S&P 500 $SPX hits all-time high
Source: Barchart
US Demographics
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A new study by the University of Arkansas pitted 151 humans against ChatGPT-4 in three tests designed to measure divergent thinking, which is considered to be an indicator of creative thought
Not a single human won. Source: Jeremiah Owyang
Do you remember March 2000 ???
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The issue with europe:
1) Over-regulation; 2) Too much bureaucracy: 3) Lack of hashtag#innovation. As shown below, Tech champions are lacking. Source: Bloomberg
Siemens looking for support after earnings
Siemens (SIE GY) under a lot of pressure after earnings report. Trend remains bullish. For the moment consolidating after recent new all time high. Support zones to look at are 173,52-175.64 and major 169,70-171,95. Source : Bloomberg
Bitcoin showing strenght but entering resistance zone
Bitcoin (XBTUSD) is approaching resistance zone 66'500-67'300. If it can close above that level, this could be the end of March consolidation. Keep an eye at this key level. Source : Bloomberg
New York City now has 349,500 millionaires, more than any city in the world
Over the last decade, the number of millionaires in NYC has risen by a massive 48%. At the same time, in The Bay Area, the number of people with a seven-figure net worth has risen 82% to 305,700, the second-highest worldwide. This surge has been driven by a massive rally in financial markets and real estate prices. Meanwhile, 78% of Americans live paycheck to paycheck, according to the latest Payroll-org survey. The rich are getting richer at the fastest pace ever. Source: The Kobeissi Letter, Bloomberg
