Total Returns over Last 20 Years:
US Stock Market $VTI: +658.4% / Gold $IAU: +658.4%, Source: Charlie Bilello
INSIGHT: India, the U.S. and Pakistan top Chainalysis’ 2025 Global Crypto Adoption Index, followed by Vietnam and Brazil
Source: Cointelegraph
Gold knows
Gold is following the Japanese 30 year, pricing in "spillover" risks... Source: TME, LSEG workspace
U.S. Top 10 Tech Giants Reach $22 Trillion Market Cap in August 2025
As of August 29, 2025, the combined market capitalization of ten leading U.S. tech companies: Alphabet, Amazon, Apple, Broadcom, Meta, Microsoft, Netflix, Nvidia, Oracle, and Tesla, hit a record $21.95 trillion, representing roughly one-third of the U.S. equity market. From 2012 to 2025, their market cap grew at a 23% compound annual growth rate (CAGR), underscoring their dominant role in shaping market performance. Source: Econovis
In the AI race between Alphabet $GOOGL and Microsoft $MSFT, Alphabet is once again clearly ahead
Since the launch of ChatGPT, Alphabet stock has risen nearly 128%, while Microsoft's share price has only increased 98%. Source: HolgerZ, Bloomberg
Lots of talks about seasonality these days...
If you believe in election cycle, we are in for a stretch of sideways at best. Source: Nautilus thru RBC
The gap in 🇺🇸 consumer confidence is widening.
Wealthier households remain upbeat, while middle-income sentiment has slumped sharply since June — now looking closer to lower-income pessimism. It’s the middle class that’s starting to feel the squeeze.
More seniors than toddlers — a turning point in demographics
Slow, steady, and unstoppable—like a glacier—demographic shifts are quietly transforming economies and societies. UBS highlights how changing age structures, migration, and longevity are not just slow-moving backdrops but fundamental forces that will define markets, growth models, and policy choices for decades to come. A reminder that some of the most profound transformations happen quietly, in plain sight. source : ubs
