US yieldcurve keeps steepening...
Source: Bloomberg, HolgerZ
In case you missed it... While the german economy is struggling, the stock market doesn't care...
Germany's blue-chip index Dax jumped >19,000 points for the first time after Fed's jumbo rate cut. Source: HolgerZ, Bloomberg
BlackRock Reveals It’s Quietly Preparing For A $35 Trillion Federal Reserve Dollar Crisis With Bitcoin—Predicted To Spark A Sudden Price Boom
As fears swirl the U.S. dollar is on "the verge of a total collapse," the world's largest asset manager BlackRock has warned of "growing concerns" around the spiraling $35 trillion U.S. debt pile that's predicted to drive "institutional interest in bitcoin." "The growing concerns in the U.S. and abroad over the state of U.S. federal deficits and debt has increased the appeal of potential alternative reserve assets as a potential hedge against possible future events affecting the U.S. dollar," BlackRock's exchange-traded fund (ETF) chief investment officer, its head of crypto and its head of fixed income global macro wrote in a paper outlining the investment case for bitcoin. "This dynamic appears to be also taking hold in other countries where debt accumulation has been significant," the authors of the BlackRock paper added. "In our experience with clients to date, this explains a substantial portion of the recent broadening institutional interest in bitcoin." BlackRock, which has around $10 trillion in assets under management, described bitcoin as a "unique diversifier" to hedge against economic and political risk. "While bitcoin has shown instances of short-term co-movements with equities and other 'risk assets,' over the longer term its fundamental drivers are starkly different, and in many cases inverted, versus most traditional investment assets," the paper concluded. Source: Forbes Digital Assets >>> https://lnkd.in/ePufVM9J
The most important chart for investors?
Source. BofA
Nike $NKE soaring in after hours trading after CEO "retires"
Source: Barchart
Small Cap Stocks $IWM have now traded green for 7 consecutive days, their longest winning streak since November 2022
Souce: Barchart
Watch out the Linkedin profile of Nike’s new CEO ...
32 years with the same company, from intern to CEO! https://lnkd.in/e-WA6aaK
Jim Cramer is simply the best...
a pristine track-record...
