12 Aug 2024
Tax Revenue vs. GDP for Major Countries
Source: Visual Capitalist
12 Aug 2024
After posting its worst and best day in over a year, the S&P 500 just closed the week down 2 POINTS.
That's a 0.04% decline in a week when the $VIX hit 65... Source: The Kobeissi Letter, Bloomberg
12 Aug 2024
Value of U.S. Housing Market hits all-time high of $49.6 Trillion
Source: Barchart
12 Aug 2024
BREAKING: For the first time ever, Kamala Harris is leading Donald Trump in Polymarket's 2024 election odds.
At one point, prediction markets saw a 10+ percentage point lead by Donald Trump. Source: The Kobeissi Letter
12 Aug 2024
The % of Bulls in the Investors Intelligence Sentiment Index moved down over 17% in the past 2 weeks (from 64.2% to 46.9%)
That's the biggest 2-week % drop in Bulls since the October 1987 crash. Source: Charlie Bilello
12 Aug 2024
This chart suggests that liquidity from the yen carrytrade has flowed into the Mag7
Source: Bloomberg, HolgerZ
12 Aug 2024
"You don't have to be brilliant, only a little bit wiser than the other guys, on average, for a long, long time." — Charlie Munger
Source: Investment Wisdom
12 Aug 2024
Equities tend to perform well after the Fed cutting cycle starts, unless growth is weak
Source: Goldman Sachs, Mike Z.
