Alibaba’s share placement was oversubscribed by sovereign wealth funds. I suspect Temasek or GIC could be among the investors! 🤔😆
But interestingly, Michael Burry isn’t on board.
He sold his entire Alibaba position and bought JD.com instead 😉. What do you think ? Was that a smart move?
This week is a huge. Jackson Hole Symposium will likely bring much more needed clarity on Fed rate policy. I expect volatility! 😆😆😆
I also watch Nvidia closely. Its performance could push the S&P 500 and Nasdaq to fresh all-time highs! 📈🚀
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