The Interest Expense on US Public Debt rose to a record $1.11 trillion over the last 12 months, more than doubling over the past two years
At the current pace it will soon be the largest line item in the Federal budget, surpassing Social Security. Source: Charlie Bilello
Athletes from four California universities won 89 Olympic medals. (The United States won 126 total).
Athletes from Stanford University alone won more medals than all but seven countries in the world. Source: Erik Brynjolfsson
Bitcoin, ETFs on track to surpass the Satoshi stack by the end of 2024
Source: Bitcoin news
CTAs are projected to sell global stocks in every single scenario over the next week, up to a total of $64 billion if the market trades lower, warns Goldman Sachs!
Source: GS, Barchart
If you invested $1 in Altria, you would have $2.6 million today, making it the best-performing stock in history, according to research from Arizona State
Altria has generated a cumulative compound return of 265,528,900.62% since data began being recorded. Here are the others. Source: Barchart
Lockheed Martin $LMT hits highest closing price in history
Source: Barchart
BREAKING: The Fed’s Reverse Repo (RRP) facility has dropped below $300 billion for the first time since 2021
The RRP is one of the financial system's excess liquidity metrics and is widely watched by investors. Large banks, government-sponsored enterprises, and money-market funds put their extra cash into the facility to earn interest on it. RRP usage has plummeted by $2.3 TRILLION since December 2022. Over the last several months, however, the decline has stabilized and the facility usage has been oscillating around $300-$400 billion. Source: www.zerohedge.com, Bloomberg
Bitcoin has dipped below its historical post-halving growth trajectory range
If it returns to this range before year-end, we're looking at a high likelihood of a six-figure value for one BTC. Source: Ecoinometrics
