From the @FT article, “China’s holdings of US Treasuries fall to lowest level since 2009:”
“Analysts say the change partly reflects China’s desire to diversify its foreign reserves by buying assets such as gold. But they add that Beijing is seeking to disguise the true extent of its Treasury holdings by shifting them to custodian accounts registered elsewhere.” Source: FT, Mohamed El Erian
➡️ US large BANKRUPTCIES are accelerating:
There were 70 US bankruptcy filings in January, in line with the largest monthly number since the 2020 CRISIS. This comes after bankruptcies hit 694 in 2024, the most in 14 YEARS. Bankruptcies are rising as if there is a crisis. Source: Global Markets Investor
The AI Arms Race: Increase in CapEx Spending over the last 6 Quarters...
-Amazon $AMZN: +143% -Meta $META: +135% -Google $GOOGL: +107% -Microsoft $MSFT: +77% Source: Charlie Bilello
$BRK Berkshire's stock portfolio end of 2024.
Source: App Economy Insights @EconomyApp
$META just announced plans to build the longest underwater cable in the world to help connect the US, India, Brazil, South Africa, and other key regions
Once complete the cable will be longer than the Earth’s circumference. Source: Evan @StockMKTNewz
Is there a secret "gold" tunnel in NY?
Source: @zerohedge on X
BREAKING: Prediction markets are now showing a 74% chance of Grok being the best AI in the world this month
Since the release of Grok-3, the odds of Grok being the best AI this month have soared +50 percentage points. In Grok's benchmarks, Grok-3 outperforms both ChatGPT and DeepSeek in multiple categories. The AI race continues to heat up. Source: The Kobeissi Letter, @Kalshi
We're currently witnessing the longest period of U.S. equity outperformance in history.
But there's a cycle to everything, and international diversification is perhaps more important today than ever before. Source: Peter Mabrouk
