Foreign Investors now own $2.5 Trillion more in U.S. Stocks than U.S. Debt, the widest gap ever
Source. Barchart, BofA
They did it again...
Source: Lumis Vista
Penny stock trading is through the roof right now
Source: Mike Zaccardi, CFA, CMT, MBA, Goldman Sachs
BREAKING >>> Trump spars with Powell over renovation costs during Fed visit, but says not ‘necessary’ to fire chairman
Trump: It looks like it’s about $3.1 billion Powell: I’m not aware of that. Trump: It just came out Powell: You just added in a third building Trump: It’s a building that’s being built Powell: It was built five years ago. Source: @SpencerHakimian
UBER TO LET WOMEN AVOID MALE DRIVERS IN NEW SAFETY PILOT
Starting next month, Uber will allow women drivers and riders to opt for same-gender pairings in Los Angeles, San Francisco, and Detroit. VP Camiel Irving: “It’s about giving women more choice, more control, and more comfort." The move follows similar tests in countries like France, Germany, and Argentina, and comes amid long-standing safety concerns on ride-hailing platforms. Source: CNBC thru Mario Nawfal
Share of MSCI World trading at 10x EV/Sales
Meb Faber @MebFaber via ManGroup
The power of 1%
Source: Reads with Ravi @readswithravi
JUST IN:
Fidelity’s Bitcoin ETF has amended its trust agreement to allow in-kind creations and redemptions, meaning shares can be created or redeemed using bitcoin instead of cash, pending regulatory approval. Source: @BitcoinNewsCom
