How to analyze a company in less than 5 minutes - study these ratios:
Source: Brian Feroldi @BrianFeroldi
Is it time for the West to rethink its economic model?
Chart @econovisuals thru Michel A.Arouet
Too much tax kills the tax...
The saying "too much tax kills the tax" refers to the concept of the Laffer curve, which suggests that excessively high tax rates can actually lead to a decrease in tax revenue. This happens because high taxes can discourage economic activity, leading to less income and ultimately, less tax to be collected.
There are now 9 US companies with a market cap above $1 trillion:
Microsoft, Nvidia, Apple, Amazon, Google, Meta, Tesla, Broadcom, and Berkshire Hathaway. A decade ago, Apple was the largest company in the US with a market cap of $750 Billion. Source: Charlie Bilello
Buying a Tesla is becoming more and more affordable with each passing month.
The average price of a used Tesla has moved down to a record low of $28,662. That's 58% below the peak price from July 2022. $TSLA Source: Charlie Bilello
The Evolution of Trading
Source: Barchart
The TACO trade is the new Trump trade
TACO = "Trump Always Chickens Out." Source: Wall St Engine @wallstengine
Elon Musk is formally stepping down from his role in the Trump administration after just five months
ending a tumultuous period during which he oversaw cost-cutting by the so-called Department of Government Efficiency (source: FT) 👉 It's no coincidence that he's leaving DOGE as of the end of May. After 130 days at the DOGE, the billionaire would have had to go before Congress to publish his accounts and fulfill his obligations of control and transparency...
