🌃 Leaving London

US stocks could be due to dip | Renters turned their backs on London | [TOGETHER WITH]( Hi {NAME}, here's what you need to know for February 14th in 3:07 minutes. 🏡 It might not be time for spring cleaning just yet, but that doesn’t mean you can’t be house-proud. Join Tembo’s Polly Gilbert for [How To Start Investing In UK Real Estate]( on Monday, and discover a few property investment strategies that could spruce up your portfolio. [Get your free ticket]( Today's big stories - US stocks could be set to stumble - This lesser-known crypto could break into the market’s big five – [Read Now]( - London’s hard-pressed renters fled the capital last year Laughing Stock [Laughing Stock] What’s Going On Here? Analysts made a bold prediction this week, [warning]( that the US stock market could be in for a tumble. What Does This Mean? US stocks have begun 2023 in style, cruising along in the green and clocking up one of the best starts on record – a welcome turnaround after they had their weakest performance since 2008 last year. But strategists at Morgan Stanley (MS) think investors are living in la-la land: the firm’s number-crunchers – who nailed last year’s predictions – are now betting that this sunny spell is about to get very stormy indeed. And they could be right: see, while markets are banking on the Federal Reserve taking it easy on interest rate hikes, MS sees things playing out differently – especially if inflation data comes in hot and heavy this week. Factor in the anemic economy and the fact that earnings estimates could keep tumbling, and MS is betting that US stocks will dive to a low this spring. Why Should I Care? For markets: Fear factor. Sure, this is just one take, but there are already signs the tide is starting to turn. For one, US stocks had their toughest period of the year last week. And for another, the “put-to-call skew” – an indicator of whether investors are guarding against a drop or aiming to make money from a jump – is at its highest since August, when a two-month rally sharply reversed. That suggests folk are getting antsy, so if these signposts are anything to go by, consider going easy on risky bets for now… Zooming out: O Canada! You might want to consider taking your money north of the border for a while. The price-to-earnings ratio – a key valuation metric – of Canada’s S&P/TSX Composite Index is much [lower]( than the S&P 500’s. Plus, the market’s full of commodity stocks ready to take off with China's reawakening, from oil and gas to farm supplies and fertilizer. You might also like: [It could be the start of a bull market… or not.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Laughing Stock&utm_campaign=daily-global-14-02-2023&utm_source=email) Analyst Take Polygon Could Soon Pull Ahead In The Crypto Ranks. Here’s Why [Polygon Could Soon Pull Ahead In The Crypto Ranks. Here’s Why]( By Jonathan Hobbs, Analyst Polygon has been a [crypto project to watch]( these past months: its MATIC token is up about 60% this year, and about 250% from its low in June. And [unlike a lot of other projects,]( there actually seem to be strong fundamentals backing the move. So that’s today’s Insight: [three reasons why you might want to consider Polygon for your crypto portfolio.]( [Read or listen to the Insight here]( Finimize x Revolut There’s never been a better time to unlock [unlimited Insights with Finimize Premium](. See, you can get [six months of jargon-free financial goodness]( for free – just by [signing up for Revolut]( today. You’ll even get three free months of Revolut Premium too, with £10 (or equivalent) already in your account. [Sign up for Revolut here]( SPONSORED BY IG Pick up analysis tricks from the experts There’s really no limit on the amount of due diligence you could do when you’re investing. After all, there’s an endless list of [metrics, valuation styles, and approaches]( that you could use every time you want to size up a new opportunity. One, though, could help you time your trades and manage your risk: [technical analysis](. See, unlike fundamentalists, technical analysts look at the [price movement of an asset](, in a bid to predict its future direction. And often, they end up making [more accurate forecasts](. They’re not secret-keepers, though: [discover technical analysts’ tricks here](. [Find Out More]( Your capital is at risk. