Eurozone Retail Sales Volume
Source: The Daily Shot
$NVDA has rallied $222 per share in 2024.
Nvidia has 2.47 Billion shares outstanding. That's $222/share × 2.47B shares = $548B USA's largest bank, JP Morgan $JPM, has a total market cap of $504 Billion Said another way, Nvidia has added 1.1 x $JPM to its market cap in one month. Source: Trend Spider
Exter's Inverted Pyramid of Risk
Organized from the most illiquid and highest counterparty risk assets to the least risky and most liquid, the layers of the inverted pyramid provide a unique perspective that builds from the mindset of a counterparty-risk sensitive investor. A swift glance at the pyramid reveals that the removal of any assets on the lower end (the more narrow base), will lead to the downfall of everything associated with it on the higher end, akin to a collapsing Jenga tower. Link to the article: https://lnkd.in/ekK3Nkby Source: www.schiffgold.com
In case you missed it... bitcoin ($BTC) denominated in 25y+ US Treasuries ($TLT) is back to all-time-high...
Source: Smeet Bhatt
In the last week - Commercial Real Estate Stress
- New York Community Bank (USA) - Aozora Bank (Japan) - and now: *Deutsche Pfandbriefbank, under pressure in Europe, more real estate cracks, banking concern, etc" Source: Bloomberg, Lawrence McDonald
The Magnificent 7 are almost as big as… Gold!!
Source. Jeroen Blokland, True Insights
China Gold and Silver Sales Hit Six Year High
Sales of gold, silver and jewelry have been brisk for months, defying wobbles in the Chinese economy centered around the protracted crisis in the property market. Retail salesin December, the last month for which data is available, were at a six-year high. source : bloomberg
Cocoa is now trading at a new 46-year high after 8 consecutive green days.
In fact, 18 of the last 20 days have been green for Cocoa. It really wants an all-time high! Source: Barchart
