Foreigners own more US stocks than EVER
Overseas investors now own a RECORD 18% of the US equity market. Foreign investors collectively own ~$20 trillion of US stocks and ~$14 trillion in US debt, including Treasuries, mortgage and corporate bonds, according to Bloomberg. Source: Global Markets Investor, DB, Haver analytics
Warren Buffett and Berkshire Hathaway $BRK.B no longer own any shares of BYD - CNBC
Source: Evan
The Fed has cut rates by 25bps 47 times since 2000
Here’s how $SPY usually reacted the next week, month, quarter, and year. Source: Trend Spider
New research paper from OpenAI sheds light on user behavior by analyzing sample of 1.1M messages from active ChatGPT users between May 2024 to July 2025
Findings, summarized in visualization by MadeVisualDaily, shows ChatGPT’s core appeal is utility: helping users solve real-world problems, write better, and find information fast. Source: @VisualCap, Liz Ann Sonders @LizAnnSonders
Remember when the government prints another trillion, this is how much money they’re printing.
Source: Bitcoin magazine
Paul Atkins, chairman of the U.S. Securities and Exchange Commission, said his agency will propose a rule change
It follows President Donald Trump’s call to end earnings reports on a quarterly basis and switch to semiannual. “I welcome that posting by the president, and I have talked to him about it,” Atkins said on CNBC’s “Squawk Box” Friday. “In principle, I think to propose change in what our rules are now, I think would be a good way forward, and then we’ll consider that and move forward after that.” Earlier this week, President Donald Trump proposed the idea that companies should no longer provide earnings reports on a quarterly basis and switching to semiannual instead. The SEC said the agency is actively looking into that plan. “At President Trump’s request, Chairman [Paul] Atkins and the SEC is prioritizing this proposal to further eliminate unnecessary regulatory burdens on companies,” an agency spokesperson said earlier. Current regulations require companies to report earnings on a quarterly basis, though providing forecasts is voluntary. The rules can be changed by just a majority vote on the SEC, where Republicans currently hold a 3-1 voting majority, with one open seat. Source: CNBC
The Schiller P/E has hit 40 for the second time in history since the dotcom bubble.
Source: The Great Martis @great_martis
In case you missed it...
The Russell 2000 has joined the Dow, S&P 500, and Nasdaq 100 in hitting a record high – its first since 2021. That ends the longest drought without a new high in Russell 2000 ETF history. Source: J-C Parets
