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It seems ChatGPT is disrupting Internet. Now, it is Google the one that can be disrupted.
Welcome to You.com the first app that combines ChatGPT connected to Google
Bitcoin is growing faster than every financial company and bank in history
Source: Documenting Bitcoin
Nasdaq 100 year-on-year returns have been in the red for an unusually long period of time
Investors aren't used seeing red anymore... Source: Compounding Quality
Euro-Zone inflation’s sharp drop to single-digit masks underlying pressures
Euro-Zone prices rose by 9.2% in December which is lower than economists consensus expectations (9.5%). However, core inflation hits record-high 5.2%. ECB rate hikes cycle is likely to continue. Source: Bloomberg, HolgerZ
ECB Balance Sheet keeps shrinking
ECB total assets drop by another €29.7bn due to quarter-end adjustments (-€42.7bn) to €7,955,8bn, the lowest level since July 2021. ECB Balance Sheet now equals 61% of Eurozone GDP vs Fed's 33% and BoJ's 126%. Source: Bloomberg, HolgerZ
FAANGs continue to lay off employees
Source: Wall Street Journal, Wall Street Silver
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