BREAKING: The Canadian dollar is flying after reports that Prime Minister Trudeau is to announce resignation as early as Monday
Source: Reuters, Bloomberg
Tom Lee of FundStrat just said, "We expect something around $250,000 for Bitcoin in 2025."
That’s a +155% move from here. Is it possible or too bold of a take? 🤔 $BTC Source: Trend Spider
WALL STREET ANALYSTS' S&P 500 MEDIAN TARGET FOR 2025 IS 6,600
Wall Street expects a 12% increase in the S&P 500 in 2025. As shown by blue bars, Wall Street always projects positive years. This is despite declines in 2000-2002, the 2008 Financial Crisis or 2022. Source: Global Markets Investor, Bloomberg
Don't try to time the market:
Source: LPL research through Brian Feroldi
An incredible coincidence: The Simpsons vs. Trump
In 2000, The Simpsons predicted that Donald Trump would become president of the United States. Although the most famous images come from a 2015 episode, the idea was raised much earlier. Source: Vertigo_Warrior on X
$SPX is expected to report Y/Y earnings growth of 11.9% for Q4 2024, which is below the estimate of 14.5% on September 30
Source: Factset
China 10 Yr Yield is dropping like a stone.
Irving Fisher Debt Deflation spiral in real time? 1.63% Source: James E. Thorne @DrJStrategy
Swiss Bitcoin Initiative: Proposal Seeks to Add Bitcoin to National Reserves - see below some explanations by @BraveNewCoin
🔴Efforts are underway in Switzerland to amend the Swiss Federal Constitution to mandate the Swiss National Bank (SNB) to hold Bitcoin alongside gold as part of its monetary reserves. This ground breaking initiative, officially registered in the Federal Gazette on December 31, 2024, seeks to position Switzerland at the forefront of global Bitcoin adoption ‼️ 👉 The Proposal and Its Architects The initiative, titled “For a financially sound, sovereign, and responsible Switzerland,” was spearheaded by Giw Zanganeh, Tether’s Vice President of Energy and Mining, alongside Yves Bennaïm, founder of the Swiss Bitcoin nonprofit think tank 2B4CH. Eight additional Bitcoin advocates collaborated on the proposal, which requires 100,000 signatures by June 30, 2026, to trigger a national referendum. This threshold represents roughly 1.12% of Switzerland’s population of 8.92 million. 👉 If successful, the proposed amendment would revise Article 99 Paragraph 3 of the Swiss Federal Constitution to state: “The National Bank builds up sufficient monetary reserves from its own earnings; part of these reserves are made up of gold and Bitcoin.” 🚨 The official PDFs (and instructions) are here 👇 : if you are Swiss you can sign and send it back to BITCOIN VOLKSINITIATIVE, POSTFACH 521, 6440 BRUNNEN
