Chainlink Reaching Discount Zone
Chainlink (XLIUSD) has consolidated 48% since its December highs. It has pulled back more than 50% on the Fibonacci retracement, confirming that it has reached the discount zone. Additionally, it has rebounded from the imbalance zone between 15.35-16.20. Keep an eye on the price action for potential opportunities. Source: Bloomberg
Commodities are enjoying a strong start to 2025
source : markets&mayhem
Meta's Record Run
The shares are coming off a rally of 16 straight sessions, the longest streak of any current Nasdaq 100 Index company going back to 1990. The stock added more than 17% over the surge, bringing its market capitalization above $1.8 trillion. source : bloomberg
Visualizing the Growth of U.S. Consumer Debt
🚨 The Kaplan Group analyzed the State Level Household Debt Statistics from 2003 to 2023, sourced from the Federal Reserve Bank of New York. Data were retrieved for auto loans, mortgages, credit cards, and student loans since 2003. The evolution of each of these elements over the last 20 years was calculated. For inflation, the Consumer Price Index (CPI) was utilized. 👉 Key Takeaways - Student loan debt is five times larger than it was 20 years ago - Credit card debt has shown minimal growth since 2023; from 2010 to 2016, it was even lower than in 2003 - The total amount of debt has grown by 81.5% since 2003 Source: Visual Capitalist, Voronoi
US innovation & entrepreneurial spirit versus overregulation, left redistribution mindset and lack of innovation.
EU is straight on its way to become an open-air museum. Source: Michel A.Arouet, Augur infinity
GS: "DeepSeek Monday" more about a rotation in the AI trade, rather than outright negative
(i) border security (Canada, Colombia, Mexico); (ii) geopolitics (steel & aluminum); (iii) fairness (reciprocal tariffs & currency manipulation). China is the only country to be tariffed - and will get tariffed more - as it hits all of these...
A nice one by Robin Brooks on X: There's 3 drivers of Trump tariffs:
(i) border security (Canada, Colombia, Mexico); (ii) geopolitics (steel & aluminum); (iii) fairness (reciprocal tariffs & currency manipulation). China is the only country to be tariffed - and will get tariffed more - as it hits all of these...
RIP to Penny?
President Donald Trump has directed the US Treasury to stop minting new pennies citing the rising costs,. In 2024 every penny which represents 1 cent costed 3.69 cents to make. source : evan
