Why you should invest for the long run - Nikhil Kamath / InvestyWise Nikhil Kamath
(Stats are for Indian hashtag#stocks but the principle remains the same for most equity markets in the world) "Someone's sitting in the shade today because someone planted a tree a long time ago." - Warren Buffet
U.S. Banks have fallen to an all-time low against the S&P 500
Source: FT, Barchart
For the first time in years, crypto markets are beginning to see tons of new liquidity
Since November 2022, crypto markets have added $600 billion in value. That's a +75% jump in one year while Bitcoin is up +120% over the last year. This comes after years of consistent outflows from crypto markets. Source: The Kobeissi Letter
This has happened ONLY 2 times in the last 75 years. In the US, savings as a % of income is now contracting, indicating that people are find it VERY hard to save
The last 2 contractions happened in: - 2008 - 2020 High interest rate + high debt is a MAJOR problem for people Source: Game of Trades
Microsoft $MSFT has joined Apple $AAPL as the 2nd individual company that has a bigger market cap than the combined market cap of all stocks in the small-cap Russell 2,000:
Source: Bespoke
Moody’s cuts U.S. credit outlook from stable to negative. Will markets just shrug it off on Monday?
Source: Trend Spider
Taiwan Semiconductor 2nd attempt
Taiwan Semiconductor (TSM US) is trying to breakout June downtrend resistance for the second time. This time volume is very strong. Source : Bloomberg
Diageo looking for support
Diageo (DGE LN) down 15% today, under a lot of pressure. Next support level is the 2009 uptrend support around 2660. There is also another support at 2500. Source : Bloomberg
