Uranium ETFs now at $5b in assets
Source: Eric Balchunas, Bloomberg
US Stock Market Capitalization as % of GDP...
1984: 42% 1994: 63% 2004: 93% 2014: 114% 2024: 187% Source: Charlie Bilello
“If you cannot control your emotions, you cannot control your money.”
— Warren Buffett Andrew Lokenauth | TheFinanceNewsletter.com
India copper consumption
Source: USGS
As highlighted by Lyn Alden ->
"People often report the nominal amount of cash that Berkshire $BRK.B has, as though Buffett is hoarding cash. You can't just look at the nominal cash level. All of Berkshire's numbers go up. An insurer needs a lot of liquidity. His cash as a % of his assets is in a normal range".
Great observation by Dr. Michael Stamos, CFA - Head of Global Research & Development of Global Multi Asset Department at Allianz Global Investors
-> "On days when bonds were up, stocks tended to go up as well. When bonds fell, stocks managed to stay at least flat. Overall it was a pretty nice environment for equity investors. Lets hope this doesn't turn into a high-correlation-when-markets-are-down type of environment".
JUST IN 🚨: Treasury Secretary Janet Yellen says the Bank of Japan BoJ should consult with her before intervening to support Japanese Yen
Source: Barchart
What is a credit default swap? (CDS)
Source: Boring_Business @BoringBiz_
