The secret is there is no secret.
Consistency over intensity. Progress over perfection. Fundamentals over fads. Over and over again. Source: Investment Books (Dhaval)
Bitcoin rebounds to $58k after ETF investors bought the dip...
Inflows into Bitcoin spot ETF surged near $300M Source: www.zerohedge.com, Bloomberg
Looks like Biden keeps the lead on Democrats nomination and this means a high probability of Trump winning Presidential election
Source: HolgerZ, Bloomberg
What do Serbia, Czech Republic and India have in common?
central banks are ALL accumulating gold... Source: Bloomberg, Krishan Gopaul
A good chart on how narrow the US market has been this year:
Source: Hidden Value Gems This was actually made originally by Grant Hawkridge https://lnkd.in/e8nwsZYA
Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize economic growth.
Setting the stage for a two-day appearance on Capitol Hill this week, the central bank leader said the economy remains strong as does the labor market, despite some recent cooling. Powell cited some easing in inflation, which he said policymakers stay resolute in bringing down to their 2% goal. “At the same time, in light of the progress made both in lowering inflation and in cooling the labor market over the past two years, elevated inflation is not the only risk we face,” he said in prepared remarks. “Reducing policy restraint too late or too little could unduly weaken economic activity and employment.” Source: CNBC, Yusuf on X
Amazing stat here from Sonus Varghese / Carson thru Ryan Detrick.
High-tech construction was only 11% of overall manufacturing construction in late '20. Today it is 58%!
The luxury resale hierarchy by Quartr
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