Worst quarter for US stocks relative to the rest of the world in 23 years
Source: Bloomberg Opinion, www.zerohedge.com
A MIND-BLOWING chart:
The US budget deficit is set to average 6.3% over the next 30 years. This would be higher than any other period outside of major crises and wars. This also would be 2.5 percentage points above the past 50-year average... Source: Global Markets Investor
Microsoft Back on 1st Major Support Zone
Microsoft (MSFT) has consolidated 21% since the July 2024 highs! The stock is now back on the 1st major support zone between 363-374. While this zone is key, we can't exclude the possibility that the market may continue its downside toward the breakout level at 350, or even towards the 2nd major support zone between 310-330. Keep an eye on these key levels for price action. Source: Bloomberg
Here are the current largest holdings in the NASDAQ 100 $QQQ
source : evan, finchat
Great Visualization
source : miningvisuals
The global economy is currently benefiting from massive tariff front-running, as evidenced by the surge in imports to the US.
This has temporarily propped up production in places like Europe, Canada, and China. Will the floor fall out this week? Source: BCA, Peter Berezin on X
The World’s Top 10 Largest Trade Deficits by Country
Source: Voronoi
Since Trump’s second term began, the US $SPY is trailing Germany $EWG by more than 19 percentage points and China $MCHI by more than 24 percentage points.
A steep hill to climb already for those keeping score. Source: Bespoke @bespokeinvest
