The rise of digital gold in one chart. In 2012, one ounce of Gold was still worth 400 Bitcoin, now less than 0.05
Source: HolgerZ, Bloomberg
Yesterday Apple $AAPL suffers largest drop since September 6
Source: Barchart
BREAKING: Total US debt hits $34 trillion for the first time in history, putting US debt up 100% since 2014
Since the debt ceiling "crisis" ended in June 2023, total US debt is up nearly $3 trillion. This debt balance is more than the value of the economies of China, Germany, Japan, India and the UK COMBINED. The US is now spending $2 billion PER DAY on interest expense alone. Debt per capita is at a record high of $101,000. Source: The Kobeissi Letter
GLOBAL DEBT
by Visual Capitalist
Investing in stocks is one of the best options available to protect your wealth against money debasement
Over time, the purchasing power of the dollar declines, while the stock market increases. That means you need more dollars to buy the same things. If you want to protect your purchasing power, invest in stocks for the long run. Source: Charlie Bilello thru Peter Mallouk
Being a millionaire: BEFORE and NOW 😅
Source: Markets & Mayhem
Net effect of slowbalization is growing stagflation risk
Update "slowbalization" chart by IMF.
All-Time High $6.3 Trillion sitting in U.S. Money Market Funds
Source: Win Smart, CFA, FT
