12 Aug 2024
About that ether crash last week: biggest surge in CFTC Ether leveraged shorts on record
Source. Bloomberg, CFTC, www.zerohedge.com
12 Aug 2024
US banks are facing $517 Billion of Unrealized Losses - nobody wants interest rate cuts more than them
Source: Barchart, BofA
12 Aug 2024
American stock ownership is back at all-time highs
Source: Markets & Mayhem, Visual Capitalist
12 Aug 2024
As the Mag 7 slow the rest of the SP500 is showing signs of improving growth
Source: Bloomberg intelligence, Markets & Mayhem
12 Aug 2024
A liquidity shock >>> SPX trading liquidity has collapsed the most on record over 2 weeks
Source: Bloomberg, Alessio Urban
12 Aug 2024
The rich are getting richer faster than ever before
The top 40% of US income earners hold 83% of the total net worth, near an all-time record. The top 20% account for 71% of the total net worth, up 10 percentage points over the last 2 decades. On the other hand, the bottom 40% of income households hold only 8% of the wealth. Moreover, the bottom 20% of earners reflect just 3% of total US wealth. Over the last few years, the rich have gotten a lot richer. Most consumers are struggling. Source: The Kobeissi Letter, BofA
12 Aug 2024
Growth vs Value: a clear trend shift since July
Source: Mike Z., Goldman Sachs
12 Aug 2024
Hedgefunds are buying the dip in tech, per Goldman
Source: Goldman Sachs, Markets & Mayhem
