Food for Thoughts
Source: Mind Matter Money
NEW: 🇺🇸 Spot Bitcoin ETFs bought 66,008 BTC in March, while miners only produced 28,513 BTC
Source: Bitcoin Magazine
Here's the (probable) reason for today's sell-off on bitcoin ->
*WALLET LABELLED AS 'SILK ROAD DOJ CONFISCATED FUNDS' CONTAINING $2 BILLION OF BITCOIN INSTIGATES POSSIBLE TEST TRANSACTION FOR 0.001 BTC TO COINBASE PRIME WALLET: ARKHAM DATA AND LABELLING - THE BLOCK PRO See chart below highlighting the effects on bitcoin of last Silk Road sale... Source: www.zerohedge.com
Maybe we have hit the pain threshold...
i,e the hashtag#nasdaq green line) can not move higher as the number of rate cuts expected for this year (red line) keeps decreasing... Source: www.zerohedge.com, Bloomberg
Tesla $TSLA 1Q'24 Deliveries are ugly: Total deliveries -8.5% Y/Y with Model 3/Y -10%
Stock is down -5% today and now down -33% year-to-date... Source: Consensus Guru
German inflation slowed to 2.2% in March from 2.5% in February as expected but core CPI more sticky.
Core inflation slowed to 3.3% from 3.4% in Feb. Source: Bloomberg, HolgerZ
BREAKING: Oil prices have officially broken above $85.00 for the first time since October 2023.
Since the December 2023 low, oil prices are up over 25% as geopolitical tensions have escalated. This comes as PPI, CPI and PCE inflation all posted year-over-year increases in February. Demand forecasts are being raised and supply disruption risks continue to rise. Higher oil prices are simply just the new normal in the post-pandemic world. Is the fight against inflation really over? Source: The Kobeissi Letter
How Small Investments Make a Big Impact Over Time 💸
Source: The Visual Capitalist
