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Hedge funds taking over EGB trading.
Hedge fund activity represented 56% of volumes in the secondary market in 2023, up from 26% in 2018.
This trend appears to have coincided with a migration of experienced staff from banks and asset managers to hedge funds.
“20% of companies in the S&P 500 have fewer employees today than a decade ago, including McDonald’s, General Motors, Procter & Gamble, Bank of America, and Walmart.“
Source: @charliebilello
US large-cap growth is quietly making a new all-time relative high vs. value.
This is the first time since 2021.
Outside of the US, not so much suggesting US tech is leading the way again.
“Bloomberg analysis of 5 million company filings shows a big spike in departing business leaders over recent months, with more than 4,400 disclosing an overseas move over the last year.”
@CutMyTaxUK
The @Nature index
Doesn't feel like a good time to be cutting basic R&D spending.
“The Nature Index 2025 Research Leaders reveal the leading institutions and countries/territories in the natural and health sciences, according to their output in Nature Index journals in 2024.“
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Data and edu; not callouts.
Flow data is time sensitive.
(╯°□°)╯
132K Followers 4K FollowingHead of Research, Founder: @topdowncharts
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