BREAKING 🚨 $AAPL is the most valuable company in the world once again Stock is up…
▪ 7.4% in a week ▪ 16.5% in a month ▪ 34.7% in 3 months Source: Stocktwits
2024 Investing Cheat sheet.
Source: Trend Spider
India increases gold reserves by the most in 2 years
Source: Barchart
Biden sent this letter to congressional Democrats on Monday morning saying he is 'firmly committed to staying in this race.'
Here is the reaction (this is a 5-minute chart of Predictit betting that Biden is the nominee) Source: James Bianco, Bianco Research
Great column in the FT
France and Britain are changing places "Britain and France are sitting on opposite ends of a political see-saw. Three days after the UK elected a pragmatic, centrist government with a huge majority, France went to the opposite extreme. Sunday’s legislative elections have produced a deadlocked parliament, with both the far right and the far left gaining ground. (...) Relief that the far-right Rassemblement National performed worse than expected in the second round of voting cannot disguise the fact that the centre ground in French politics is shrinking — and with it the authority of President Emmanuel Macron. The calm of London on election night last week contrasted strongly with the fevered atmosphere in Paris on Sunday evening. (...) it may be many months before France has a government that is capable of delivering a coherent response on European questions. That will be a problem, not just for Britain but for the whole of the EU," LINK TO THE ARTICLE >>> https://lnkd.in/eaMy_zCQ
US GDP growth estimates are plummeting: The most recent Atlanta Fed estimate for real US GDP quarterly growth in Q2 2024 is down to 1.7%.
This estimate is down from 4.2% seen in mid-May and from 2.2% seen on June 28th. If this estimate turns out to be correct it will be the 2nd consecutive quarter of GDP growth below 2.0% after Q1 2024 GDP of 1.4%. Is the US economy finally slowing down? Source: The Kobeissi Letter
Cash Transactions are becoming increasingly rare around the world
Source: Visual Capitalist
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