markets report 12/4/22

Sports Tuesday everyone!

U.S. stocks continued to fall because Treasury yieldsTreasury grows inexorably further up inahead of the publication of data on consumer inflation. But by the way, if inflation hits a record high again, then the suffering may stop for a while and there will be a rebound upward. Yes, and the yield spread of treasuries continues to grow, which adds a little positive.

But analysts also noted that for the 4th time inOver the past 100 years, the market has seen an active transition from growth stocks to value stocks, and from cyclical stocks to defensive stocks. The first and strongest such transition was during the Great Depression, and the last and longest during the dot-com break.

USDrub turned around and went up, at firstfell immediately by 5 rubles, but then calmed down and closed all the same below 80 rubles per dollar. In connection with the new measures, volatility will most likely be high and the ruble may still retreat against the dollar.

What can you do with the dollar at the moment:

You can withdraw up to $10k from your accountopen until March 9th. Moreover, if you have many accounts in one bank, then it is still no more than 10k. But if you have a bunch of accounts in several banks, then in this case you get the title of a cunning bug and you can withdraw $10k in each. New foreign currency deposits in dollars are not yet cashed out, but you can withdraw your money in rubles. Transfer abroad is still no more than $10k per month. Dollars are not given out to a broker at all, that is, dollars purchased at an almost stock exchange rate from a broker must first be transferred from a brokerage account to a bank account, and then taken from the bank.

You can try to bypass all this through the crypt, butthere I remind you of the warning of crypto traders, the transfer of fiat to crypto, and especially back through P2P, can raise questions from the bank like “what kind of dubious transactions” with further blocking of the account. Be very careful, in the current conditions, catching a bank account blocking is an extremely unpleasant circumstance.

And in the crypt, by the way, there is also a decrease afterthe main market, Bitcoin again fell below the $40k level. An interesting statistic: if before that the correlation of the cue ball with the technological NASDAQ 100 was neither here nor there, then since about March 2020 it has always been positive.

Rosbank shares soared 40% becausethe investment company Inteross buys out the share of this bank from the Western SOсiete General. Subsequently, most likely, they will also buy out the remaining shares from minority shareholders. If they buy them out completely, they can even remove them from the exchange, it’s not a pity because, apart from the last jump, the paper is extremely boring.

SVSL management offered divas for the firsthold the quarter, the final decision will be at the end of May, but for now the shares rolled along with the market. But Beluga, on the contrary, decided to pay dividends, although the rate is less than 2%, but still a trifle, but nice, especially this year, when dividends can become a rarity.

Oil quotes continued to move stronglydown, yesterday oil lost 4%. There are still more factors that put pressure on quotes than factors for raising. The market is watching China keep 26 million Shanghai home for now due to coronovirus, plus everyone is stressed by the upcoming massive oil sales from the International Energy Agency. BUT analysts are still confident that these sales will not solve the global imbalance of supply and demand, and it is expected that towards the end of the 2nd quarter, oil will be significantly above $100.

There is also strong pressure on oil priceshas a rising dollar, in which oil is traded. The dollar index yesterday overcame the psychological barrier of $100. The American candy wrapper has been strengthening against major world currencies for the 9th day in a row, and judging by the Fed's intention to tighten the monetary policy, the upward trend in the dollar will continue.

However, this morning the oil reversed and slightlywins back losses, as OPEC said that it will not be able to increase oil production enough to compensate for the loss in supply. Because although the EU has not yet agreed, the embargo on Russian oil is still being actively discussed, and may be included in the next 6th package of sanctions.

May profits be with you! PIS Yo!