29 Oct 2024
Of the 100 largest companies (the S&P 100), there are 25 who are trading for more than 50x reported earnings.
Meantime, there are zero companies trading for less than 10x earnings. Source: Jeff Weniger
29 Oct 2024
US equities Bull markets go on longer than many of us think they will.
Source: Carson, RBC
29 Oct 2024
With oil at $68, Russian FX reserves at/near all-time highs while Russian foreign debt, in USD, at 12+ year lows...
Source: Macrobond
29 Oct 2024
Just in 🔉 Reuters sources: China's leading legislative body weighs approval of new fiscal package exceeding 10 trillion yuan ($1.4 trillion dollars) on November 8
Sources: China intends to approve raising new 10 trillion yuan debt through special treasury and local government bonds in upcoming years. fiscal plan to allocate 6 trillion yuan for local government debt and up to 4 trillion yuan for idle land and property acquisition. China could unveil enhanced fiscal measures if trump secures U.S. presidency.
29 Oct 2024
U.S. Dollar dominates global payment network swift
Source: Statista
29 Oct 2024
Walking into work this morning with $BTC trading above $71,000
Source: Trend Spider
29 Oct 2024
Bitcoin Breaking 1st Important Resistance
Bitcoin (XBTUSD) is breaking the 70,000 resistance level! This marks the first confirmation of the end of a 7-month consolidation phase. Next level to keep an eye on is 73,798. Source: Bloomberg
28 Oct 2024
Investing is risky. Not investing is riskier.
Source: Brian Feroldi
