Mark Carney has won Canada’s election
The national broadcaster projected, but his parliamentary majority hangs in the balance after a campaign dominated by the country’s relationship with the US under Donald Trump. Carney’s party was on track to win the largest number of seats and the right to form a government as polls closed across much of the country on Monday, according to the Canadian Broadcasting Corporation. However, whether he could command a parliamentary majority or would have to depend on other parties to govern in a minority administration remained too close to call on Monday night. At 11pm in Toronto, the Liberals were ahead in 159 seats in the 343-seat House of Commons and the Conservatives in 142, according to the CBC, putting Carney’s party in a commanding position to form at least a minority government. Source: FT
25% of U.S. Consumers are now using "Buy Now, Pay Later" to finance their groceries 🚨🚨
Probably Fine? Source: Barchart
A classic...
Source: Barchart
Buffett with $334.2 BILLION in cash
Source: Warren Buffett Stock Tracker
Bravo 👏
Source: Sven Henrich @NorthmanTrader
BREAKING: Luis Antonio Tagle overtakes Pietro Parolin as the likely successor to Pope Francis.
If elected, Cardinal Tagle would be the first Filipino Pope in history. Source; Stocktwits
Which firm has the most CFA Charterholders?
58 firms have 300 or more CFA Charterholders. They are domiciled in 11 countries (alphabetical order): Australia, Canada, China, France, Germany, Japan, Netherlands, Spain, Switzerland, UK, USA. These 58 firms still employ a combined quarter of all CFA Charterholders. RBC moved from third place to first place, trading places with UBS which last year had been boosted into the top spot as a result of the CS merger. JPMorgan remains #2, Bank of America #4 and Morgan Stanley #5. Goldman Sachs displaced Ernst & Young in the top 10. TD vaulted over HSBC to take the sixth spot while Blackrock snatched eighth place from Citi. A fun fact: over 1 in 10 of these 58 firms are led by CFA Charterholders. A total of 14,807 candidates passed the Level III exam during the February and August 2024 exam windows. Over the last 12 months the number of CFA Charterholders for the first time climbed over 200,000. Relatedly, the total number employed at these top firms rose by 5% (from 41,805 to 44,158). Source: Rob Langrick, CFA, CIPM
The world’s biggest economies based on purchasing power parity (PPP), not nominal GDP — according to the IMF.
(PPP adjusts for cost of living and inflation, so it reflects what people can actually buy in their own countries — not just raw dollar totals.) Source: Wall St Engine on X
