Carta’s Post

The venture capital market is hotting up – and so is Carta's data 🔥 Look out for weekly snapshots of the latest #startup and #privateequity trends.

Hello LinkedIn, I’m here to share a Monday Market Update for the Seattle and Bellevue markets. Every Monday we will give you one number that helps inform you about the real estate market so you can make better decisions.  Today, we’ll cover the Market Action Index, which indicates the market's pace by comparing sales rates to inventory levels, helping us understand if it's a seller's or buyer's market. Think of it like a car speedometer - the higher the number the faster the market is moving.  Click the video below hear more about the Market Action Index and keep an eye out every Monday for more updates. Thanks for tuning in! #realestate #marketupdate #seattle #bellevue #risegroupcompass #marketactionindex

11/100 days of Finance Terminologies Exploring the Santa Claus rally phenomenon in the stock market: theories range from year-end tax planning and a festive mood on Wall Street to the influence of holiday bonuses.💸💸 Retail investors often take the lead during this period as some institutional investors wrap up their books before vacations. The rally is also attributed to increased holiday spending and a seasonal sense of optimism. 🎄🎄 However, it's essential to note that, like many market anomalies, the Santa Claus rally may be unpredictable with no guaranteed future occurrences. ✅✅#Finance #Investing #MarketTrends

Summer was relatively sleepy with volatility settling while interest rates continued creeping higher. These factors contributed to a lower cost of portfolio protection if using protective put options. Will costs remain low or might they climb as a sleepy summer comes to a close? Learn more in our latest Market Perspective > https://bit.ly/3Pxcnnk

In a new paper with Terry Hendershott, we use exchange message data from the TSX to quantify the amount of private and public price discovery in trades and quote updates in large cap Canadian equities. Key findings: 1. 20% of trades and quote updates are races. 2. Market-wide price changes cause races and more so in stocks with higher betas. 3. Races have more price impact than non-races, but most price discovery occurs via non-races. 4. HFTs are involved in nearly every race, but a substantial amount of HFT price discovery occurs in non-races. We also use the model to test predictions of theory that considers strategic order submissions from informed traders. Consistent with this growing theory area, we find a positive association between the amount of price discovery in trades when volatility is high and when stocks are tick constrained. Link to the paper here: https://lnkd.in/gkVhsxzV   Thanks to TMX Group and especially Corey Garriott for guidance and support with the data.

The August swoon for U.S. equities continued, as rising interest rates and seasonal weakness kept investors on edge. The S&P500 Index has finished lower in 12 of 14 sessions this month. Meanwhile, the Nasdaq composite sank 2.5%, while the Russell 2000 plunged 3.5%. Long-term U.S. Treasury yields reached their highest levels since 2011, with the 30-year bond settling near 4.38% amid the U.S. dollar's sustained rally. Retail sales came in stronger than expected in July. And, 30-year mortgage rates have soared above 7%, the highest levels since 2002. Graham shares all of this, plus more on the international market in the Weekly Wrap-Up for this week! https://lnkd.in/g5qaJupG

Interest Rates Warren Buffet versus Ackerman Buffet is only buying T-bills. That is not trading interest rates. That is meaningless. Right now bond market continues to act heavy. I bought the lows Friday sold them out today. I don't like the action in the Bond Market at all. #assetly

As things start to stabilise in the property market, here are some thoughts around making the right moves.

December is always a nice time to reflect on the past year. And with the major indices up double digits it seems we are having a good year. But was it? Like every year, the path from January to December is never a straight line. Every year is full of surprises. Here are the top ten surprises I thought we saw this year. Click the link to read the top ten from our CIO, Benjamin Lau, CFA®: https://lnkd.in/gXNfnQDn

In November, U.S. equities marked a fifth consecutive week of gains, with the S&P500 and Nasdaq rising 0.8% and 0.4%, and the Russell 2000 surging 3%. The energy market saw fluctuations around the OPEC meeting, ending with no new cuts. U.S. Treasury yields declined due to eased global inflation concerns. Fed governors expressed confidence in the current policy to manage inflation and economic slowdown. Inflation data, including the Core PCE Index, showed signs of moderation. Eurozone and Asian inflation rates also softened. Black Friday saw record online sales in the U.S., reaching $9.7 billion. Despite a softening job market, consumer confidence increased. Australia's retail sales slipped, contrasting with the U.S. trend. U.S. new and pending home sales disappointed, impacted by rising home prices and mortgage rates. The second estimate for U.S. GDP rose to 5.2%, and the trade deficit widened. In China, manufacturing activity contracted due to weak demand from the Eurozone and the U.S. The U.S. Manufacturing PMI also reflected a slowdown. Graham shares details on all of this and more in this week's Weekly Wrap-Up! https://lnkd.in/d_maHauX