Apple sales in India over the years
Source: Investywise
Elon Musk’s X is worth less than half of price he paid for Twitter
X is worth $19 billion a year after the $44 billion purchase. Employee restricted stock units are awarded at $45 a share. Source: Bloomberg, HolgerZ
Eurozone inflation sinks to 2y low as Eurozone economy shrinks:
CPI slowed to 2.9% in Oct, down from 4.3% and better than expected 3.1%. But Core CPI – that excluding food & energy is retreating less rapidly. It moderated to 4.2% in October from 4.5% the previous month. Our take: disinflationary trend is firmly in place in the EZ although wage inf’still stickiness and more difficult comps in H2 prevent core inflation to decline more meaningfully. We believe there is enough progress for the ECB to stay put (i.e rates hike cycle is over) and potentially cut rates next year if EZ economy slows down meaningfully Source: HolgerZ, Bloomberg
The US treasury curve is going in all directions
Interest rate futures are beginning to price-in a potential rate CUT this week, at a 5% chance. Meanwhile, the base case still shows rate cuts beginning in June 2024. However, odds of another HIKE in January 2024 are now up to ~36%... Source: The Kobeissi Letter
Franco-Nevada back on 2018 uptrend support
Franco-Nevada (FNV US) is back on 2018 uptrend support. It's also very close to 122.33 support. Keep an eye. Source : Bloomberg
The Anatomy of the iPhone:
A fascinating graphic showing key suppliers for Apple's latest smartphone 📲 by Quartr through Linas Beliūnas
Visualizing the Investments of the Ultra-Wealthy
Source: Visual Capitalist
As a remainder, Bank of Japan (8301.JP) is a tradeable stock so you can buy some if you wish
Note that the chart does not look pretty... Maybe the market doesn't give much credibility to the management? Source: www.zerohedge.com
