OpenAI is now the world's second most valuable private company
Source: Markets & Mayhem @Mayhem4Markets
What's your favorite US mega-cap here?
Source: Bespoke
Is Trump's plan to reshore manufacturing already working?
This is the biggest increase in manufacturing jobs since October 22, which was followed by a 2 year manufacturing recession. Source: Bloomberg, www.zerohedge.com
The Magnificent 7 is officially in bear market territory 🐻
Source: Koyfin
Negative interest rates have made a return in Switzerland, as noted by Costa Vayenas
Specifically, the one-month CHF government bill yield indicates a scenario where holders of Swiss francs are willing to pay the borrower instead of receiving interest. Source: C. Vayenas
The SP500 clawed back earlier losses on Monday to end the session higher after briefly touching six-month low.
However, the tape wasn't all that bullish despite the big reversal. Indeed, Tech completed a top relative to $SPY while defensive stocks completed a bottom. Not the kind of risk appetite you want to see on a rally. Source: Steven Strazza
🔴 They really waited until the last 10 minutes..
Yesterday's "Market On Close" buy imbalance (for pension buying) was the highest on record (source: Goldman) Source: GS, www.zerohedge.com
Richmond Fed asked companies how the plan to respond to tariffs.
Strong majority plan to raise prices... Source: Dario Perkins @darioperkins on X
