Eddie Donmez

In Case You Missed It: India's Sovereign Debt Is Set To Officially Be Added To J.P. Morgan's Benchmark EM Bond Index Tomorrow 🤯

The 5th largest economy, India, will have $330 billion worth of bonds (IGBs) included in the key GBI-EM index for the first time ever.

They will join China, Indonesia, and Mexico and receive the maximum 10% weighting in the index.

Since the announcement on September 21st, 2023, there have already been $10.4bn in inflows ahead of the inclusion, according to HSBC.

Goldman Sachs estimates this will attract as much as $40 billion of investment in India's debt.

This is a big moment for India's capital markets.

It paves the way for billions of dollars of foreign inflows and is another big step in the country's economic development.

The Indian economy is certainly one to watch over the coming decades!

Historic.

The World’s Largest Asset Manager, BlackRock, With $9 Trillion AUM Has Highlighted The Five “MEGA FORCES” That Are Shaping The Investment Landscape And Driving Returns 🤯

In their mid-year outlook, they outlined the following themes:

1. Digital Disruption & Artificial Intelligence

“New AI tools could analyze and unlock the value of the data gold mine some companies may be sitting on.“

2. A Fragmenting World

“A surge in investment in areas like technology, clean energy, infrastructure and defense could create opportunities.”

3. The Low Carbon Transition

“We believe the transition toward a decarbonized economy will involve a massive reallocation of capital as energy systems are rewired.”

4. Aging Populations

“Many DMs, including the euro area and China, face a falling working-age population in coming years.”

5. Future of Finance

“We see some key changes… increased consolidation among smaller banks, banks curbing lending and more demand for non-bank lending and private credit to fill that void.”

Big themes, big opportunities.

#finance #ai #technology #data #digital #artificialintelligence #economy #investment #energy #banks #infrastructure

BREAKING: Investment Bank Goldman Sachs BEATS On Revenue & Earnings — Profits Surge 45% YoY🏆

Here are the key takeaways from their latest earnings report:

• Net Revenues: $12.70B vs $11.77B exp (7% YoY)

• EPS: $8.40 vs $6.89 exp

• Net Earnings: $2.99B (+45% YoY

• NII $2.62B vs $1.84B exp (+70%YoY)

• Annualized RoE: 10.4%

• Global Banking & Markets Net Revenues: $8.55B vs exp $7.65B (6.8% YoY)

• FICC S&T Revenues: $2.96B vs $2.96B exp (-12% YoY)

• Equities S&T Revenue: $3.50B vs $2.95B (+18% YoY)

• Investment Banking Revenue: $1.86B vs exp $1.68B (+20% YoY)

• Advisory Revenue: $875M vs $757.5M exp (5.3% YoY)

• Number 1 in worldwide announced and completed M&A and common stock offerings for the year-to-date

• Asset & Wealth Revenues: $3.75B

• AUM $3.10T vs exp $2.99T

• Total Deposits $445B

CEO David Solomon said:

“Our performance demonstrates the strength of our world-class franchise in an improving operating environment.

We continue to lean into our strengths – exceptional talent, execution capabilities and risk management expertise – allowing us to effectively serve our clients against a complex backdrop and deliver for shareholders.”

Shares are now up ~35% YTD.

GS doing GS things.

Strong.

Huge Announcement: Proud To Announce That I’m Partnering With One Of The World's Largest Hedge Funds — Man Group 🏆

I've been an admirer from afar for many years, so this is extra special for me...

With $151 billion in AUM, they’re a global investment manager, that provides innovative long-only, alternative, and private markets solutions.

Powered by cutting-edge investment technology, Man Group is not just a participant in the investment world; they're reshaping it.

Incredibly excited to be sharing some exclusive content with you over the coming months.

Creative Capital 🤝 Man Group

Let’s go!

#finance #markets #investing #trading #ai #artificialintelligence #invest #tech #technology #hedgefund #assetmanagement

Wow: I Am Absolutely Honoured To Be Ranked #7 Globally, #1 for Finance & #1 In The Whole U.K In The Favikon Top 200 List Of LinkedIn Creators Worldwide 🤯

I'm honestly pretty speechless to be ranked alongside some incredible creators and professionals that I genuinely admire.

If you are a young professional, a student (or anyone really) looking to differentiate yourself and build your personal brand - this is your sign to start writing online today.

If I can do it, I PROMISE you that anyone can.

You never know, it might just change your life!

A MASSIVE thank you to anyone who has ever engaged with my posts. I will (try) to continue to bring valuable content every day and find ways that I can give back to the amazing LinkedIn community.

Thank you!

#finance #linkedin #content #investing #wealth #invest #tech #technology

BREAKING: The World’s Most Valuable Company, Apple ($2.5 Trillion In Market Cap), Launches A New High-Yield Savings Account With Goldman Sachs Offering 4.15% APY 🤯

The scramble for customer deposits continues after the Silicon Valley Bank collapse as Apple weighs in with a new high-interest savings account.

