IB of last week

IB of this week

Personal Thoughts

• Nothing happened, a stimulus driven ‘healthy’ market. Weaker dollar shall continue, hard to believe yield could edge up by 2022. Surprised to see that Yellen is so dovish - may lead to inflation concerns.

• Amazon: amazon stock is like a 30Y bond, stupid at the moment.

• DNMR：we heard that they reached a deal with Pepsi, a rising star