Real
Source: @lynk0x
Out of 56 SP500 $SPX 10% corrections since 1928, 22 became bear markets and 34 recovered...
Source: Special Situations 🌐 Research Newsletter (Jay) @SpecialSitsNews
long-term yields continue to rise following the announcement of a major debt package, with 10y yield on the way to 3%.
Financial markets expect neither the Greens nor the Federal Constitutional Court to block the package. While a two-thirds majority is needed in parliament, legal challenges are still pending before the court. Source: Bloomberg, HolgerZ
Musk’s cuts fail to stop US federal spending hitting new record...
In February the US budget deficit was BIGGER than ALL TAX REVENUE. Can it be ever be fixed? Source: zerohedge
What a club...
Most of the billionaires who attended Donald Trump’s 2017 inauguration have since seen substantial financial losses, with none taking a bigger hit than Elon Musk, who has lost a staggering $148 billion. Source: Visual Capitalist
The Interest Expense on US National Debt rose to a record $1.178 trillion in the last 12 months, an increase of 142% over the past 4 years.
The US Government now spends more money on interest than it does on National Defense. Source: Charlie Bilello
Markets start to be leaning towards this idea...
Source: Damaan, AKA "Philly's Finest"! @Damaan4u33
Mind the gap...
WisdomTree launches first European-only defence ETF. In white >>> Wisdom Tree Europe Defence index In yellow >>> NYSE Arca Defense Index (DFI) Source: Bloomberg, HolgerZ
