Hedge funds are loading up on japanese stocks with the Nikkei at all-time highs
Source: Win Smart, CFA
JUST IN: The bitcoin supply squeeze ->
US Spot Bitcoin ETFs bought over 9,000 BTC yesterday, while miners only produced ~900 BTC 👀 Source: Bitcoin magazine
Interest rate cut expectations continue to scale back: Markets now see a ~38% chance of 4 interest rate cuts in 2024
Just over a month ago, the base case showed a 50%+ chance of 6 interest rate cuts in 2024. Meanwhile, odds of a March rate cut are down to 3% and odds of a May rate cut are down to 19%. For the first time in 2024, markets are close to the Fed's latest guidance of 3 cuts in 2024. Source: The Kobeissi Letter
Did you see that Crypto Markets are now worth over $2 Trillion again?
These were the magazine covers as Crypto was bottoming in November and December of 2022. Keep in mind, this asset class was down towards just $730 Billion TOTAL in the fall of 2022. Source: Allcharts, J-C Parets
BREAKING: A strong intraday reversal by apple stock $AAPL
After they announced they have CANCELLED their work on designing an electricvehicule to focus on artificialinteéligence.
Artificial Intelligence is projected to increase the GDP by 130% according to Cathie Wood's Ark Investment Management
This is significantly higher than all major advances in technology including the Steam Engine and the Internet. Source: Barchart, Ark Invest
A nice visual by Visual Capitalist.
There's $450 Trillion in Global Wealth. There are 60 million millionaires. Forecast to be 86 million millionaires by 2027. The number of people in the lowest wealth range has fallen dramatically. The middle class doubled since 2000. https://lnkd.in/eVpj_Uk8
The Keys to success
by-agrassoblog.org
