Are US soft data starting to feed into hard data?
Source: Haver Analytics, Rosenberg Research
Copper is approaching a pivotal inflection point, in my view.00,000 More Sellers Than Buyers—the Most on Record. (Clone)
As highlighted by Otavio (Tavi) Costa, just as $2,000/oz was a defining level for gold, the $5/lb threshold carries similar significance for copper. "Once this level is decisively breached again, copper could enter a phase of price discovery much like what we saw with gold" he added. Let's keep in mind that Copper is central to nearly every major infrastructure initiative of the coming decade — ranging from data centers and onshoring to grid modernization, the resurgence of manufacturing, residential development, and more. Source. Bloomberg, Crescat Capital, Tavi Costa
The U.S. Housing Market Has Nearly 500,000 More Sellers Than Buyers—the Most on Record.
That Will Likely Cause Home Prices to Fall - Redfin thru C.Barraud on X
Companies with major pricing power
NB: These are NOT investment recommendations
Do you remember when the vast majority of investment banks cut aggressively their year-end target on the S&P500?
This was right BEFORE one of the best month ever for the S&P 500...
How to analyze a company in less than 5 minutes - study these ratios:
Source: Brian Feroldi @BrianFeroldi
⚠️Despite US stocks outperformance in May, this is one of the WORST years for the US stock market in history:
The S&P 500 has UNDERPERFORMED World stocks excluding the US by 12 percentage points year-to-date, the most in 32 YEARS. Source: Bloomberg, Global Markets Investor
Breaking news:
Karol Nawrocki has won Poland’s presidential election, the country’s electoral commission said, after a tight run-off vote against pro-EU rival Rafał Trzaskowski Source: FT
