$AAPL Apple gets upgrade at KeyBanc, Wedbush keeps bullish views amid Trump's tariffs scenario.
$APPL is up +4% Source: @DivesTech
NVIDIA TO MANUFACTURE AMERICAN-MADE AI SUPERCOMPUTERS IN US FOR FIRST TIME:
RTRS NVDA PLANS TO PRODUCE UP TO $500BN INFRASTRUCTURE IN THE US US VIA PARTNERSHIPS WITH TSMC, FOXCONN Source: zerohedge Image by created with DALL·E
Global M2 (in orange) vs bitcoin lagged 10 weeks (in blue)
M2 proxy vs BTC continues to hold. Could the surge in Global M2 push $BTC to new highs?
Isn't it the most compelling chart for being a stock market investor?
Over the last 50 years: -US Inflation: up 6x -S&P 500 dividends: up 21x -S&P 500 total return: up 323x Over the long run, stocks trounce inflation and protect your purchasing power. Source: Peter Mallouk
This is a fascinating chart for anyone looking at the gold-to-silver ratio in a historical context - courtesy of Otavio (Tavi) Costa.
Over the past 125 years, the ratio has only spent brief moments above the 100 level — extremes like this tend not to persist for long... Source: Tavi Costa, Crescat Capital
Crazy numbers coming out of China
A $100 billion (goods) surplus in March, a $275 billion goods surplus for q1 (up from $185 billion last year) and a surplus of nearly $1.1 trillion over the last 4 quarters... The easy explanation is tariff front running. But it seems "too easy" as an explanation. China's exports to the US and the EU look identical -- and there is no "reciprocal" tariff threat out of the EU. Same story with emerging markets: more exports and fewer imports. Source: Brad Setser @Brad_Setser on X
Mag7 stocks trade at the cheapest in more than 2 years
Source: Mike Zaccardi, CFA, CMT @MikeZaccardi
China has suspended exports of certain rare earth minerals and magnets to the U.S. and other countries
It’s also drafting new regulations to block these materials from reaching American companies Source: Stocktwits
