Reminder
U.S. markets are closed Tomorrow, Monday, Feb. 19, in observance of Presidents Day. The NYSE, Nasdaq and bond markets will be closed. The next market holidays will be Friday, March 29, for Good Friday, followed by Memorial Day on Monday, May 27.
Pound Bulls Stand Their Ground
source: bloomberg
Why you should never trade on a curved screen
source: wallstreetbets
The EU’s tough new moderation rules are about to cover a lot more of the internet
The European Union’s Digital Services Act (DSA), a tough new piece of regulation that imposes new rules around content moderation and online advertising, is about to expand to cover huge swathes of the internet. Starting February 17th, the rules will apply to every online platform with users in the EU, in addition to the 19 Very Large Online Platforms (VLOPs) and Very Large Online Search Engines (VLOSEs) that have had to comply with the rules since last August. The DSA’s obligations include a ban on targeting underage users with ads based on their personal data, and targeting anyone based on sensitive data like sexual preferences or religious beliefs. When it comes to content moderation, sites will have to provide a reason to users when their content or account has been moderated, and offer them a way of complaining and challenging the decision. There are also rules around giving users the ability to flag illegal goods and services found on a platform. source : theverge
Productivity Gap
The US has remained ahead of the EU in labour productivity since the mid-1980s, with the gap growing between the US and EU in the early 2000s as mass adoption of information technology took off.
Tech Funds are on track to see inflows of $85 billion this year, an all-time high
source: BofA, barchart
Bitcoin is over $50k and retail trading volume on Coinbase is still 85% off its high.
Source: Bloomberg, Sam Callahan
Energy is the most de-correlated sector to Tech.
Source: BNP
