The average price of a used Tesla has declined 19 months in a row
Moving from a record high of $67,900 in July 2022 to a record low of $32,984 today. That's a 51% decline. $TSLA
China and India have signed agreements to restructure their holdings of Zambian debt
The bankrupt southern African nation’s president has said, raising hopes that a delayed effort to exit a long-running default is back on track. Hakainde Hichilema said Zambia planned to resume talks with private creditors to resolve a “terrible debt mountain” of more than $13bn in external debt that Africa’s second largest copper producer stopped paying in 2020. Source: FT https://lnkd.in/exZS4E5d
$10,000 invested in Nvidia a decade ago is worth roughly $1.7 million today.
Source: Bloomberg, John Erlichman
The European Central Bank claims "Bitcoin has failed to become a global decentralised digital currency, instead falling victim to fraud and manipulation (...)"
"The recent approval of an ETF doesn’t change the fact that Bitcoin is costly, slow and inconvenient." Whatever Lagarde and the ecb say, the harsh reality is that the euro has collapsed againt bitcoin as all fiat currencies did. Source: Aries V., Senior Investment Data analyst at Fidelity
Chinese Authorities froze a quant hedge fund's account for 3 days after it dumped more than $360 million worth of stocks within the first minute of trading.
Source: Barchart
“Maybe” The World’s Most Powerful Banker Knows Something That We Don’t?
Jamie Dimon bought 1.235 million shares in the open market from 2009 to 2016 at the exact times when markets bottomed. Last week, he sold 821,778 shares of JP Morgan stock worth $150 million for the first time ever. Impeccable timing? Time will tell... Chart: Bespoke through Sagar Singh Setia
It's been 309 trading days since ChatGPT was released on 11/30/22 and the Nasdaq is up 46.07%.
In the 309 trading days after Netscape (the first web browser) was released in December 1994, the Nasdaq was up 45.9%. Source: TME
Despite the surge in market-cap indices, small-cap stocks remain deeply entrenched in a bear market, now down 27% from their recent peak.
Source: Bloomberg, Tavi Costa
