Russian Ruble is imploding 📉
Source: Barchart
Wow! JPMorgan's S&P 500 target for the end of 2024 was 4,200. For 2025, it's now 6,500
Source: Trend Spider
Citi U.S. Economic Surprise Index is starting to roll over again
Source: Bloomberg
Is altcoin season starting? One potential tailwind should be hopes of spot ETF approval >>>
As shown below, the waiting list include Four Solana's, 3 XRPs, 2 conversions and one Litecoin. Source: Eric Balchunas, Bloomberg
US households have not been this giddy on stocks in decades.
Source: The Daily Shot
Semiconductor Stocks $SMH testing the 200D moving average for only the 4th time since January 2023 🚨
Source: Barchart
So brutal but so true from @psarofagis
Source: @Eric Balchunas
Countries promised to move away from coal, oil and natural gas at last year’s climate summit. New research shows they’re burning more than ever before.
One year after world leaders made a splashy promise to shift away from fossil fuels, countries are burning more oil, natural gas and coal than ever before, researchers said this week. Global carbon dioxide emissions from fossil fuels are on track to reach a record 37.4 billion metric tons in 2024, a 0.8 percent increase over 2023 levels, according to new data from the Global Carbon Project. It’s a trend that puts countries farther from their goal of stopping global warming. The increase was not uniform across the globe. Emissions will most likely decline this year in the United States and Europe, and fossil fuel use in China slowed. Yet that was offset by a surge in carbon dioxide from India and the rest of the world. Source: NYT
