Canada: It’s Getting Worse

🇨🇦 🇨🇦 #Canadian #rents outpace income for the first time in 60 years, per BMO
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Isrsel: Short Selling Rumours Circulating

🇮🇱 🇮🇱 #Israeli authorities are investigating claims by U.S. researchers that some investors may have known in advance of a Hamas plan to attack Israel on Oct. 7 and used that information to profit from Israeli securities by dramatically increasing #short #selling, per Reuters
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J&J Is Undervalued

🚨 🚨 #Johnson & #Johnson is making a push to resolve lawsuits claiming its talc-based Baby Powder causes cancer linked to asbestos exposure to avoid facing some jury trials next year
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Hindenburg Research: Blow In The Face

🇺🇸 🇮🇳 #Hindenburg—Big Blow In The Face: The US government concluded that short-seller Hindenburg Research’s allegations of corporate fraud against Indian billionaire Gautam Adani weren’t relevant before extending his conglomerate as much as $553 million for a container terminal in Sri Lanka, a senior US official said
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China Stock Index Is Oversold

🇨🇳 🇨🇳 BREAKING: China’s benchmark stock gauge has fallen to a level seen as oversold. The CSI 300 Index dropped as much as 0.9% Tuesday to its lowest level since February 2019. That pushed its 14-day relative strength index below 30, a level some traders see as indicating the market fell too far, too quickly
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INSEAD: Indonesia Climbs 14 Spots

🇮🇩 🇮🇩 #Indonesia climbed 14 spots in INSEAD’s Global Talent Competitiveness Index for 2019-2023 compared with the previous five-year period, making it the world’s second-biggest gainer after Albania’s 16-spot jump. Still, there’s more to be done for Southeast Asia’s largest economy that placed 75th out of 113 countries
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Store Your DNA On A Card

🧠🧠 #Biomemory, a digital storage startup, has introduced DNA storage cards that store digital information in unique strands of DNA. Each card costs $1,000 and comes with one kilobyte of storage
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Do Not Be Scared Of Monday’s Market Drop

🇺🇸 🇺🇸 A break of the range of estimates for #ISM #Services PMI should prompt extended market move. Traders anticipate multiple 2024 rate cuts from the Federal Open Market Committee (FOMC)
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Gold Up But Investors Not Buying Gold ETFs

🚨 🚨 #Investors Take Note: Even though gold is going up (orange), money is not flowing into gold ETFs (blue)
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