22 May 2025
Canada's national pension fund piled into US market in Q1 despite the 'Buy Canada' push.
Another proof that the "Sell America" narrative is overdone? Source: Eric Balchunas, Bloomberg
22 May 2025
Mutual funds are 723bps underweight the Mag7
Source: Mike Zaccardi, CFA, CMT, MBA
22 May 2025
In case you wonder why stocks when down yesterday
BOND AUCTION FOR THE US 20-YEAR TREASURIES WAS UGLY Because of the lack of bidders…it caused the 20-year bond yield to surge to 5.1%. Stock markets didn't like it Source: amit @amitisinvesting
22 May 2025
Are rising bond yields the elephant in the room for equities?
Source: Trend Spider
22 May 2025
Bitcoin $BTC on track for its first Golden Cross since October.
Source: Barchart
22 May 2025
The rise in Japanese 30-year yields is getting some attention but one should not forget the sharp move higher across the entire US Treasury curve, which is probably the real elephant in the room.
I tend to agree with Tavi Costa that the US will need at some point to implement yield curve control. We should thus see Fed assets as a percentage of GD starts rising again. Maybe Bitcoin and Gold are starting to price something like this Source: Tavi Costa, Bloomberg
22 May 2025
Bitcoin just surpassed Taiwan Dollar to become the 8th largest currency in the world
Source: Vivek
22 May 2025
Trump posted this
Source: Not Jerome Powell on X
