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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
What a wild chart...
Alibaba Revenue v. Stock Price Revenue: +1,521% Stock Price: +20% $BABA Source: FinChat @finchat_ioRevenue v. Stock Price Revenue: +1,521% Stock Price: +20% $BABA Source: FinChat @finchat_io
‼️Market concentration BUBBLE has risen once again:
The top 10 stocks' market cap share in the S&P 500 is now 37%. This is 10 percentage points above the highest point recorded during the Dot-Com Bubble. By comparison, their earnings share is 30% Source: Global Markets Investor, Goldman Sachs
Gold market cap relative to the US equity market cap hit its highest level in 12 YEARS and is exactly at its long-term median.
Given the geopolitical and likely financial markets changes underway, will we see a repeat of the 1970s??? Source: Global Markets Investors, Incrementum AG
Absolute explosion for D-Wave Quantum $QBTS this month.
Multiple God Candles and a New All-Time High 📈📈 Source: Barchart
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