Bloomberg's Dollar Spot Index is on track for its 8th consecutive green week, its longest winning streak in history (with data going back to 2005)
Source: Barchart, Bloomberg
Usage of the Fed's emergency bank funding facility jumped by $328 million last week
It now stands at a new record high of $108 billion, even as the regional bank crisis is "over." The current rate banks are paying the Fed on these loans is an alarming ~5.5%. i.e . the banks that almost collapsed are now borrowing record levels of expensive debt from the Fed. Is the US regional banks crisis really over? Source: zerohedge, Bloomberg, The Kobeissi Letter
91 is the number of trading sessions since at least a 1.5% sell off session in SPX
This length of time without a 1 day equity shock is rare ... has happened ~five times in the last 15 years. Source: Goldman Sachs, TME
The longer term gap between NASDAQ and the US 10 year remains huge
Source: TME, Refiitiv
Over the years, 'soft consumption' such as entertainment has gained lots of traction, thanks to on-demand streaming services
Source: Genuine Impact
Turkey inflation has reaccelerated despite sharply increased key interest rates.
Source: Bloomberg
Financial Shenanigans 101
“More money, it has been noted, has been stolen with the point of a pen than at the point of a gun.” - Warren Buffett Source: Vishal Khandelwal
“Life is like riding a bicycle. To keep your balance you must keep moving.” — Albert Einstein
Source: Philosophy Quotes
