Dax Index breaking support ?
Dax Index is under pressure this morning. Trading below support zone 15'466-15'528. This is an important level, keep a close eye on it. Source : Bloomberg
Apple aims to scale up production over 5 times in India to USD 40 bn in 5 years
This is another very bullish news for #india economy! This will not only lead to lower imports/ higher exports ( leading to higher GDP) but also create more jobs (directly and indirectly). Extract from www.indiaexpress.com article iPhone maker Apple has plans to scale up production in India by over five-fold to around USD 40 billion (about 3.32 lakh crore) in the next 4-5 years, according to government sources. According to the official, who did not wish to be named, the company has crossed the USD 7 billion production mark in the last financial year.
$100k invested in the S&P 500 ETF 30 years ago would be worth over $1.7 million today
Was the road to 17x growth a straight line? Far from it as shown on the chart below by Charlie Bilello.
Flows are still not coming into publicly-listed bitcoin funds (including etfs)
Source: JPM, TME
Bankruptcy filings have recently reached levels on par with the 2008 Great Recession and the 2020 COVID-19 pandemic
This indicator often suggests that the economy isn't performing well, and has historically always been followed by massive stock market crashes. Source: whalewire
Here’s a look at how Arm $ARM, Instacart $CART, and Klaviyo $KVYO traded from their IPO pricing over the last week
Big opens then lots of selling. Source: Bespoke
Norway sovereign fund’s assets have ballooned to over $1.4 trillion
That puts Norway's sovereign fund at a similar size to that of China's — yes, the same China that has more than 260x as many people as Norway has. Source: Chartr
The Power of Duration! This is not the chart of an altcoin, this is the chart of Austria’s 100-year bond, down 82% from its 2021 peak!
Source: Jeroen Blokland
