No energy, no prosperity.
Source: Magatte Wade @magattew
Gold's best year since 1979!
There have been only four times in history where gold has delivered stronger returns: 1979: +126.5% 1973: +73% 1974: +66.1% 1972: +48.8% Source: GoldSilver
Last 3 years:
Gold +52% $QQQ +28% Source: Mike Zaccardi, CFA, CMT, MBA
🚨 There is now a 99% chance of a 25 bps interest rate cut at next week's FOMC Meeting 🚨
Source: Barchart
Pennsylvania is the key state to watch. The winner there might takes it all.
Volatility on this state in betting websites is huge and should not be overread. A few hours ago Trump is back on top (Polymarkets). That could flip again today.
📢THE MOST IMPORTANT WEEK OF THE YEAR...
👉 In the US U.S. Presidential Election – Tuesday ISM Services PMI – Tuesday Initial Jobless Claims – Thursday Fed Rate Decision – Thursday U.S. Consumer Sentiment - Friday 👉 In the rest of the world BoE on Thursday In China, the NPC Standing Committee meeting will be closely watched for stimulus signals. 👉Earnings Notable earnings reports include Berkshire Hathaway (was Saturday), Palantir, Qualcomm and Novo Nordisk.
It doesn’t matter who becomes president. The trend is clear:
More debt creation, more money printing Source: Seek Wiser, Quinten | 048.eth
The biggest driver of US equity demand has been buybacks, with $5.5T of purchases since 2000
Source: Markets & Mayhem, Bloomberg
