12 Feb 2024
The SP500 is already up 5.4% on the year, well above the 1.9% average gain Wall Street strategists were predicting for all of 2024. $SPX
Source: Charlie Bilello
12 Feb 2024
Deutsche Bank AG's provisions for losses in US Commercial Real Estate were more than four times bigger in the last quarter
Source: Laurentiu B., Bloomberg
12 Feb 2024
The ongoing net inflows into bitcoin spot ETFs are now above $2.1BN...
BlackRock & Fidelity now hold 151,950 BTC worth +$7.16 billion for their spot Bitcoin ETF Source: Bloomberg
12 Feb 2024
SuperBowl tickets have never been more expensive.
Source: Ryan Detrick, Bloomberg
12 Feb 2024
Dr Michael Burry investment strategy
Source: Quartr
12 Feb 2024
GPUs are harder to get than drugs...
Companies are desperate for GPUs (A graphics processing unit (GPU) is a specialized electronic circuit initially designed to accelerate computer graphics and image processing). Source: TME, CB Insights
12 Feb 2024
Lots of talk about a bubble in AI/Mag 7...
At this point, valuations at the top are no where near as frothy as they were at the height of the Dot Com Bubble. The 5 largest stocks traded at 43x Fwd PE in March ‘00, a 59% premium to the Mag 7’s current multiple of 27x. Source: David Marlin, Goldman Sachs
12 Feb 2024
The S&P 500 is now 15% higher than where it was when the Fed started hiking rates in March 2022. $SPX
Source: Charlie Bilello
