15 great swiss inventions
Source: World of statistics
US To Borrow $1.5 Trillion In Debt This & Next Quarter, After Borrowing A Massive $1 Trillion Last Quarter
During the October – December 2023 quarter, Treasury expects to borrow $776 billion in privately-held net marketable debt, assuming an end-of-December cash balance of $750 billion. The borrowing estimate is $76 billion lower than announced in July 2023, largely due to projections of higher receipts somewhat offset by higher outlays. During the January – March 2024 quarter, Treasury expects to borrow $816 billion in privately-held net marketable debt, assuming an end-of-March cash balance of $750 billion. Source: www.zerohedge.com
S&P 500 Q3 GAAP earnings per share are 18% higher than a year ago, the 3rd straight quarter of positive YoY growth. Quarterly earnings are now just 2% below the record high from Q4 2021
Source: Charlie Bilello
Bank of America research:
"Industry research suggests that, after accounting for efficiency, storage needs, the cost of transmission, and other broad system costs, nuclear power plants are one of the least expensive sources of energy." Source: BofA Global Research, Gustavo Philippsen Fuhr
In case you missed it... The SP500 Equal Weighted Index is now down more than 5% this year...
Source: Barchart
Apple sales in India over the years
Source: Investywise
Elon Musk’s X is worth less than half of price he paid for Twitter
X is worth $19 billion a year after the $44 billion purchase. Employee restricted stock units are awarded at $45 a share. Source: Bloomberg, HolgerZ
Eurozone inflation sinks to 2y low as Eurozone economy shrinks:
CPI slowed to 2.9% in Oct, down from 4.3% and better than expected 3.1%. But Core CPI – that excluding food & energy is retreating less rapidly. It moderated to 4.2% in October from 4.5% the previous month. Our take: disinflationary trend is firmly in place in the EZ although wage inf’still stickiness and more difficult comps in H2 prevent core inflation to decline more meaningfully. We believe there is enough progress for the ECB to stay put (i.e rates hike cycle is over) and potentially cut rates next year if EZ economy slows down meaningfully Source: HolgerZ, Bloomberg
