The rally on Wall Street has meant that US equities now have a weighting of ~70% in the popular MSCI World index.
That is a record. The risk is correspondingly high if US equities go out of fashion. Source: Bloomberg, HolgerZ
The us equity rally is being supported by better NTM earnings as well as multiple expansion, the latter driven mostly by Tech.
Source: Barclays, TME
This is out of this world...
Source: Not Jerome Powell
Only 6 weeks into 2024, and the S&P 500 and other indexes have already reached new ATH's.
With the S&P up 5.38% YTD and the Nasdaq showing a 6.75% increase, let's see which stocks are the outperformers so far 1. $SMCI - Super Micro Comp - 160.4% 2. $ARM - ARM - 53.3% 3. $NVDA - Nvidia - 45.7% 4. $PLTR - Palantir - 42.0% 5. $CLFT - Confluent - 35.6% 6. $APPF - AppFolio - 34.9% 7. $META - Meta - 32.2% Source: KoyfinCharts Note: only companies with Mcap >$5B and an Altman Z-Score >3. No biotech companies.
The Economist cover
Source: The Economist
Google trends is without a doubt one of the best retail indicators.
We are a 25% of the interest of 2021, but only 30% off the all time high for Bitcoin. FOMO may not even begin until ATH. Source: James Van Straten
How to analyze a business, FAST
Source: Brian Feroldi
In an US election year, the spread between “Job Creation” and job “approval rating on the economy” has NEVER been wider...
Source: Mohamed A. El-Erian
