13 Oct 2023
Another $40 billion in US debt today
US national debt has jumped by $550 billion in the past 3 weeks. This is WAY above the pace of $2 trillion per year expected by the government. The US was at $31.4 trillion just 4 months ago. Debt has increased by $2.1 trillion in the past 4 months. Source: WallStreetSilver
13 Oct 2023
How it started… how it is going…
Source: X NotJeromePowell
13 Oct 2023
The Treasury Yield Curve has been steepening (i.e. uninverting) for 5 straight weeks, the longest streak in more than 25 years
Source: DB, Barchart
12 Oct 2023
Microsoft $MSFT is devoting more than 13% of CAPEX to artificial intelligence, the highest amount out of the world’s top cloud service providers
Baidu $BIDU follows with nearly 10%, while Google $GOOG and Meta $META are putting between 6-7% of CAPEX to AI. Source: FT
12 Oct 2023
Warren Buffett’s Financial Statement Rules of Thumb
Source: Brian Feroldi
12 Oct 2023
What to expect from today's US CPI data? Main take via JPM's market intelligence team
Source: JPM, TME
12 Oct 2023
Maximum 3-month total return 60/40 nominal drawdown
Source: TME, Haver
12 Oct 2023
$100k invested in the S&P 500 ETF 30 years ago would be worth over $1.7 million today
Was the road to 17x growth a straight line? Far from it... Source: Charlie Bilello
