The importance of nominal growth
Source: Barchart
The US mortgage to income ratio (% of disposable income needed to cover the cost of a mortgage) is at its highest level in history
Source: Barchart
More or less in tandem: US 10y yields and WTI oil price
Source: Bloomberg, HolgerZ
Is wage pressure in the US here to stay?
A highlighted by Tavi Costa, the word "strike" recently surged to record levels on Google trends. This surge implies a growing pressure among workers to secure improved compensation deals with their employers. Labor strikes are becoming a regular occurrence in society, reminiscent of their prevalence in the 1970s. The rising cost of living is placing significant pressure on wages to rise. Source: Crescat Capital, Google Trends
The world's best investors
Source: Compounding Quality / Chris Quinn
Anti-obesity drug is the new luxury...Novo is Europe's biggest company
Source: TME, Refinitiv
The largest automakers in the world by market cap
As highlighted by Oktay Kavrak, CFA, the largest US firm is only number 10. There is also an interesting (still relatively unknown) newcomer: VINFAST, a car brand from Vietnam. The stock is up nearly 700% since going public on the Nasdaq and - at least briefly - became the 3rd biggest automaker in the world and at one point was worth more than Boeing, Disney and Goldman Sachs. What is also notable is that VINFAST is not profitable yet. Moreover, the number of cars is still pretty low: 24,000 in 2022 (vs. millions for the more traditional automakers or Tesla). Source Chart: Leverage Shares
Three steps to investing heaven…
Source - Investing for Growth by Terry Smith thru Vishal Khandelwal
