20 Aug 2024
For the fourth consecutive month, the US LEI (leading indicators) has not signaled a recession ahead
Source: Mike Z.
20 Aug 2024
The importance of customers
Source: Vala Afshar
20 Aug 2024
BREAKING 🚨 Jerome Powell will indicate that the Fed is open to a 50 bps rate cut during his speech at the Jackson Hole, according to analysts from Evercore
BULLS, GET EVEN MORE EXCITED... Source: Stocktwits, www.investing.com
20 Aug 2024
These 3 areas produce 50pct of the world's GDP
Source: Brian Roemmele
20 Aug 2024
real price of excellence
Source: Investment Wisdom
20 Aug 2024
Distribution of Bitcoin Supply
Source: Vivek⚡️@Vivek4real_ on X
20 Aug 2024
FT article: "The rate at which US start-ups are going bust is more than seven times higher than in 2019, threatening millions of jobs and risking spillover to the wider economy"
Source: FT
20 Aug 2024
US government spending is expected to hit 24.2% of GDP in 2024, significantly above the previous 39-year average of 21.1%, according to the CBO.
At the same time, revenues are projected to reach 17.6% of GDP, just 0.4 percentage points above the 1984-2023 average. As a result, the US deficit is estimated to hit 6.6% of GDP, almost DOUBLE the 39-year average. In nominal terms, the deficit is set to hit $1.9 trillion in 2024, the highest level since 2021 when the deficit was $2.8 trillion in response to the pandemic. US government spending relative to GDP is expected to rise rapidly while revenue stagnates. Multi-trillion Dollar deficits are the new normal. Source: The Kobeissi Letter
