US national debt 23 years later...
Source: Mayhem4Markets
💰According to Forbes, 70% of today’s billionaires are self-made
🤑The best examples are founders of companies that we all use today - Mark Zuckerberg (Facebook), Brin and Page(Google), Jeff Bezos (Amazon). Source: Genuine Impact
Private equity firms are redirecting their focus from mega buyouts to businesses such as private credit as higher interest rates disrupt their strategies
Over the past year, buyouts have been halted due to the impact of higher rates, resulting in private equity firms being burdened with portfolio companies acquired at high prices. In response to this challenging environment, some of the industry’s largest firms are venturing into new areas, including lending to companies, which has become more lucrative as central banks raise interest rates to combat inflation. Top executives from Apollo and Blackstone recently highlighted the potential of private credit and infrastructure investing at the annual IPEM industry conference in Paris. https://lnkd.in/exw5bqWp. Source: https://lnkd.in/eSMS2Q-k
ABB is back on strong support zone
ABB (ABBN SW) is back on major support zone 31.65-32.05. This level was the May breakout. Source : Bloomberg
In June 2023, the most visited website in the world is Google
The top website receives 152 billion visits monthly, almost equalling the next 4 websites combined. Source: Genuine Impact
Do you remember what Larry Summers said last year about soft landing?
This story of second marriage and the triumph of hope vs. experience seems to find an echo at the FED level...
The business outlook in Germany has improved slightly amid a shrinking economy
Source: Bespoke
First time in 2023 that ElectionBettingOdds has had Trump in the lead
Source: Bespoke