Central Bank Rate Decisions This Week
source : Bloomberg
Year-to-date performance by Hedge Fund strategy
source : tme, GS prime brokerage
US energy production hits new record high
The United States just hit a new all-time high in energy production, reaching 103 quadrillion BTUs in 2024. This record was driven by strong growth in renewables — with solar up 25%, wind up 8%, and biofuels up 6%. Crude oil output also reached a record 13.2 million barrels per day, keeping the U.S. as the world’s top producer. Natural gas remained the largest energy source, while coal production fell to a 60-year low. Source : chartr
The S&P 500 recently saw its 7th “near” bear market since WWII, dropping 18.9%.
Historically, after the previous six similar declines, the market rebounded every time — with an average gain of 13.4% over the following year. History doesn’t repeat, but it often rhymes… source : bespoke
The market cap of the S&P 500 is now at $53.7 Trillion
Source: econovisuals
The US Senate has advanced the GENIUS stablecoin bill with a 68-30 vote, setting it up for debate and a full floor vote before potentially heading to the House.
DO NOT UNDERESTIMATE THE CONSEQUENCES OF THIS BILL !!! 1. Clear Regulatory Standards and Reduced Uncertainty on stablecoins should lead to accelerated Institutional Adoption and Mainstream Integration By providing a transparent legal framework, the Act is expected to encourage major financial institutions (such as banks) to issue and use stablecoins, integrating them more fully into mainstream finance. This could lead to greater liquidity, increased competition, and more innovation in digital payments and financial services. 2. Market Consolidation and Competitive Filtering The Act is likely to eliminate weaker or non-compliant stablecoins, resulting in a more concentrated and competitive market dominated by well-regulated issuers. The big guys are likely to grab more market share 3. Strengthening the U.S. Dollar’s role as the leading mean of payment By mandating that stablecoins be backed by U.S. dollar assets, the Act would reinforce the dollar’s status as the world’s main payment currency 4. Increase demand for U.S. Treasury debt. This move is seen as a strategic effort to maintain American leadership in global finance and absorb more government debt through stablecoin reserves. 5. Counter-attack against the probable rise of the digital yuan and non-dollar CDBCs The GENIUS Act mandates that U.S. stablecoins be fully backed 1:1 by U.S. dollars or short-term Treasuries, ensuring that digital dollars remain trusted, liquid, and globally accessible. This strengthens the U.S. dollar’s position as the world’s primary digital settlement currency, directly countering efforts by China to internationalize the eYuan (digital yuan) as a global payment standard. By making digital dollars safe, legal, and widely available, the GENIUS Act helps prevent a scenario where the eYuan could displace the dollar in international trade and finance. This protects U.S. economic influence and the purchasing power of Americans
Why position sizing is so important 👇
Source: Investing visuals on X
US companies are eating tariff costs, as margin pressures persist for an 8th straight month.
Source: zerohedge
