Federal Reserve's Reverse Repo Facility is plummeting
QE & money printing might start aggressively when this drains to 0 Source: Quinten | 048.ethm@QuintenFrancois, Bloomberg
Investors are pulling out money from ESG funds at a record pace:
US Environmental, Social, and Governance (ESG) funds posted a record $20 billion of outflows in 2024. This comes after an $18 billion outflow in 2023 and just $3 billion of inflows in 2022. Furthermore, a record number of funds have removed ESG and related phrases from their names last year. January 2022, the S&P Global Clean Energy Index has dropped 46%. ESG themes are underperforming. Source: Bloomberg, The Kobeissi Letter
Most famous laws in the world
Source: Seek Wiser
BREAKING: Amazon stock, $AMZN, falls over -7% despite reporting stronger than expected Q4 2024 earnings.
Source: The Kobeissi Letter @KobeissiLetter
Is AI hype a bubble or the next big thing?
Magnificent 7 stocks are 30 TIMES higher than where they were 10 years ago, exceeding gains of other historical manias. The Nasdaq 100 rose 12x in 10 years before the 2000 Dot-Com Bubble popped. The Nikkei 225 rose 10x in a decade during the Japanese bubble of the 1980s. Furthermore, Gold saw a 15x increase in price in the 1970s before its peak. Lastly, Nifty Fifty stock prices rose 5x in the 1960s before the bull market ended in 1969. Will AI live up to the historically high expectations? Source: The Kobeissi Letter
‼️US economy policy uncertainty is SPIKING:
This means economic environment will be challenging to predict and may impact investments and spending, as well as trigger more volatility in the markets. The index is only below the 2018 levels when the previous trade war took place. Source: Global Markets Investor
Trump is going to launch a Bitcoin Plus ETF.
Safe to say first-ever POTUS ETF issuer. Source: Eric Balchunas, Bloomberg
Trump 2.0 is definitively starting off differently.
The speed of announcements and changes has been staggering. JPM notes that Trump 1.0 started with asset managers' positioning much lighter than this go around. Source: JP Morgan, RBC
