An interesting chart by stocktwit 👉 $PLTR insider transactions in 2024:
• Buys: $0 • Sells: $3,104,510,822.09 👀👀👀👀👀 Yesterday after the close, Palantir CEO Alex Karp has announced a new plan to sell $1.2 billion of stock. $PLTR 🔴 was down -12% in after-hours trading
The price of Bitcoin is now as stable as the largest technology company stocks like Tesla and Nvidia.
Source: Documenting Bitcoin
➡️ US Treasuries rose after the minutes from last month’s Federal Reserve meeting revealed policymakers discussed pausing or slowing the balance-sheet runoff ...
... until the government’s debt-ceiling drama is resolved. 👉 Various participants noted it may be appropriate to consider pausing or slowing balance sheet runoff until resolution of debt ceiling dynamics. 👉 Many participants noted after conclusion of balance sheet runoff it would be appropriate to structure asset purchases to move maturity composition closer to outstanding stock of Treasury debt. 👉 Reserves might decline quickly upon resolution of the debt limit and, at the current pace of balance sheet runoff, might potentially reach levels below those viewed by the Committee as appropriate. 👉 Fed survey respondents forecast balance sheet runoff process concluding by mid-2025, slightly later than previously expected. Source: Bloomberg, TalkMarkets
"... a structural regime shift is finally happening within China's equity market..."
Morgan Stanley drops bearish China call. thru David Ingles on X
FOMC Minutes summary...
Source: Bloomberg, Mike Zaccardi
Interesting chart by Guilherme Tavares which calls for some caution on US equities:
1-Investors are extremely confident that stocks will go up 2-Individual allocation very high 3-Stretched valuation
EU SLAPS RUSSIA WITH NEW SANCTIONS
by Evan on X. As Trump’s administration hints at potential sanctions relief for Russia, the EU is doubling down with a fresh wave of restrictions, including a ban on Russian primary aluminum imports. Secretary of State Marco Rubio suggested that Europe will eventually have to join negotiations, stressing that “concessions on all sides” will be necessary to resolve the Ukraine conflict. Despite the shift in U.S strategy, EU leaders are holding firm, with Ursula von der Leyen insisting that the bloc remains committed to pressuring the Kremlin. Source: Euronews
Elon Musk considering sending $5,000 to EVERY SINGLE AMERICAN from DOGE savings...
Source: Barchart
