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🚨BRICS DOUBLES OVERNIGHT Yesterday, the UAE, Saudi Arabia, Ethiopia, Egypt, and Iran are officially members of BRICS.
They join Brazil, Russia, India, China, and South Africa as a formidable economic powerhouse, representing 29% of global GDP and 43% of global oil production. Although tensions exist between member states such as China and India, BRICS is a growing challenge to the G7. President Xi: “I wish to extend a warm welcome to leaders of new BRICS members.” Source: IMF, Reuters, China Daily, Mario Nawfal
NEWS - The 1-month T-bill yield in the US surged by 13% in one day, coinciding with a significant increase in Bitcoin (now trading above 45k for the 1st time
Typically, sharp spikes in short-term T-bill yields suggest a large financial entity collapsing. Source: Dump Watcher
Alibaba $BABA Institutional ownership jumped 100% in the month of December '23. As the price fell to its 52 Week Low, Institutions bailed in
Source: The long investor
The Growth of New Car Prices in the U.S.
Source: Visual Capitalist
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