FTT TOKEN PLUNGES 19%, BITCOIN FALLS < $20K AS PRESSURE MOUNTS ON FTX
FTT, the token created by crypto exchange FTX, dropped significantly amid an intensive sell-off fueled by Binance CEO Changpeng Zhao’s announcement to liquidate his company's entire holding of FTX native tokens.
A disturbing US housing chart
Source: Jeroen Blokland
Highest daily covid infections in 6 months for Mainland china
China’s Long Lockdowns Struggle to Contain Growing Outbreaks Source: Bloomberg, C.Barraud
The World population in one chart
In late 2022, the eight billionth human being will enter the world, ushering in a new milestone for humanity. In just 48 years, the world population has doubled in size, jumping from four to eight billion. Source: The Visual Capitalist
European energy bills keep rising
European households are paying more than ever for their electricity and natural gas, even as governments spend billions to shield consumers from the energy crisis.
Have we seen the largest wealth destruction in history?
Have we seen "capitulation" yet? Source: Stansberry (Greg Diamond).
Commodities outperformed during the stagflationary 70's
Are we at the start of a new commodities outperformance cycle? Source: Gigi Penna, Bloomberg
US small & mid caps stocks valuations remain cheap
The absolute forward P/E for the Russell 2000 suggests double-digit annualized ten-year returns Source: BofA
