Ethereum $ETH now has a larger market cap than Bank of America
Ethereum: $380B Bank of America: $345B Source: Watcher.Guru
Actually, bonds performed really well last week
$TLT $AGG Source: Mike Zaccardi, CFA, CMT, MBA
$SPY The S&P 500 had its best-performing week of 2024. Here are the top-performing stocks from last week: 👇🏻
Source: The Future Investors @ftr_investors
#hodl
#holders
🚨 The “Euro swap cash basis” is negative for the first time since its creation in 1999.🚨
👉 It reflects the difference in cost between borrowing money in euros and the cost of swapping it to another currency, like U.S. dollars. 👉When it’s negative, it means borrowing in euros and swapping it to dollars is unusually expensive or difficult. 👉The fact that it’s negative for the first time since 1999 suggests that dollar demand is at an all time high🥤 Source: BowTiedMara @BowTiedMara
🚨MARKET SPECULATION LEVEL HAS RARELY BEEN GREATER🚨
Retail traders' activity share in the options market SPIKED to 20% last week, the highest level ever recorded. Retail is piling into options at a much faster pace than during the 2020 retail trading bonanza. Source: Global Markets Investor, JP Morgan Quant
Some costly shorts...
Source: Bloomberg
The US election doesn't change geopolitical truths facing the EU:
(i) China and Russia are allies - China is Putin's biggest enabler; (ii) the EU depends on the US for military protection, the US does NOT in any way depend on the EU. Strategic autonomy is a dangerous illusion... Source: Robin Brooks