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Cheerio, London [Cheerio, London] What’s Going On Here? The streets of London have got emptier, with renters [fleeing]( the uber-expensive city at a record pace. What Does This Mean? You know something’s wrong with the rental market when people start making houses out of [dumpsters]( – but with the average London renter paying 9.1% more last month than in January 2022, that move almost seems sensible. That said, a more practical and popular option is simply upping sticks, with over 90,000 rental households leaving the city last year – the biggest exodus in over ten years. And it seems those ex-Londoners made the right call, with the average rent in the capital now at a wallet-thinning £2,141 ($2,588) a month – more than double the national average. That’s a steep asking price, especially when nearly 10% of private tenants are already falling behind on housing costs across the wider country. Why Should I Care? Zooming in: Ghost town. More than three quarters of the tenants who fled the capital kept their jobs, which means that it's a tale of two cities these days: you’ve got the real Londoners who still live in the city, plus the pseudo-urbanites who work London-based jobs from laptops further afield. Thing is, you can’t eat and drink over Google Meets – so with fewer people swilling and snacking after the office, the city’s economy is poised to take a hit. It's a similar story across the pond: it’s estimated Manhattan workers alone are spending $12.4 billion less each year now that they’re in the office less. The bigger picture: Dominoes. This trend isn’t about to fix itself. After all, when white-collar workers cut back on spending, it doesn't just mean there's less need for employees to offer them products and services: it also means that local tax revenues take a hit. And when that happens, there's less money to fund public services like sanitation and education – which could make the situation snowball. You might also like: [Here’s what Goldman Sachs thinks could happen to housing.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Cheerio, London&utm_campaign=daily-global-14-02-2023&utm_source=email) 💬 Quote of the day “If you’re going to do something tonight that you’ll be sorry for tomorrow morning, sleep late.” – Henny Youngman (an American comedian and musician) [Tweet this]( Our community wants to know your name Building a good brand is hard work. So if you’re proud of the work you do, you best make sure everyone knows about it. You could start by [introducing yourself to our one-million-strong community](: they’re a global bunch of switched-on, savvy retail investors who want to take their investing skills up a notch. And if your tips, tools, or platform – plus whatever else you have up your sleeve – could help them do that, then this might be just the right spot for you to [show off what you have to offer](. Make sure everyone knows your name: [introduce yourself to over one million retail investors](. [Get In Touch]( 🌍 Finimize Live 🥳 Coming Up This Week… All events in UK time. 💰 [How To Build A Smart Portfolio](: 1pm, February 14th 💸 [Healthy Investing Habits For Uncertain Times](: 6pm, February 14th 👩‍💻 [Opportunities For Women In Blockchain 2023](: 12.30pm, February 16th 👀 And After That… 🏠[How To Start Investing In UK Real Estate](: 6pm, February 20th 🗞 [The Relationship Between News And The Markets](: 5pm, February 21st ✍️ [What Are Investment DAOs And How Do They Work?](: 6pm, February 22nd 🌥 [Do Recessions Have A Silver Lining?](: 5pm, March 8th 🎯 On Our Radar - Impress your valentine. Butter and wine might be all it takes to [wow your date]( tonight. - A bad start to 2023. Here’s how Asia’s former richest man [lost half his net worth]( in weeks. - High-flyers. Meet the folk who have made their homes [in airplanes](. - Allergic to originality. Maybe Hollywood’s gone wrong – or maybe we need to [open our minds](. - Scandi overstatement. Scandinavian designers are actually [ditching minimalist chic](. ❤️ Share with a friend Your Referrals: 0 Thanks for reading {NAME}. If you liked today's brief, we'd love for you to share it with a friend. Share your unique link: [ You stay classy, {NAME} 😉 We’d love to hear your thoughts. [Give feedback]( Want to advertise with us too? [Get in touch]( Image Credits: Image credits: Midjourney AI | Marti Bug Catcher, mikeledray - Shutterstock Preferences: [Update your email]( or [change preferences]( [View in browser]( [Unsubscribe]( from all Finimize Emails 😴 Crafted by Finimize Ltd. | 280 Bishopsgate, London, EC2M 4AG 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 2021 [View Online](