SEC delays decision on spot bitcoin ETF options
American regulators are again delaying a decision by 45 days on whether to allow options on spot bitcoin ETFs. The Securities and Exchange Commission published a notice Monday saying that it "designates May 29, 2024 as the date by which the Commission shall either approve or disapprove, or institute proceedings to determine whether to disapprove," allowing the New York Stock Exchange to start listing options on spot bitcoin ETFs. source : theblock
What does a $1T data center upgrade cycle mean for copper demand?
Here is how to do the math 👇 Is copper not that scarce after all? Source: Visual Capitalist thru IVANA SPEAR
As shown by Meb Faber, holding 40% gold instead of US treasuries within your 60-40 portfolio would have delivered similar results as the 'traditional' 60-40 portfolio...
Going forward, with US Treasuries expected to be a poor diversifier due to supply overhang and sticky inflation, gold might prove to be even more useful within multi-assets portfolios.
US stocks are expensive. That is true, but it is mainly due to tech.
If you look around you'll notice that areas like the cyclicals (energy, financials, materials, and industrials) are all fairly valued and in some cases outright cheap. Source: Carson Investment Research
Here’s what Wall Street is expecting for US CPI today
Source: WSJ
JUST IN: Federal Reserve will cut interest rates by 50 basis points as soon as June and 150 points by the end of this year, says State Street in call against Wall Street consensus
Source: Bloomberg, radar
Breaking News: Fitch revises outlook on china to negative
Source: Bloomberg, David Ingles
Costco is selling a lot of Gold
Source: Nostra, House of Gold, CNBC
