The World’s Biggest Fashion Companies by Market Cap 👔
Source: Visual Capitalist
Bubbles out into perspectives...
Source: Refinitiv
When you invest in US debt, think twice...
In Q4 2023, nominal GDP grew by 3.2% according to data on Wednesday. This would mean a $334.5 billion increase in nominal GDP. Meanwhile, over the same time period the US added $834.2 billion of debt. In other words, it cost us $2.50 of debt for every $1.00 of GDP last quarter, according to Zerohedge. As Fed Chair Powell recently said, "we are on an unsustainable fiscal path." What's the long term plan here? Source: The Kobeissi Letter, www.zerohedge.com
Bonds are “safe”?
Think again, they have also had large, extended drawdowns, UBS Yearbook shows.
Buffett's longest held stocks:
$KO - 34 years $AXP - 29 years $MCO - 22 years $GLBE - 22 years $PG - 18 years He has returned 20% CAGR since 1965. Source: The Investing for Beginners Podcast
Coinbase suffered a glitch on Wednesday that left many users seeing a zero balance in their account.
The Coinbase crash just erased $100 BILLION of market cap in Bitcoin in 15 minutes. Between 12:15 PM ET and 12:30 PM ET, Bitcoin fell from $64,000 to $59,000. This was a near 9% swing in 15 minutes right as many Coinbase users began showing a $0 balance in their account. It also happened to occur just as Bitcoin was less than 10% away from a new all time high. Coinbase is reportedly still working on fixing the issue. Source: The Kobeissi Letter
Bitcoin ETFs have smashed their daily trading volume record with $6.28 billion so far.
More than double the previous record of $3b. Source: JSeyff, Bitcoin archive
Mag 7 market cap is higher than India & Japan listed equities combined
Source: r/IndianStreetBets on Reddit
