All the world's gold, in one visual
There are 216,265 tonnes of gold above ground… and another 132,118 tonnes still waiting below Where is it all? Jewelry: 97,149t Central Banks: 37,755t Industry & Tech: 32,727t Bars & Coins: 48,634t Source: ⚡️AIGOLD⚡️ @AIGOLDOfficial
Retail investors and Quants dominate US stocks trading
Source: Empirical research, RBC
HSBC forecasts that OpenAI is going to have nearly a half trillion in operating losses until 2030.
https://lnkd.in/eMkGJKyi Source: Jack Farley @JackFarley96, FT
This is probably why the markets love Alphabet $GOOGL - at least for now.
Over the last 12 months, Alphabet generated $151.4B in operating cash flow, enough to: A) Spend $77.8B on capex B) Repay $19.8B of debt C) Buy back $59.5B of stock and pay $10B in dividends This is elite cash-machine territory. With much quality / over-indebtedness than with some of the other AI names Source: Gainify @gainify_io
Breakout Alert 🚨: Gold
Source: Barchart
The Russell Micro-cap Index includes the smallest 1000 securities in the Russell2000 Index, plus the next 1000 smallest eligible securities by market cap.
This index is on pace to finish November at its highest monthly close in its entire history. Risk appetite or Risk aversion? Source: J.C. Parets @JC_ParetsX
🚨 Major investors are DUMPING Japanese government bonds:
The Bank of Japan, domestic banks, insurers, and others have net sold -¥10.7 TRILLION in Japanese Government Bonds (JGBs) in September, the most EVER. Demand for Japanese debt is falling; no wonder yields are rising. Source: Global Market Investors, Bloomberg
It now looks as if the race between Microsoft and Google for the best AI strategy has been decided
Source: HolgerZ, Bloomberg
