20 Aug 2024
Is Powell a super hero?
As highlighted by Genevieve Roch-Decter, CFA in a post, despite interest rates at +20-year highs and QT still ongoing, we have: - the stock market at all-time high - gold at all-time-high - the total value of US real estate at a new record high - bitcoin at $60k. Meanwhile, inflation is cooling down while the US economy seems to be in decent shape with unemployment rate near record low. So far so good for the FED chair. Image by Adam Tooze on X
20 Aug 2024
14% of PCs shipped globally in Q2 were AI capable
Source: Canalys
20 Aug 2024
Massive money pours into the Invesco S&P 500 Top 50 ETF
Source: Bloomberg
20 Aug 2024
One Million dollar baby... For the first time in history, a Gold Bar is worth $1 million
Source: Barchart, Bloomberg
20 Aug 2024
"Unprecedented Swing": CTAs To Buy $86BN In Global Stocks This Week, The Most On Record
Source: zerohedge, Goldman
20 Aug 2024
Flights, Hotels and Parks Are All Flashing Travel Warning Signs - Bloomberg
Facing an uncertain outlook, consumers are getting choosier when booking vacations and holding out for discounts. ‘We’re shifting back to normal.’
20 Aug 2024
For the fourth consecutive month, the US LEI (leading indicators) has not signaled a recession ahead
Source: Mike Z.
20 Aug 2024
The importance of customers
Source: Vala Afshar
