#airlines
Source: Investywise
A brief history of asset bubbles.
Source: @thedailyshot, Lance Roberts @LanceRoberts
Historical Bitcoin prices on Christmas Eve
2013 - $666 2014 - $323 2015 - $455 2016 - $899 2017 - $13,926 2018 - $4,079 2019 - $7,323 2020 - $23,736 2021 - $50,822 2022 - $16,822 2023 - $43,665 2024 - $98,400 Source: Bitcoin magazine
What has happened in Poland is nothing short of an economic miracle. Hard work and entrepreneurial spirit pay off.
30 years ago Poles were emigrating due to economic reasons. Today many Poles buy real estate in places like Marbella. Source: Michel A.Arouet
Apple now trades at a higher Forward P/E than NVIDIA.
Forward P/E: Apple: 34.3X NVIDIA: 34.1X Source: FinChat @finchat_io $AAPL $NVDA
$QQQ The Nasdaq 100 Valuations vs. Mean
Source: Koyfin
DOTCOM BUBBLE vs. TODAY
Tech P/E Ratio are still half of the peak P/E Ratio from the Dotcom era and still well below the 1999 average P/E Ratio. Source: Seth Golden
France has a new government - Back to the future?
French President Emmanuel Macron’s office announced a new government Monday, after the previous Cabinet collapsed in a historic vote prompted by fighting over the country’s budget. Coming up with a 2025 budget will be the most urgent order of business. The new government enters office after months of political deadlock and crisis and pressure from financial markets to reduce France’s colossal debt. The government, put together by newly named Prime Minister Francois Bayrou, includes members of the outgoing conservative-dominated team and new figures from centrist or left-leaning backgrounds. Among them: two former Prime minister - Manuel Walls and Elizabeth Borne. Both failed. Back to the future?
