Ferrari $RACE Q4 2024 results
"Quality of revenues over volumes: I believe this best explains our outstanding financial results in 2024" – Benedetto Vigna, CEO. Shipments +2% *EMEA +4% *Americas +8% *Greater China -21% *APAC +5% Revenue +14% EBIT +26% *marg 27% (24.4) EPS +32% Source: Quartr
Visualizing the Rise in Global Coal Consumption ⚡️
Source: Elements
Believe it or not, but the us has one one of the lowest tariff rates in the developed world... See chart below courtesy of DB.
NB: Most favored nations (MFN) Weighted mean tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country.
Range trader's paradise. 🏝️ $BTCUSD
Source: Trend Spider
Are tariffs inflationary? us 5-year breakeven rate just surged to its highest level in nearly 2 years.
Source: Tavi Costa, Bloomberg
The price of eggs in the U.S. is at an all time high and continues to climb.
Due to the ongoing bird flu outbreak and inflation, egg prices sat at $4.15 in December, that was up from $3.65 in November. The unusually high prices come after the outbreak...
UBS Group AG profit for the final quarter of 2024 beat expectations, aiding the Swiss bank in boosting buyback plans for this year to $3 billion.
Net income for the three months to December came in at $770 million, compared with a forecast for $486 million. Source: WSJ
The chart below - courtesy of LSEG - explains why canada and mexico both "kiss the ring" yesterday...
Source: LSEG Datastream
