7 Aug 2024
"Investors produce outstanding long-term results primarily by avoiding dumb decisions, rather than by making brilliant ones." — Warren Buffett
Source : InvestingCanons
7 Aug 2024
Hedge Funds bought the panic dip yesterday
US stocks saw their largest 1-day net buying in 5 months, according to GS Prime. 8 of 11 sectors were net bought, led by Tech and Defensives. $SPY $QQQ $IWM Source: David Marlin
7 Aug 2024
Consistency
Source: Leadership First
7 Aug 2024
2 weeks ago, US High Yield credit spreads were nearly at their tightest levels since 2007 (302 bps).
Spreads have since increased 91 bps to their widest levels since Nov 2023 (393 bps). The last 3 recessions all saw spreads move over 1,000 bps at some point. We're not close to pricing in that scenario today. Source: Charlie Bilello
7 Aug 2024
30 years ago, careers were a straight line: Get an education ➡️ Secure a job ➡️ Climb the ladder ➡️ Retire
Today? It’s a loop: Learning ➡️ Working ➡️ Learning ➡️ Working ➡️ Repeat To thrive in this cycle, you should embrace lifelong learning and stay flexible. Source: Corporate Rebels
6 Aug 2024
JP Morgan's Jamie Dimon pushes for private-sector representation in next cabinet
Source: Bloomberg
6 Aug 2024
The Japanese Yen Carry Trade unwinding is only 50% complete warns JP Morgan
Source: Win Smart
6 Aug 2024
Data centers altogether use more electricity than most countries.
Bloomberg via The Daily Shot thru Tilo Marotz
