The US stock market is MASSIVE: US stock market capitalization accounts now for 74% of the MSCI World Index, a new all-time high.
Since the end of the 2008 Financial Crisis, this percentage has increased by ~25 points. By comparison, Europe and Japan’s share have dropped by ~15 and ~5 percentage points, respectively. As a result, the US' share of global market cap is now 4 TIMES larger than Europe and Japan COMBINED. This comes as the S&P 500 has rallied 450% over the last 15 years compared to a 70% and 310% gain of the Euro Stoxx 50 and Nikkei 225. The US stock market has never been larger. Source: The Kobeissi Letter, SG Cross Asset Research, Factset
Interesting analog regarding Trump 1.0 vs Trump 2.0 from NDR.
S&P 500 rallied after both elections.
Europeans, especially the German carmakers,simply cannot afford losing the US market due to tariffs after taking a hit in other major markets.
They need to be really polite to Trump‘s administration... Source: Econovisuals, Eurostat
Can bitcoin be stopped?
Ask chatgpt... "...while Bitcoin’s use and accessibility can be curtailed through regulatory and technical measures, stopping it entirely would require a coordinated, global effort against its decentralized network—a task that seems nearly impossible given its current scale and adoption".
BREAKING 🚨: Brazil Brazilian Real has collapsed to an all-time low against the U.S. Dollar
Source: Barchart
🚨Michael Saylor⚡️
60 public companies can issue equity to buy Bitcoin.
The Russian Ruble has fallen 71% against the US Dollar over the last decade
Source: Visual Capitalist
BREAKING: The Federal Reserve just reported a $19.9 BILLION operating loss in Q3 2024 up from $16.9 billion in Q2.
This marks the 8th consecutive quarter of operating losses for the central bank. As a result, cumulative operating losses reached a massive $210 billion over the last 2 years. This comes as the Fed has been paying hundreds of billions in interest to banks and money market funds. At the same time, income the Fed has earned on Treasuries and Mortgage-Backed-Securities has declined. Source: The Kobeissi Letter
