23 Jan 2024
Taiwan semiconductor $TSM, the world's largest contract chip manufacturer, forecast 2024 revenue to grow more than 20% thanks to booming demands for high-end chips used in AI applications
Taiwan Semi's main customers include AMD $AMD, Nvidia $NVDA, Qualcomm $QCOM, Intel $INTC, Apple $AAPL, and Broadcom $AVGO. Source: Jesse Cohen
23 Jan 2024
China's real GDP is now further below its pre-COVID trend than after the 2008 crisis
Will they be tempted to opt for more mercantilism (and expansionism)? Source chart: Robin Brooks
23 Jan 2024
Japan is expected to be short 11 million workers by 2040
Source: Win Smart, FT
23 Jan 2024
The world's top 5 stock markets by market-cap. It has been a one-man show by the US
Note that India is moving into 4th position Source: Bloomberg, Michel A.Arouet
23 Jan 2024
India’s stock market has overtaken Hong Kong’s for the 1st time in another feat for the South Asian nation whose growth prospects & policy reforms have made it an investor darling
Source: Bloomberg, HolgerZ
23 Jan 2024
As of January 19th, NVIDIA $NVDA and Microsoft $MSFT had accounted for about 75% of the S&P 500's gain this year, while the 20 largest stocks in the index accounted for 110% of the index's upside move
The remaining ~480 stocks were acting as a drag. Source: Bespoke
23 Jan 2024
Thought of the day
Source: Asif MajidAsif Majid
23 Jan 2024
Only a tiny fraction of the world owns bitcoin, and after the halving in April, only 1.3125/21M btc will be left to be mined
Source: Walker
