Quartr just created this infographic that illustrates the 12 largest luxury companies by market cap
Four fun facts: → $LVMH's market cap is 50% larger than the bottom 10 companies *combined*. → $RMS is by far the largest single-brand company on the list, 3.5x the size of $RACE for example. → Despite owning 10+ brands including iconic maisons such as Gucci, Saint Laurent, and Bottega Veneta, $KER's revenue is "only" ~€20B, compared to Hermès' >€13B. → Tiffany & Co. got acquired by LVMH during the pandemic at a $16B valuation, which would place them at #7 on this list. Source: Quartr Activate to view larger image,
The multiple benefits of the daily 10,000 steps
Source: Seek Wiser
The pain trade in one chart: Most shorted US stocks gained 11.3% this week. Performance YTD now on par w/S&P 500
Source: Bloomberg, HolgerZ
BREAKING >>>New York Fed President John Williams CNBC interview: The Fed "isn't really" talking about rate cuts right now
Mr. Williams said: - The Fed "isn't really" talking about rate cuts right now. - Committee members submit projections regarding path of interest rates. Inflation and economy is still uncertain, but base cases are looking pretty good. - Policy focused on getting inflation down to 2%. - Market reaction to all news events have been larger than normal. - Fed should be ready to hike again if needed. - Fed is at or near right place for monetary policy. - The policy restraints should be dialed back slowly over the next three years.
The AI investing ecosystem
Eric | AI & Tech Investing @AITechInvesting
Believe it or not...
On December 14, the GDPNow model nowcast of real GDP growth in Q4 2023 is 2.6%.
Was the FED ULTRADOVISH move on Wednesday driven by a "Trump fear"?
New swing state polling is brutal for Biden... It wasn't the case 3 weeks ago... Source: alx
Goldman Trader: Are $6 Trillion In Money-Market Funds About To Flood The Stock Market
.
