📢 Pension Funds and Target Funds could buy a combined $105 Billion of U.S. Stocks for monthly/quarterly rebalancing, according to UBS 🚀 🚀🚀
Source: Barchart
China Saves Fiscal Power for Trade War as Spending Progress Lags – Bloomberg
China’s government appears in no rush to implement its budget, as Beijing preserves spending power to counter any damage inflicted by higher US tariffs. The combined expenditure in the general public budget and the government fund account, China’s two main fiscal books, rose to 5.65 trillion yuan ($779 billion) in the first two months, an increase of 2.9% from the same period a year earlier, according to Bloomberg calculations based on data released by the Ministry of Finance on Monday.
STATOISTICS | India and China's passports are the weakest among big economies
Large economies except China, India and Brazil have reached the advanced level of economic productivity and hence are net importers of labour. Source: The Times Of India @timesofindia
A major theme for the years to come...
A massive wage arbitrage has opened between the US and its competitors. The overwhelming majority of people in the US have no idea just how much more money they make than the Japanese, French, British, etc. Source: Jeff Weniger
Cathie Wood and Ark Invest remain bullish on Tesla $TSLA expecting the stock to hit $2,600 in five years, with 90% of its value coming from robotaxis
- Bloomberg
CTAs have now built the largest short position in Oil since 2014
Source: Barchart, The Daily Shot
We have come along way...
Source: Out of Context Human Race @NoContextHumans
“The only real mistake is the one from which we learn nothing.” – Henry Ford
Source: Charlie Bilello @PeterMallouk
