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Switzerland retains $93.28 of every $100 from 2019.
The OECD gap tells a wider inflation story. E.g, the value left from a $100 budget stands at $77.16 in the U.S. In Turkey, you would have $10.93 left... Source: OECD cumulative inflation data, December 2019 to April 2026 Antony Martini
Earnings are great; Free cash flow? Not so much"
Source: BofA, zerohedge
The AI winners of 2026 won’t use every app, they’ll build the right stack.
Source: www.aiforleaders.com Adam Danyal
This visualization ranks 24 countries by the share of adults who have traveled outside their home country.
Overall, international travel is substantially more common in high-income economies, although geography and access to nearby countries also shape the results. Source: Economic Planning Council
A massive global food supply crisis could start next year because of fertilizer shortages, per JPMorgan.
Unlike oil, there is no strategic reserve for fertilizer. Source: Bull Theory, JP Morgan
The three largest foreign holders of US Treasuries all reduced their exposure in June.
🇯🇵 Japan: sold $26B, cutting holdings from $1.143T to $1.117T. 🇨🇳 China: sold another $26B, bringing its Treasury holdings down to just $633B — the lowest level since September 2008. 🇬🇧 UK: holdings declined by $9B to $940B. But the bigger story may be the collapse in foreign demand. 📉 Total foreign holdings of US Treasury bonds and notes increased by just $6.8B in June, compared with $56.6B in May. At a time when Washington needs to finance enormous deficits, its biggest foreign creditors are becoming increasingly reluctant buyers. More supply. Less foreign demand. Higher yields? 👀 Source: Bull Theory
Bloodbath in Asian Markets
Over $650 BILLION has been wiped out from Asian stocks as semiconductor and tech stocks sell off across Asian markets. 🇰🇷 South Korea's KOSPI -5.5%, wiping out ₩279.7T ($186B). 🇯🇵 Japan's NIKKEI -3.1%, wiping out ¥36.7T ($232B). 🇨🇳 China's SSE -2%, wiping out ¥1.29T ($180B). 🇹🇼 Taiwan's stock market -1.5%, wiping out NT$1.80T ($55B). Source: Bull Theory
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