Japan currently owns the highest share of public debt outstanding.
They will most likely move even higher... and everybody else will follow. There is no other option left. This chart also means there is still a lot of firepower for the Fed to keep treasuries interest rates under control if needed. Source: Michel A.Arouet
Hedge funds are betting big against Bitcoin in the futures markets, possibly looking to profit from elevated funding rates, as the most valuable cryptocurrency continues to trade sideways.
Funds have built up record short positions in Bitcoin futures, according to data shared by zerohedge.
5 famous laws
Source: Reads with Ravi
90 years of bull & bear markets:
Source: Invest In Assets 📈
Money Rules
Source: @moneyinspiring
China likely to impose the largest fine in history against an accounting firm of at least $138 million against PwC due to their failure to catch the largest financial fraud in history at Evergrande.
Source: Barchart
Abercrombie & Fitch $ANF making Nvidia $NVDA shareholders look poor...
Abercrombie & Fitch reported its financial results for the first quarter today. Here's what its CEO Fran Horowitz said in a press release on Wednesday. Abercrombie & Fitch stock is now up close to 70% versus the start of 2024. Source: Conor Mac, InvestmentTalkk
US Q1 GDP growth was slower on soft consumer spending.
The US economy expanded at 1.3% pace versus initial estimate of 1.6%. Consumer spending was lower on outlays for goods like autos. Source: Bloomberg, HolgerZ
