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Amazing chart about Canada housing market (on the right) vs. US housing market (on the left).
Source: Michel A.Arouet
Analysts’ earnings downgrades for US companies are increasingly outpacing upgrades
Source: The Daily Shot
🌍Worldwide, many other countries have debt that is more than their GDP
Japan consistently ranks among the top nations with a debt-to-GDP ratio exceeding 200%. Source: Genuine Impact
Taiwan Semiconductor Manufacturing breaking June downtrend
Taiwan Semiconductor Manufacturing (TSM US) is breaking June downtrend. Strong volume due to Earnings. Keep an eye. Source : Bloomberg
To whom the US owes money? Mostly to themselves actually...
Source: The King's Cheque En Qua
AstraZeneca retesting April downtrend
AstraZeneca (AZN LN) is back on April downtrend. This is a retest of September breakout. Keep an eye. Source : Bloomberg
Total US debt is now up ~$650 BILLION since it crossed $33 trillion exactly 1 month ago, according to Zerohedge
Yesterday alone, total US debt jumped by another $58 billion. Total US debt has grown by ~$22 billion PER DAY for the last month. In other words, the US has added ~$915 million in debt every hour for the last month. Since the debt ceiling "crisis" ended, total US debt is up over $2 trillion. Since 2020, total US debt is officially up more than $10 TRILLION. Source: The Kobeissi Letter
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