Will the seasonality of volatility matter this year? 🤔
If so, we may be at the trough before a fairly significant rise into mid-March. Source: Markets & Mayhem
From The Markets article on US banks’ portfolios of commercial real estate:
“Bloomberg’s review found 22 banks with $10 billion to $100 billion of assets hold commercial property loans three times greater than their capital. Half of those firms had growth rates surpassing the thresholds laid out by regulators. The tally was even higher among banks with less than $10 billion of assets: 47 had outsize portfolios, of which 13 had swelled rapidly. The analysis excludes loans for nonresidential buildings that are occupied by their owners.” Source: Bloomberg
The best investors
Source: Compounding Quality
AI hype has hit a whole new level: Super Micro Computer is now the 161st largest public company in the United States.
One year ago, Super Micro Computer stock, $SMCI, was worth less than $5 billion. Today, it is worth $55 billion and up over 1000% from its 2023 low. Since January 1st, the stock is up a massive 230% adding ~$30 billion in market cap... Source: The Kobeissi Letter
Terrific threes
Just 3 stocks together are now bigger than the whole of EuroStoxx50, FTSE 100 and the SMI20. source : tme
There seems to be no stopping Nvidia's scorching rally.
The day after surpassing the market value of Amazon, the chip giant has now overtaken Alphabet as well. Nvidia's stock has climbed ~49% YTD and added some $602bn in value, BBG has calculated. source : holgerz
Video Spaces with Screen Sharing' coming soon on X
X is becoming the everything app source : dogedesigner, wallstreet silver
Fasten your seat belt?
Strange similarities between today's environment and the period leading up to the Great Depression. source : crescat capital
