8 Dec 2023
The average credit card interest rate right now has risen to 27.81%
And that's with U.S. credit card debt hitting new record highs north of $1,000,000,000,000 Source: Hedgeye
8 Dec 2023
The correlation between US stocks and bonds over the last 2 years is the highest we've seen since 1993-95
Source: Charlie Bilello
8 Dec 2023
Bloomberg Commodity Index drops to 2-year low as investors grow increasingly nervous about demand
Source: HolgerZ, Bloomberg
8 Dec 2023
Ivana SPEAR just published Spear's AI primer and ecosystem map!
While most people are focused on the application layer (e.g., ChatGPT, Copilot 365), there is much more to the AI opportunity.
8 Dec 2023
The S&P 500 technology sector's relative strength versus the broad market is at its highest level since March 2000
Source: Charlie Bilello
7 Dec 2023
How much of the bonds outperforming stocks market action we've seen in the last couple weeks is a function of strong rebalancing flows given bond underperformance this year?
As highlighted by Bob Elliott, even part of this years 1.5tln pension fund stock/bond imbalance happening now could have quite an impact.
7 Dec 2023
Regarding the stock market, the sp500 is exactly at the same level it was two years ago today, December 6, 2021. As the black line shows, the change in the index is up just 0.17%
Meanwhile, the 3-month T-Bill (orange line) is up 6.3% over the same period. Source: Bianco Research
7 Dec 2023
Jamie Dimon said that Bitcoin is primarily being used for criminal activity
Below are some facts about Bictoin and its use for illicit activities. Source: The Bitcoin Therapist
