Nice chart by BofA showing central bank gold purchases from 2020-2023
Thru Ronnie Stoeferle
CLS declines delaying FX cutoff as US stock changes loom
CLS Group, the largest currency settlement system, said on Tuesday it will not change its cut-off time for payment instructions for foreign exchange trades, dealing a blow to foreign asset managers hoping for some reprieve from a new U.S. rule putting them at risk of transaction failure. Beginning May 28, the U.S. Securities and Exchange Commission requires investors start settling U.S. equity transactions one day after the trade, or T+1, instead of the current two days. source : investing
US Small-Business Optimism Falls to a More Than 11-Year Low
source : Bloomberg
Visualizing the growth of $100, by asset class returns across U.S. equities, bonds, real estate, gold and cash since 1970.
source : visual capitalist
SEC delays decision on spot bitcoin ETF options
American regulators are again delaying a decision by 45 days on whether to allow options on spot bitcoin ETFs. The Securities and Exchange Commission published a notice Monday saying that it "designates May 29, 2024 as the date by which the Commission shall either approve or disapprove, or institute proceedings to determine whether to disapprove," allowing the New York Stock Exchange to start listing options on spot bitcoin ETFs. source : theblock
Should we be scared ?
source : mad money, Mayhem4Markets
A little History in a Chart.
Green=Bull Markets 🐂 Red=Bear Markets 🐻 source : bespoke
Nvidia CEO Jensen Huang drew this graphic showing Nvidia's journey from 1964 to today
source : stockmktnewz
