Mind the gap...
WisdomTree launches first European-only defence ETF. In white >>> Wisdom Tree Europe Defence index In yellow >>> NYSE Arca Defense Index (DFI) Source: Bloomberg, HolgerZ
The resilience of the yellow metal shines through as Gold reaches an All-Time High
Comparatively, other assets have experienced drawdowns from their respective All-Time Highs: - Berkshire $BRKB: -4% - Gold Miners $GDX: -4% - S&P 500 $SPY: -8% - Oil & Gas $XLE: -9% - NDX $QQQ: -12% - Transports $IYT: -15% - Mag7 $MAGS: -18% - Software $CLOU: -18% - Bitcoin $XBT: -22% - Banks $KRE: -22% - SOX AI $SOXX: -24% - Home Builders $ITB: -25% - ARK $ARKK: -68% Data Source: Lawrence McDonald
Ferrari, which spun out from Fiat seven years before Porsche went public, has raced ahead in the (nearly) 10 years since it hit the market.
Unlike its German rival, the Prancing Horse has kept investors enamoured with measuredly infrequent supercar drops, impressive delivery figures, a loyal customer base, and (unlike other luxury titans) its relatively low exposure to China — though even “relatively low” can still be too high. Ferrari shares were up 760% from its 2015 IPO at Tuesday’s close. Source: Chartr
No matter what happens in this world, the markets will always reach all-time highs every single time.
Keep investing. $SPY Source: StockWhale @thestockwhale
U.S. stock returns after declining 10% or more
Source: George Maroudas, CFP® @ChicagoAdvisor
Monday was the worst day of the year for the S&P 500 at -2.7%.
It turns out even the best years usually have a bad day. @Ryan Detrick found 22 times >20% for the year and the average worst day in those years was -3.5%. 1997 had a 6.9% worst day and still gained 31% for the year in fact. Source: Carson
HolgerZ:
"US President Donald Trump is dealing a lasting blow to confidence in the US, its products, and its stock markets. US exceptionalism is under threat from uncertainties about Trump’s political and economic policies" Source: Bloomberg
The art of a deal???
Source: Factset, Michel A.Arouet
