Is this sustainable? Nvidia results tonight might give us a clue...
Source: Mac10
Credit Agricole’s bond desk is targeted by climate activists
The French bank is under pressure to reveal the carbon footprint of its bond business. A group of investment managers with $777 billion in combined assets is using the bank’s AGM to demand that it start disclosing the greenhouse gas emissions tied to its capital markets operations.
Source: Bloomberg
A POSITIVE contrarian signal >>>
EQUITY mutual funds are working on their 82nd straight month of OUTFLOWS. Source: Bloomberg, Eric Balchunas
China may well be the world leader for de-risking trade ties
• Chinese firms have been developing ties with emerging markets over past ten years • This reduces China's reliance on unfriendly markets (🇺🇸🇪🇺), shielding Beijing from geopolitical tensions Source: FT, Agathe Demarais
The death of volatility? VIX, VXN and VXTLT are all printing new recent lows, hitting levels not seen in years.
Source: Bloomberg, The Market Ear
Happy Bitcoin Pizza Day, everyone!
14 years ago, Laszlo Hanyecz, a Floridian programmer, bought 2 Papa John's pizzas for 10,000 $BTC. Today, those pizzas would be valued at $700 million.
$NVDA publishes its Q1 FY 2025 report today.
The company is now the third-largest in the world, trailing only $MSFT and $AAPL, after seeing its market cap rise by 200% over the last year alone. Will the brutal momentum continue? Source: Quartr
Shanghai and global freight costs are surging again.
We just experienced one of the steepest 2-week changes in history. Source: Tavi Costa, Bloomberg
