Since February 2023:
1. Magnificent 7: +77% 2. S&P 500: +20% 3. Russel 2000: +5% 4. S&P 500 Equal Weight: +4% If you remove the Magnificent 7 from the S&P 500, the index is barely up 5% over the last year. Source: The Kobeissi Letter
Ranked: The Largest Stock Markets Over Time, by Country (1970-Today)
Source: Visual Capitalist
ChatGPT will create a digital memory to help personalize its responses
OpenAI is adding a feature that will allow ChatGPT to remember both information about individual users and how they want the chatbot to respond to different types of queries. The feature is rolling out to a small number of free and paid ChatGPT Plus subscribers. OpenAI says the memory feature will be made available to business customers once the company is ready to broadly release the feature. An incognito-like mode will be available allowing people to conduct queries without drawing on memories. source : axios
Happy Valentine's Day!
Source: Hedgeye
The Rise of Online Dating 💌
By Visual Capitalist
Coingecko Valentine's day humour
Source: CoinGecko
Alphabet $GOOGL and Amazon $AMZN likely to follow Meta's lead by announcing their first ever dividend payments this year
Source: Goldman Sachs, Barchart
It's official, higher for longer is back! For the first time this year, markets are now pricing-in just 4 interest rate cuts in 2024.
Just 6 weeks ago, markets were expecting 6 interest rate cuts in 2024. More importantly, the timing of the first rate cut has been pushed all the way back to June 2024. There is now only a 9% chance of rate cuts beginning in March 2024, down from 90% just 6 weeks ago. There is also a ~63% chance that interest rates are unchanged through May 2024. Rate cuts are all but guaranteed. Source: The Kobeissi Letter
