Hey Reader, you’re on the free edition of Finimize.
Upgrade to Premium: no ads, a third story every day, free events, and loads more on our mobile app. Start for free here

Today's big stories

The New York Stock Exchange scrapped plans to delist three Chinese telecom giants
Saxo Bank laid out why this could be the year that new regulations end up seriously hurting Amazon, Alphabet, and Facebook – Read Now
Danish bank Nordea started offering interest-free mortgages

Exchange Of Heart

What’s Going On Here?

The New York Stock Exchange (NYSE) suddenly remembered what a special thing it had with three Chinese telecom giants on Monday, and it backtracked on its plan to delist them altogether.

What Does This Mean?

It was only last week that the NYSE announced it’d be delisting China Mobile, China Telecom Corp, and China Unicom Hong Kong – three of the 35 companies the US government just banned Americans from investing in. Now, though, the company’s changed its mind. The NYSE didn’t give any specific reason for the U-turn, other than to say it came after “further consultation” with regulators. But there’s been a lot of confusion around what the ban would actually mean for US stock exchanges, so it’s hardly a stretch to think that all the hassle could have something to do with it…

Why Should I Care?

The bigger picture: Can’t we all just get along?
Investors tracking the NYSE had just started to sell the telecom companies’ shares, but this announcement put a stop to all that: the firms’ stock prices surged after the news broke. The Chinese yuan, meanwhile, jumped versus the US dollar. That's likely because investors are hoping the NYSE’s reversal could be the first sign of easing US-China tensions, which some analysts think could thaw even more when the new US administration comes into power later this month.

Zooming out: Bigger fish to fry.
Trade war or no trade war, China’s stocks are flying: the country’s major stock index – fueled by an economic rebound that’s outpaced every other major economy – reached its highest level in 13 years on Tuesday. And while nervous investors might remember the country’s last major stock market collapse in 2015, there’s one big difference this time around: the Chinese stock market is cheaper by one key measure, giving it much more room to keep climbing.

You might also like: How to find China’s best-performing stocks in 2021.

Copy to share story: https://www.finimize.com/wp/news/exchange-of-heart/

🙋 Ask a question

2. Analyst Take

Amazon’s Can’t Hide From Big Tech Oversight Forever

What’s Going On Here?

Amazon’s been getting bigger and bigger thanks to the pandemic, but it’s been getting more and more attention from regulators too.

And if the US or European Union (EU) decide to really go on the attack, Saxo strategist Althea Spinozzi reckons the tech giant – and others like it – will struggle to hide.

See, Althea uses the hypothetical idea that Amazon could relocate its headquarters to Cyprus and form a “tech republic” to shield itself from prying eyes.

But according to Althea, a move like that could backfire.

So that’s today’s Insight: why Big Tech’s self-preservation strategies could be doomed to fail, and how to mitigate the risks to your portfolio if regulators choose to crack down this year.

Read or listen to the Insight here

🤸‍♀️ Upgrade your fitness with obé

Working out should be fun. Good thing obé Fitness are here to shake things up.

Their online fitness platform brings you the best instructors in NYC. With 22 live classes a day and over 5,000 on-demand workouts, you’ll never miss leg day again.

And all of this is the price of a single studio class: $27 per month. Not bad for everything from Pilates to dance cardio, strength to boxing…

Right now, you’ll get a seven-day free trial and 30% off your first month – just use code FINIMIZE.

Start Your Free Trial

Turn off adverts

Bargain Basements

What’s Going On Here?

Nordea is practically giving new homes away: the Nordic bank started offering its Danish customers interest-free 20 year mortgages on Tuesday (tweet this).

What Does This Mean?

Denmark might be small economically speaking, but it’s a big deal when it comes to interest rates: the country’s rates have been negative since 2012 – longer than anywhere else in the world. That environment has encouraged its banks to slash their mortgage rates to unprecedented levels too, with Jyske Bank launching the world’s first negative rate mortgage two years ago – effectively paying borrowers to take out the loan. And now Nordea has once again decided to offer super-cheap mortgages, while others like Danske Bank – the country’s biggest – signaled they may follow suit.