Apple has an eye-watering 1.8 billion active devices worldwide (some people might have multiple devices) and will now allow users to 'easily set up and manage their savings account directly from Apple Card in Wallet'.

Tim Cook saw Jamie Dimon's J.P. Morgan results and wanted a slice.

Yield.

#bank #business #money #ai #apple #technology #finance #investing #tech #technology #payments #saving

Historic: Legendary Investor, Warren Buffett's Firm, Berkshire Hathaway Has Surpassed $1 TRILLION Of Assets For The First Time Ever 🤯

The craziest part?

Buffett originally started Berkshire with just under $30 million - that's a 33,000x increase in assets under his leadership.

An unbelievable success story.

Incredible.

Follow Eddie Donmez & Creative Capital for more insights like this.

#markets #investing #trading #finance #invest #wealth #assetmanagement

In Case You Missed It: The World's Biggest Bank, J.P. Morgan, Beats on Revenue & Earnings — Shares Surge +4% 🏆

Here is breakdown of their latest earnings report:

• Adjusted Revenue: $43.32B vs $41.63B exp

• EPS: $4.37 vs $4.01 exp

• Net Income: $12.9B (-2% YoY)

• RoE: 16% vs 14.5% exp

• NII: $11.69B vs $11.88B exp

• NII FY24 Guidance: $92.5B vs $91B prior

• Loans $1.34T vs $1.33T exp

• Total deposits $2.43T vs $2.4T exp

• Investment Banking Fees: +31% YoY (#1 ranking)

• Markets revenue: $7.2B (+8% YoY) - Equities +27%, Fixed Income +0%

• Average Banking & Payments loans (-2% YoY)

• Average client deposits (+7% YoY, +3% QoQ)

CEO, Jamie Dimon said:

“The Firm reported strong underlying business and financial results in the third quarter, generating net income of $12.9 billion and an ROTCE of 19%.

In the CIB, investment banking fees grew 31%, while Markets revenue was resilient, rising 8%.”

Shares are up +4% in today's trading.

Beast.

Useful visual showing the economics behind Netflix after shares tanked nearly 40% yesterday

Investors are extremely concerned about this ‘growth’ stock, well, not growing anymore.

2022 is leaving no-where to hide for subpar performance.

#markets #finance #economics #trading #investing #netflix #growth

In Case You Missed It: Europe's Most Valuable FinTech Revolut Is Spinning Out Its $9.5 Billion AUM Wealth Management Offering — Revolut Invest 🤯

The standalone app will offer nearly 5,000 assets, including US and European stocks, ETFs, commodities, bonds and CFDs according to BBG.

It has initially been rolled out in three European countries: Greece, Denmark and the Czech Republic.

And will be introduced in other European Economic Area countries by the end of the year.

London-based Revolut was recently valued at $45 billion and has around 45 million customers.

Everyone wants a slice of the lucrative retail investing market.

Invest.

Landing a top role in Investment Banking or Asset Management!

Knowing at least basic excel is absolutely essential for securing a role in finance, technology or any role really.

Check out this great excel cheat sheet. It contains some useful formulas that might give you an edge in interviews or your first days on the job👇🏼

#finance #investmentbanking #assetmanagement #technology #excel #linkedinfinance

JUST IN: Corporate Defaults Are At Their HIGHEST Level Since The Global Financial Crisis 🤯

Credit rating agency S&P Global has released new data that shows that corporate defaults in August were the worst since 2009.

The global corporate default tally jumped to 107 as of Aug. 31, 2023, with 16 defaults in August.

They now expect the U.S. and European 12-month trailing speculative-grade default rates to continue to rise from current levels to 4.5% and 3.75% respectively, by June 2024.

$800 billion of investment-grade, high-yield and leveraged loans are maturing in 2024 which will need to be refinanced at higher interest rates according to Goldman Sachs.

Interest rates are now beginning to bite.

Warning.

#markets #investing #invest #finance #trading #business #tech #technology

Spotted in New York 😂😂😂

He’s going straight to Azkaban…

The energy sector is facing a potential “Lehman Brothers” moment if governments do not provide emergency funding - Finland’s economy minister warns 🚨

Let’s break down why there are fears of a Lehman Brothers moment (which nearly brought down the whole financial system in 2008) and how this could happen:

1) European energy companies hedge their positions by selling energy contracts against the physical electricity that goes to customers

2) In order to do so, they have to put up ‘collateral” or cash

3) As electricity prices go parabolic, firms are losing millions on their short position hedge

4) Firms are then required to put even more collateral in, draining their cash reserves

5) This is triggering a liquidity crisis as we have seen with European energy firms

6) Unless firms get emergency funding, then then will become insolvent if current market conditions persist

7) At this time electricity prices are continuing to surge and volatility is only increasing, which is triggering more margin calls

8) The ‘Lehman Brothers’ moment comes if these markets seize up or there is a contagion element where energy firms suffer from liquidity or solvency issues

9) Banks could pull back from lending if there is a fear of credit losses. Lowering margin calls would only shift systemic risk from the energy sector to the financial industry

#energy #markets #electricity

Wow: Warren Buffett Just Received A Dividend Payment of $214,000,000 From Apple 🤯

Buffett will earn an mouth-watering $860,000,000 in dividend payments this year alone from his 915 million Apple shares.

