https://t.co/YLsAsE3T5T
#Schuldensuehner : @guado77 @LidlItalia Also this year it goes to Italy. Lindau is only our stopover.
#Schuldensuehner : @TheZingOne Thx for your kind words. You'll get a few tweets every day, even on vacation. From Thursday onwards from #Italy.
#Schuldensuehner : Good Morning from #Germany where total Coronavirus infections hit 200k vs 209k in #France and 243k in #Italy. There were 210 new cases in the 24h through Mon in Germany. That compares w/almost 7,000 at peak of the pandemic in Mar. But infection Rate-rate above key threshold of 1. https://t.co/ot44wXBJ7D
#Schuldensuehner : Polish Zloty unchg after Polish Election Commission sees Duda to win presidential ballot. Means that ruling Law and Justice (PiS) is fully in control w/controlling the Presidency, the govt and the Lower House of Parliament at a time of unprecedented polarisation gripping #Poland. https://t.co/ZXVc8gIsXI
#Schuldensuehner : Global mkts start week in Risk On mood on vaccine hopes & earnings optimism w/Nikkei up >2%. US and European Futures higher as well. Bonds steady w/US 10y yields at 0.64% and 10y Bunds at -0.45%. Oil drops on signs OPEC+ preparing to taper production cut. Gold $1807, Bitcoin 9.3k https://t.co/WMe6jbH8Q0
#Schuldensuehner : #ECB’s no-limits stimulus isn’t yet opening door to yield targets. The policy of intervening in market to keep bond yields at a specific level was adopted by BoJ almost 4yrs. BUT Bond yields are at the heart of debate over how to manage massive debt loads. https://t.co/E6hHZNsmwo https://t.co/jYbMUL0DgS
#Schuldensuehner : The everything rally in one picture: Stocks are becoming more tightly correlated in a sign of exuberance. (via BBG) https://t.co/M8YWLQxBvU
#Schuldensuehner : Just to put things into perspective: #Tesla is priced at 6,348 times 2019 earnings. Stock is priced at 166 times 2021 earnings, 20 times book value, & 7* sales. Toyota, biggest auto comp by mkt value after Tesla, sells for 61% of sales & 91% of book value https://t.co/cnGA3OVGkz https://t.co/R1FPPFDbTN
#Schuldensuehner : RT @Schuldensuehner: Don't miss our @welt podcast, this week a Q&A special w/ mkt education you always dreamed of, but never quite got around to. You will learn why timing has never been as dead as it is now. If you tried to time Dax & missed best 5d, you are still near yr low https://t.co/PMWgnhohTx https://t.co/YLsAsE3T5T
#Schuldensuehner : #Google has crammed the top of search results with ads & direct answers, leaving web businesses paying more for online traffic in kind of anti-competitive behavior. Some say the search giant has gone too far. Google recently joined the $1tn-Dollar-Club. https://t.co/8kP12iQtJS https://t.co/3B8qHOeo4H
#Schuldensuehner : European Union carbon permit price hits 14y high as speculative buyers bet on political efforts to cut emissions that could rely in part on the carbon trading system. Carbon price rises >€30 for first time since 2006. https://t.co/pDv6M5jQrs https://t.co/TTCQNUrAda
#Schuldensuehner : #Tesla soars on optimism for ‚battery Day,’ India market entry, possible S&P 500 inclusion: The incredible rally in the stock has left Wall St analysts struggling to make sense of the sky-high valuation. https://t.co/DeZzntHyKB https://t.co/c7p4STLBoT
#Schuldensuehner : The US posted its worst budget deficit on record in June: The nation’s budget gap expanded to $864.1bn during the month, reflecting a record $1.1tn in outlays tied in large part to a surge in Paycheck Protection Program. https://t.co/HYoj8oqydU https://t.co/oMB1pfEgsc