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Improving market breadth for US equities
More stocks made new 52-week highs yesterday than when the major averages were at all-time highs a little over a year ago. Source: Steven Strazza
Only 0.01% of the world holds 1 Bitcoin (BTC)
There are less than 1,000,000 people who hold at least 1 BTC in an address they control. Source: Glassnode
As your time horizon extends, the probability of negative returns declines
Source: BofA
Hedge Funds Boost #Treasury Shorts to Record on Doubts Over Rally
Source: Bloomberg
China Celebrated Lunar New Year Like Covid No Longer Exists
Source: Bloomberg
Bank of Japan (BoJ) owns ~50% of Japan's national debt
Japan's national debt stands at 1,280 trillion Yen or roughly $9.2 trillion. Bank of Japan (BoJ) owns ~50% of Japan's national debt: 564 trillion yen. If they continue with same pace of bond buying, they will own all the outstanding bonds in 33 weeks Source; WallStreetSilver, SagarSinghSetia
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