The US Bond Market has now been in a drawdown for 39 months, by far the longest bond bear market in history
Source: Charlie Bilello
And we're back to Bidenomics trendline
Source: www.zerohedge.com
The 12 tenets of Warren Buffet
Source: Compounding Quality
US Home Prices hit a new all-time high in August while affordability has plummeted to record lows...please explain...
Source: Charlie Bilello
No change as expected
Nothing really new except that they acknowledge strong growth and strong wage gains versus September, effectively upgrading their economic assessment. This is the 3rd time they upgrade their view on growth. Our view is unchanged: we are due for a long pause. High rates is the new normal.
Leadership
Source: Strati Georgopoulos
WeWork has officially filed for bankruptcy
From a $47 billion private market valuation to a $9 billion IPO via a SPAC in 2021, and now trading at $1.32 a share in after hours, marking a jaw-dropping 99% drop from its IPO price. The co-working space drama continues to unfold, reminding us that even unicorns can stumble in the real world of business. Source: Michael Burry Stock Tracker
Orange juice hit another all-time high this week
Source: Tradingview
