Talking about a K-shape economy...
The gap between Wall Street and Main Street has never been bigger: ➡️ Main Street: US consumer sentiment is down to 47.6 points, the lowest level in history. ➡️Wall Street: the S&P 500 is trading just 3% from its all-time high. ⚠️ Since the 2020 pandemic, consumer sentiment has fallen -50%. During the same period, the S&P 500 has rallied +205%. This comes as inflation, rising housing costs, and a weakening job market are increasingly squeezing the average American household. Meanwhile, 87% of all equities are held by the wealthiest 10% of households. Asset owners are the biggest winners in this economy. Source: The Kobeissi Letter, zerohedge
In case you missed it... $INTC Intel has risen an absurd 53% over the past 9 trading days
It is now up over 200% since the Trump Administration purchase @ $20.47 Source: Trend Spider
US Warships that are actively in the Middle East or in transit - 23 ships.
Source: Negligible Capital
First US Banks Q1 earnings results are IN. Goldman Sachs $GS Delivers Massive Q1 2026 Beat!
GS just dropped its first-quarter results, and the numbers are impressive. With the stock currently moving 3.28%, here are the most important highlights you need to know: Net Revenues: $17.23 billion up 14% YoY and 28% vs. Q4 2025. Diluted EPS: $17.55, significantly outperforming last year's $14.12. Net Earnings: $5.63 billion for the quarter. Segment Performance: Global Banking & Markets: A powerhouse quarter with $12.74 billion in revenue (+19% YoY). Investment Banking Fees: Surged 48% to $2.84 billion, fueled by a major comeback in M&A Advisory. Equities: Jumped 27% to $5.33 billion, driven by record-level financing and intermediation. Asset & Wealth Management: Solid growth with $4.08 billion in revenue (+10% YoY). Source: Hataf Capital
Rankings by Country of Average Monthly Net Salary
Source: Numbeo
Amazon has spent more building out its business over the past 3 years than in the previous 26 combined.
Source: Hedgeye
+1300% in a year, easy to think the move is done.
But as Bloomberg highlights, the Breakwave Tanker Shipping ETF (BWET) reflects deeper forces. Even before the conflict: - Aging fleet - Tight capacity - Sanctions limiting supply ➡️ The war accelerated existing trends. Now the question isn’t how far it’s gone, but what’s changed. Structural tightness remains: - Longer, more complex trade routes - Sourcing shifting farther away - Rising demand for shipping capacity ➡️ That’s why gains may not fully unwind, even with peace. As John K. notes: the story may shift from war-driven to fundamentally driven. The fundamentals still point to persistence. Source. Bloomberg
The oil shock's impact on global inflation is likely to be temporary and short-lived.
Source: Bloomberg
