Speculation is Back
Source: Bloomberg
15% of global internet traffic is Netflix
Source: Statista
World Debt
Source: BofA
The housing bubble continues to lose more air in Germany
The housing bubble continues to lose more air in Germany. In June, real estate prices slumped sharply, w/existing homes in particular falling by 2.4% MoM. Even new buildings became somewhat cheaper, namely 0.4%. Source: Bloomberg, HolgerZ
The S&P 500's 25% gain since last year's low has been driven by valuation expansion rather than rising earnings
The S&P 500's 25% gain since last year's low has been driven by valuation expansion rather than rising earnings. There is hope that earnings will start recovering in Q3 and through 2024. Source: Edward Jones
Nokia sold 437 million phones in 2007. And Apple sold 1.4 million iPhones. Apple will sell more than 220 million iPhones this year
Nokia sold 437 million phones in 2007. And Apple sold 1.4 million iPhones. Apple will sell more than 220 million iPhones this year. And Nokia no longer makes its own phones. Source: John Erlichman
Bullish sentiment on equities is getting even more bullish
Bullish sentiment on equities is getting even more bullish. Source: TME, Goldman Sachs
Since 1941 strong first half S&P 500 performance has been associated with further gains in the second half of the year, though with more volatility
Since 1941 strong first half S&P 500 performance has been associated with further gains in the second half of the year, though with more volatility. Past performance does not guarantee future results... Source: Edward Jones
