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US Services Gauge Shrinks Unexpectedly in Worst Slide Since 2020
Source: Bloomberg
US equities: New highs > new lows last week for first time since August and only 3rd time since Nov 2021.
NYSE + Nasdaq New highs & lows (as a % of issues traded) Willie Delwiche, All Star Charts Plus
Michael Saylor Bitcoin strategy
Michael Saylor, CEO of Microstrategy, shows that his strategy of accumulating bitcoin (using Microstrategy Treasury money) since August 2020 is still doing better than investing in any other asset classes.
With interest rates on the rise and monetary conditions tightening, US corporate bankruptcies are finally starting to tick higher
Source: Bloomberg, Crescat Capital
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