Global freight container rates still moving higher and year/year increase is now up to +233%
Source: Bloomberg, Kevin Gordon on X
And so begins the S&P 500 buyback blackout period . . .
Source: Markets & Mayhem
What a legend...
#humor
Nvidia FOMO ? This is interesting:
~90% of Wall Street analysts have now a buy rating on NVIDIA, up from ~30% a decade ago. This comes after the chipmaker's share prices have skyrocketed 27,989% over the last 10 years. As the stock rally intensified, the number of buy ratings rapidly increased. Wall Street has never been more bullish of $NVDA. While fundamentals are strong, there is indeed a risk of short-term pullback. A buying opportunity? Or just the start of something more severe? Source chart: Alpine Macro
Lumber prices continue to sink amid a soft US housing market
Source: The Daily Shot
Rolex prices are down almost 40% from highs
Source: Michael Burry Stock Tracker ♟
Semiconductors 2025 revenue growth (expected) vs. earnings multiple
Source: Shay Boloor
The end of ice age... Will we come back one day to a world of negative yielding debt???
Below chart shows the USD Market Value of negative yielding debt. It peaked above $18T after Covid... Source: Bloomberg