After first purchasing Apple in 2016, it now makes up 46% of the Berkshire portfolio.

Incredible.

Join Creative Capital with +15,000 other top finance professionals around the world.

#markets #investing #stocks #finance #invest #tech #technology #invest #trading #dividends

BREAKING: Twitter are SUING Elon Musk, after he terminated the $44 billion LBO to buy the company🚨

If successful, Elon would be forced to buy Twitter at the original offer of $54.20 per share - this is a SIGNIFICANT premium to where Twitter is trading now. Ironically, Musk would then be forced to buy the company that didn’t want to be bought when the original offer was submitted.

This just might be part of Elon’s chess match. As Twitter would then have to disclose the number of bots on the platform under oath. If the number is materially higher than 5% fake users (what they disclosed in SEC filings) then they will almost certainly be vulnerable to lawsuits themselves.

One thing is for certain, the lawyers are about to to get PAID.

#tesla #markets #finance #trading #investing #stocks #twitter #tesla #trading #lawyers #share

“When Everyone Digs For Gold…Sell Shovels.”

#ai #artificialintelligence #markets #finance #investing #trading #tech #technology

Warning: The 2s10s Yield Curve Inversion Is The Deepest Since 1980s - This Is A Big Deal🚨

Rather than just leave you with that, since yield curves are getting a lot of attention right now I thought I would do a short explainer👇🏼

Why are they important?

Yield curve inversions have, historically, been one of the best recession forecasting tools we have. It has correctly predicted recessions for the last 50 years, the timing of that recession, however, can range anywhere from 5-24 months.

This particular yield curve, however, has now been inverted for many months already.

What’s striking is that the current spread between the 10-year yield and 2-year yield (-70bps) is now greater than what we experienced before the dot com bubble and the global financial crisis.

This indicator is important because the Fed monitors it, this consequently shapes their outlook on monetary policy.

What does a normal yield curve look like and why?

Normally, longer duration bonds have higher yields than short-duration bonds, and the yield curve slopes upward to the right. A 'healthy' yield curve. This occurs when investors are optimistic about the prospects for longer-term growth and inflation of the economy.

Buyers tend to demand higher yields in order to lend their money over longer durations as they need to be compensated for the added risk for things like inflation, uncertainty and credit risk eroding cash flows.

How does it invert and what does it signal?

When the yield curve flattens or inverts, it signals that the market thinks the Fed is tightening monetary policy too aggressively.

When this happens, markets price in lower growth and lower inflation in the long run which, brings down yields on longer duration bonds.

That causes an inversion like we see right now.

What’s next?

The Fed has already raised an eye-watering 3.75% this year, the most aggressive hiking cycle in monetary history. This has heavily influenced the short-end of the curve, moving yields up. With inflation still at multi-decade highs, the market is pricing in terminal rates of 5% next year, that means 1.25% or 5 hikes still to come before we see the peak.

This might be one of many indicators, that, when analysed together may cause the Fed to pivot and ease policy.

I hope this helps someone understand it better 💪🏼

#markets #yieldcurve #investing

Bloodbath: We are experiencing the most overwhelming display of selling in history 🚨

More than 90% of stocks in the S&P 500 declined yesterday - that's the 5th time in just the past 7 days.

Since 1928, there have been exactly 0 precedents.

Relentless selling pressure.

#markets #inflation #investing #stocks #finance #economy #interestrates #economics #monetarypolicy

Watch out: India 🇮🇳 will become the world’s most populous country in 2023 PASSING China 🇨🇳

India is expected to provide more than a sixth of the increase of the world’s population of working age (15-64) between now and 2050.

Whereas, China is currently suffering from a demographic slump and their population is poised for decline. India should pass China on April 14th according to estimates.

India is coming!

#india #china #economy

Historic: Luxury Giant, LVMH's Market Value Has Hit $500 Billion - This Is The First Time Ever For A European Listed Company 🤯

How has this happened?

On a macro level, European stocks generally have had an excellent start to the year up 14% vs the S&P 500's 8%.

This is likely being driven by China's re-opening, a relatively strong growth outlook for Europe, relatively cheaper valuations and investors diversifying away from the U.S. into Europe.

On a micro level, LVMH has a very strong portfolio of luxury brands like Louis Vuitton, Tiffany, Dior, Lori Piana and Moet Chandon - let's just say their customers are extremely price inelastic.

Despite a weakening global economic picture and near-record inflation, LVMH recorded a 17% rise in Q1 sales more than DOUBLE expectations and that's with nearly 70% gross margins.

Translating into an eye-watering €20 billion in profits for FY2022.

And with China continuing to re-open - luxury brands like LVMH and Hermes are likely to continue to benefit greatly from strong luxury sales.

LVMH just said, “What recession?!“

Ooh la la.

#growth #luxury #china #europe #markets #investing #trading #finance