Quote of the day:
Source: Compounding Quality
Republicans officially retain control of the U.S. House, giving the GOP a Trifecta; Control of both chambers of Congress and the Presidency.
The Republicans have won control of the U.S. House of Representatives after the party took 218 seats in national elections, according to a Decision Desk HQ projection on NewsNation. Source: @america
FUN FACT: 14 years ago today, you could buy 1 Bitcoin for $0.50
Source: The Bitcoin Historian
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
