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Gunjan Banerji
@GunjanJS
Writing about money and investing at @WSJ, Contributor @CNBC. Dancer. New Yorker. Reach me at [email protected] On instagram @ gunjansb. Views are my own.
Manhattan, NY
Joined September 2012
Posts
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    Thrilled that WSJ's first Netflix documentary, EAT THE RICH, has been nominated for an Emmy award in the business and documentary category Such a fun project to work on with the @WSJ team @charlesforelle @JAVerlaine @EmmaMoodyWSJ @BennyBip , Dan Rosen🚀🚀🚀
    One of the coolest parts of 2022 was seeing @WSJ reporting on GME come to life in the @netflix doc EAT THE RICH Big thank you to everyone who watched and shared their feedback🙏
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    GDP grew 7.6% over Trump’s four years in office. It has grown 11.8% so far during Biden’s tenure At this point, it looks as if GDP under Biden will post the strongest growth of a presidential term since former President Bill Clinton’s final four years in office @WSJmarkets
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    NEW: 25-year-old day trader Omar Ghias amassed **$1.5 million** during the pandemic stock market boom He lost it all, and is now working at a deli in Las Vegas, making $14 + tips while selling timeshares My latest for @WSJmarkets wsj.com/articles/the-r…
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    Bofa has a chart of rates going back to **3000 B.C.** Says rates are coming off "5000-year lows"
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    This bull market is built differently. A new generation of "buy the dip" investors, who were told to fear crashes but instead learned to love vol, is propping it up These bullish investors function like short sellers did previously, buying during panic My latest for @WSJheard
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    The last time the Nasdaq Composite was down more than 3% but closed up by more than 3% was **November 13, 2008** --Dow Jones Market Data The Nasdaq was down 3.45% at its low today and finished up 3.3% 🚀
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    Hard to sleep when the 10-year yield is going crazy like this
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    Goldman: "We don’t think the AI investment boom is too big. At just under 1% of GDP, the level of spending remains well below the 2-5% peaks of past general purpose technology buildouts so far."
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    Blackjack players lost nearly $1 billion to casinos in Vegas last year --the second-highest loss on record after 2007 --Nevada Gaming Control Board wsj.com/articles/why-y…
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    U.S. pension plans are also facing margin calls Pensions managed by consulting firm and insurance brokerage Willis Towers Watson have posted tens of millions of dollars in collateral over the course of this year as bond prices have fallen
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    "Looking across categories of card spending, we find that the level of spending in restaurants three weeks ago was the strongest predictor of the rise in new virus cases over the subsequent three weeks," via JPM
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    Equity futures positioning for asset managers and leveraged funds is now the **most short** on RECORD -DB
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    U.S. equity funds have recorded $30 billion of outflows over past two weeks, the largest since March 2020 market crash -Deutsche Bank
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    "As painful as 2022 has been for investors, it can get a lot worse" - @bespokeinvest The S&P 500's bear markets over the past century