Denmark’s not the only country whose mortgage rates are plummeting. With major central banks slashing interest rates to boost their pandemic-hit economies, commercial banks worldwide have been doing much the same thing. Just look at the US: the country’s mortgage rate dropped to 16 record lows in 2020, and it’s now just shy of its lowest level since tracking began.

Why Should I Care?

For you personally: Stay sharp out there.
With coronavirus still wreaking havoc on the world’s economies, central banks aren’t exactly likely to raise interest rates this year. That’s important to know: low rates are good for stocks, spurring on company earnings by lowering borrowing costs. Just be ready for the moment you do catch wind of an interest rate hike: it could have the opposite effect.

Zooming in: Stay safe out there.
Bonds should – at least in theory – be less popular among returns-hungry investors when interest rates are so low. But even though more than a quarter of global bonds are currently offering negative yields, investors are still flocking to them. That might have something to do with just how much value investors put on “safe haven” assets in times like this.

You might also like: What do ultra-low interest rates mean for your investments anyway?

Copy to share story: https://www.finimize.com/wp/news/bargain-basements/

🙋 Ask a question

💬 Quote of the day

“History has shown us that courage can be contagious, and hope can take on a life of its own.”

– Michelle Obama (an American lawyer and author)

Tweet this

📈 Earn income from – checks notes – your crypto?

Let’s face it, you probably know crypto for its ups and downs.

What you probably don’t know it for is the steady income it can provide.

But with Aave, you’ll earn an income on your crypto no matter whether you’re working, playing, or sleeping.

Just choose your preferred asset, decide how much you want to deposit, and you’ll start earning interest based on the market supply and borrowing demand.

Aave’s decentralized platform has been audited and secured, and since it’s completely transparent, you’ll have full oversight of all your assets.

So that means both security and income: check out Aave today.

Find Out More

Turn off adverts

📚 What we're reading

Are we doomed? (Vox)
There could be big money in robot security guards (Knightscope)*
The musical no one knew they needed (AV Club)
So… how’d tech get on last year? (Sifted)

*This sponsored content welcomes our new robot overlords.

❤️ Share with a friend

Your Referrals: 0

Thanks for reading Reader. If you liked today's brief, we'd love for you to share it with a friend. If they sign up on your unique link, you’ll earn some sweet swag.

Share your unique link:

https://finimize.com/invite/?kid=177ZWC

You stay classy, Reader 😉

We’d love to hear your thoughts. Give feedback

Want to advertise with us too? Get in touch

Image Credits:

Image credits: Framesira - Shutterstock | goir, YummyBuum - Shutterstock

Preferences:

Update your email or change preferences

View in browser

Unsubscribe from all Finimize Emails

😴

Crafted by Finimize Ltd. | Third Floor, 1 New Fetter Lane, London, EC4A 1AN, UK.

All content provided by Finimize Ltd. is for informational and educational purposes only and is not meant to represent trade or investment recommendations. You signed up to this mailing list at finimize.com or through one of our partners. © Finimize 2020

Finimize - 💀 They're coming for you, Amazon

Today's big stories

Exchange Of Heart

What’s Going On Here?

What Does This Mean?

Why Should I Care?

Amazon’s Can’t Hide From Big Tech Oversight Forever

🤸‍♀️ Upgrade your fitness with obé

Bargain Basements

What’s Going On Here?

What Does This Mean?

Why Should I Care?

📈 Earn income from – checks notes – your crypto?

Older messages

🍾 New year, new something?

😷 Remind me what just happened?

😱 IPOs really are canceled

🚗 Apple runs Google off the road

🤫 Don't worry about Tesla

You Might Also Like

John's Take 11-28-24 Puttin’ it on Plastic

Staying afloat: the impact of flooding on UK firms

🇺🇸 US inflation rose

Don’t think you can afford life insurance?

What are you hiding Elon?? (Tesla’s secret 69% dividend)

Giving thanks for inflation, Paul Mescal and more

💚 Holding space for career pivots

Harry's Take 11-27-24 Michael Saylor Has Seen an Impressive Learning Curve Playing Bitcoin at MicroStrategy!

The heterogenous effects of carbon pricing: macro and micro evidence

💉 A slimming proposal