Unproductive debt...
Every new dollar of US debt generates just $0.58 of GDP Source: Mike Zaccardi, BofA
NEW:US Spot Bitcoin ETFs hit $16 billion inflows 🚀
Source: Bitcoin Magazine
ASML Trying to Find Support
ASML is under pressure today, down 8% due to earnings. The next major support zone to keep an eye on is between 804-862. Source: Bloomberg
The amount raised by the former president is a record second-quarter haul that almost matches the sums raised during his entire 2016 campaign, according to an analysis of federal filings
Fundraising groups aligned with Donald Trump raised more than $400mn for his presidential election campaign between April and June — a record second-quarter haul that almost matches the sums raised during his entire 2016 campaign, according to a Financial Times analysis of federal filings. The figure, which is likely to grow as more of the political action committees that help fund campaigns report this weekend, is three times the first-quarter total and roughly double their contributions from the same period of the 2020 election. The massive windfall, which puts the Republican on track to outpace his Democratic rival President Joe Biden, came from small donors furious at Trump’s criminal conviction in New York and billionaires flocking to his campaign. Source: FT Link >>> https://lnkd.in/eijfGTMR
As highlighted by Corporate Rebels >>> In most traditional organizations, managers see only the tip of the iceberg – just a fraction of the issues.
According to Sidney Yoshida, only 4% of problems are known to executives. Being able to "fill thef gap" is key. And this is where smaller and more nimble structure can make a difference.
Speakers at the Bitcoin 2024 Conference in Nashville US
- Donald Trump - Robert F. Kennedy Jr. - Cathie Wood - Michael Saylor - Edward Snowden - Vivek Ramaswamy Source: Bitcoin Magazine
Russell 2000 $IWM is catching up with S&P500...
Russell 2000 is now up +11.3% YTD (with 10.3ppt has come in the last 5 sessions...) versus + for S£P 500 +19.35% YTD Source: Mike Zaccardi
iShares US Treasuries 20y+ $TLT forms a Golden Cross with an upward-sloping 200D moving average for the first time since January 2019!
The last one sent the ETF soaring by almost 50% over the next 2 months. Source: Barchart
