The post-liberation day rebound is almost as fast as the covid bounce.
Only difference is this time the Fed did not inject several trillion Source: zerohedge
US 30-year Treasury yield is flirting with the 5.0% handle once again...
The last time it was trading at this level, the US administration panicked. The entire world is now watching the world's largest bond market. Source: Global Markets Investor
PAYPAL JUST INTEGRATED WITH PERPLEXITY’S CHAT --
TURNING AI SEARCH INTO A SHOPPING, TRAVEL & TICKETING PLATFORM Source: CNBC, Shay Boloor
In the US, Shelter CPI has now moved down from a peak of 8.2% in March 2023 (highest since 1982) to 4.0% today (lowest since November 2021).
Given its long lag vs. real-time rental data, a continued move lower is expected which should lead to a continued decline in core inflation. Source: Charlie Bilello @charliebilello
Here’s how many billion dollar companies there are in different countries around the world
Source: Blossom @meetblossomapp
Incredible stat: 98% of Warren Buffett's current net worth of $160 billion came after he turned 65.
"My life has been a product of compound interest." Warren Buffett Source: Peter Mallouk
Total Put/Call Ratio is now at 0.62, the lowest level since December 2020
Bulls are out in full force Source: Barchart
The FT reports that a secret meeting between US and China which took place in IMF basement paved way for tariff deal seen on both sides as a victory 👇
The first meeting to break the US-China trade deadlock was held almost three weeks ago in the basement of the IMF headquarters, arranged under cover of secrecy. "US Treasury secretary Scott Bessent, who was attending the IMF spring meetings in Washington, met China’s finance minister Lan Fo’an to discuss the near complete breakdown in trade between the world’s two biggest economies, according to people familiar with the matter. The previously unreported encounter was the first high-level meeting between US and Chinese officials since Donald Trump’s inauguration and the launch of his tariff war. The Treasury declined to comment on the secret meeting. The talks culminated this weekend in Geneva with Bessent and He Lifeng, China’s vice-premier, agreeing a ceasefire that would slash respective tariffs by 115 percentage points for 90 days". Link to FT article >>> https://lnkd.in/e_a7Rcix
