🚨Chinese carmakers are taking over Europe:
Chinese brands now represent a RECORD ~10% of all passenger cars sold in Europe. This surpassed both US and South Korean rivals for the 1st time EVER. Their EV market presence more than DOUBLED in 2025, to 11%, and hit 16% in December alone. Japanese brands remain the leaders at ~13% but at this pace China will overtake Japan as early as 2026. China is starting to dominate the global car market. Source: Global Markets Investor Bloomberg, Dataforce
CIOs are telling CEOs to slow down capex...
Source: BofA
Suddenly everyone hates AI
Source: Bloomberg
Banks and insurers might be longs as structural beneficiaries in the AI era.
Back office tasks get automated and margins improve. Software has a large opportunity to improve efficiency as well. Source: Greg @GS_CapSF
AI disrupting toilets next
Source: Bloomberg
THE WORLD RUNS THROUGH 8 STRAITS
Here are the key chokepoints: • Malacca ~25% of global traded goods • Hormuz ~25% of global oil, ~⅓ of LNG • Singapore ~50% of global seaborne trade • Gibraltar Atlantic ↔ Mediterranean • Bosphorus Black Sea outlet • Magellan Atlantic ↔ Pacific backup • Bering Arctic gateway • Bass Australian passage These are pressure points. Close Hormuz... Oil spikes. Disrupt Malacca... Asia freezes. Block Bosphorus... Black Sea trade halts. Geopolitics isn’t abstract. It’s maritime geometry. Source: Jack Prandelli @jackprandelli on X
The "Feel good story of the day".
If you invested $10,000 in Beyond Meat in 2021, today you would have $41. The stock was as fake as the meat. Source: Brew Markets @brewmarkets Wall Street Mav
Three silent killers of bull markets.
"The investor's chief problem - and even his worst enemy - is likely to be HIMSELF" - Ben Graham Nice visual by @safalniveshak
