US inflation comes in lower than forecast:
Headline CPI slows to 2.8% in Feb from 3% in Jan, smallest since Nov2024, Core CPI cools to 3.1%, lowest since Apr2021. Housing inflation cools; airfares and pump prices drop. BUT: Inflation data doesn’t yet reflect tariff impact. Source: HolgerZ, Bloomberg
The seven most influential names in the market are testing a 1.5 year uptrend.
Source: TrendSpider
The United States now accounts for just 0.1% of global shipbuilding… 0.1%
Meanwhile, China alone is 53%+. (h/t: @BrianTHart) thru Geiger Capital
U.S. stock returns after declining 10% or more
Source: George Maroudas, CFP® @ChicagoAdvisor
Monday was the worst day of the year for the S&P 500 at -2.7%.
It turns out even the best years usually have a bad day. @Ryan Detrick found 22 times >20% for the year and the average worst day in those years was -3.5%. 1997 had a 6.9% worst day and still gained 31% for the year in fact. Source: Carson
Greenland Election:
A SURPRISING RESULT ‼️ The Democrats (Center-Right) and Naleraq (Right) have almost 54% of the vote, meaning if they wanted to they could form a ruling coalition that, from what I have read, would likely be more USA centric than Denmark centric. About 65% of the total vote is in (51/72 stations), Democrats in first then Naleraq and then Inuit. Source: CA ET Nerd @earlyvotedata
Albert Einstein once said...
"Weak people take revenge, strong people forgive, intelligent people ignore" Source: Wise Mentor | Leadership
HolgerZ:
"US President Donald Trump is dealing a lasting blow to confidence in the US, its products, and its stock markets. US exceptionalism is under threat from uncertainties about Trump’s political and economic policies" Source: Bloomberg
