16 Aug 2024
Eric Schmidt, ex-CEO at Google $GOOGL, said his former company is losing the AI race and remote work is to blame - WSJ
“Google decided that work-life balance and going home early and working from home was more important than winning” Source: Evan
16 Aug 2024
After escaping a black Monday (and the 2nd largest surge in the vix ever) over a week ago, the S&P 500 $SPX is only 2.2% away from all-time highs
Source: Barchart
16 Aug 2024
There are now 476,000 new homes for sale in the US, the highest inventory since February 2008.
Source: Charlie Bilello
16 Aug 2024
The Economist revised forecast shows the presidential election between Kamala Harris and Donald Trump is, in effect, a toss-up.
Source: The Economist
16 Aug 2024
Is long AI short yen the same trade?
Gray line is 30-year T-bond yield relative to tech 12 month forward earnings yield ratio Dotted green line is EUR/JPY Source: www.zerohedge.com
16 Aug 2024
China reported record levels of silver imports.
Source; Tavi Costa, Crescat Capital, Bloomberg
16 Aug 2024
JUST IN 🚨: Odds of a 50 bps interest rate in September has plummeted to less than 25%
Source: Barchart
16 Aug 2024
BREAKING 🚨 The S&P 500 has added nearly $4 TRILLION in market cap since the August 5th bottom
That's $4 trillion in 9 trading days or $444 billion PER TRADING DAY since August 5th. Source: The Kobeissi Letter
