The average market strategist's 2024E S&P 500 target is 4837 with EPS of $237 for a return of 2.5% (excluding dividends) and a P/E of 20.4
Source: Julian Klymochko
Gen Z’s Favorite Brands in 2023 by Visual Capitalist
People have a lot of choice when it comes to shopping brands, but Gen Z’s favorite brands may surprise you.
No one is thinking about you as much as you think
Stop comparing yourself to others, don’t worry about what other people think and focus on your goals. Source: Peter Mallouk
Quartr just created this infographic that illustrates the 12 largest luxury companies by market cap
Four fun facts: → $LVMH's market cap is 50% larger than the bottom 10 companies *combined*. → $RMS is by far the largest single-brand company on the list, 3.5x the size of $RACE for example. → Despite owning 10+ brands including iconic maisons such as Gucci, Saint Laurent, and Bottega Veneta, $KER's revenue is "only" ~€20B, compared to Hermès' >€13B. → Tiffany & Co. got acquired by LVMH during the pandemic at a $16B valuation, which would place them at #7 on this list. Source: Quartr Activate to view larger image,
The multiple benefits of the daily 10,000 steps
Source: Seek Wiser
The pain trade in one chart: Most shorted US stocks gained 11.3% this week. Performance YTD now on par w/S&P 500
Source: Bloomberg, HolgerZ
Russel 2000 Index always in the 20 months range
Russel 2000 Index (RTY) remains in the range 1640-2020 since 20 months ! It's now approaching the upper band. Will it have enough strenght to breakout ? Source : Bloomberg
BREAKING >>>New York Fed President John Williams CNBC interview: The Fed "isn't really" talking about rate cuts right now
Mr. Williams said: - The Fed "isn't really" talking about rate cuts right now. - Committee members submit projections regarding path of interest rates. Inflation and economy is still uncertain, but base cases are looking pretty good. - Policy focused on getting inflation down to 2%. - Market reaction to all news events have been larger than normal. - Fed should be ready to hike again if needed. - Fed is at or near right place for monetary policy. - The policy restraints should be dialed back slowly over the next three years.
