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In case you missed it...
ELON MUSK’S X IS REPORTEDLY PLANNING TO LAUNCH IN-APP TRADING & INVESTING
JAPAN MAY CORE CPI INFLATION RISES 3.7% Y/Y; EST. 3.6%; PREV. 3.5%
HIGHEST SINCE JANUARY 2023 $JPY Source: investing.com
The next Fed Chair is going to be the biggest dove the world has ever seen...
Source: Spencer Hakimian on X
Central banks continue to DUMP the US Dollar for Gold:
95% of central banks expect global gold reserves to rise in the next year, according to a World Gold Council survey. A record 43% plan to boost their holdings. 73% expect USD reserves to decline over the next 5 years. Source: Global Markets Investor, Yahoo Finance
US households own WAY more stocks than in other major markets: US household allocation to equities sits at ~49%.
Source: @GlobalMktObserv
According to Bank of America's Fund Manager Survey, investors are more underweight on the US dollar than at any point in the past 20 years.
Source: @Schuldensuehner @BankofAmerica
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