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Miami tops a global list of cities most at risk of a housing bubble.
The annual UBS Global Real Estate Bubble Index for 2024, which analyzes residential property prices in 25 major cities worldwide, revealed that Miami’s soaring housing market had the highest bubble risk with an index score of 1.79 — beating Tokyo and Zurich for the top spot. Source: Chartr, UBS
BREAKING: Polymarket’s prediction markets now show Donald Trump nearly 9 percentage points ahead of Kamala Harris.
This is nearly his largest lead since Kamala Harris entered the election. Source: The Kobeissi Letter on X
🚨 US INSIDERS ARE STOPPING BUYING THEIR COMPANIES' STOCKS🚨
US firms' executives purchased $2.3 billion worth of stock year-to-date, THE LEAST since 2010. To put this into perspective, during the COVID CRASH in 2020 they bought $1.3 billion in one month Source: Global Market Investors
$GOOGL's share of the U.S. search ad market is expected to drop below 50% next year for the first time in over a decade, according to eMarketer.
TikTok is already targeting ads based on search queries, and AI startup Perplexity, backed by Jeff Bezos, is planning to roll out ads soon. Meanwhile, Amazon, with a 22.3% share, continues to grow fast. The competition is heating up... Source: WSJ thru Wall Street Engine
Financial statement red flags.
Nice summary by @safalniveshak thru Brian Feroldi
Out of the 25 world leaders included in a release by Morning Consult
Only eight can currently claim positive net approval ratings - meaning that more people in their country approve of them than disapprove. The exceptions are Prime Ministers Narendra Modi, Anthony Albanese, Dick Schoof, Simon Harris and Donald Tusk of India, Australia, the Netherlands, Ireland and Poland, respectively, as well as the presidents of Mexico, Argentina and Switzerland, Andrés Manuel López Obrador, Javier Milei and Viola Amherd. Source: Statista
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