$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
Global Equity Returns in 2024...
Source: Charlie Bilello
Non-exhaustive list of Macro, Systematic & Multi-strategy hedge funds returns for 2024.
Source: Bloomberg, The Long view
The S&P 500's 2.6% decline from Christmas through year-end was the worst end to a year since at least 1952.
Source: Bespoke
This website gave away 5 free bitcoin to everyone who completed a simple CAPTCHA back in 2010.
In total, the website gave away 19,700 BTC for free or $1,970,000,000 at the current exchange rate. Source: Documenting ₿itcoin @DocumentingBTC on X
The value of a home in America since 1924.
Real estate is one way to protect your wealth against money debasement Source chart: re-venture
