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CAUTION: In the US, Credit card interest rates have skyrocketed to a shocking 21.47%
Moreover, credit card debt has crossed the $1 trillion mark. And personal interest payments have risen to over $500 billion. To make things worse, excess savings have now run out Source: Game of Trades
Nvidia, $NVDA, is making some INSANE moves:
From June 20th through June 24th, Nvidia lost $600 BILLION of market cap in 3 trading days. Today, the stock has added $250 BILLION in market cap from its pre-market low. That's an $850 billion swing in market cap over just 4 trading days. To put this in perspective, that's a swing of 1.5 TIMES the value of Tesla, $TSLA, in just 4 days. Nvidia is casually swinging almost $1 trillion of market cap in just 4 days with no news. Truly historic. Source: The Kobeissi Letter
Net inflow to TLT! Is the rate cut hope-timism back?
Source: Andreas Steno Larsen, Steno Research, Macrobond
Latest IFOP poll for lower-house snap election in France
This shows far-right way ahead (36% in blue) ahead of far left coalition (28.5% in red) while incumbent Macron's center-right party comes 3rd (21% in orange). It seems that far-right will at least win relative majority
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