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- SPOT_ON·10-09 14:27TOPChinese shares are underperforming the S&P 500 Index by the largest margin in history. The MSCI China index trades on around 11 times expected earnings for the next 12 months. Jefferies’ Wood maintains that Beijing wants the stock market, rather than real estate, to become the repository of Chinese savings. More than $25 trillion dollars of household savings are currently parked in deposit accounts. They won’t stay there forever.1Report
- cheezi·10-09 14:32AI compute arms race is nowhere near done, NVDA hardware moat still looks deeper than software. CUDA lock-in is the part people keep underpricingLikeReport
