The world's richest universities
💰Of the 25 wealthiest schools worldwide🌍, only 2 are not from the United States. 💰As of 2022, the University of Texas System had an endowment value of $69 B, making it the wealthiest university in the world🤑. Source: Genuine Impact / Chris Quinn
The "maddest macro chart I have seen for many years." by Albert Edwards (SocGen)
"The US corporate sector is a massive net borrower. Normally when interest rates rise, so too do net debt payments, squeezing profit margins and slowing the economy. BUT NOT THIS TIME. Corporate net interest payments have instead collapsed. What on earth is going on?" asked Edwards "This chart not only explain the resilience of corporate profits, but is a key reason why this recession has been delayed – especially as companies in aggregate are now a net beneficiary of higher rates (NB: this is mainly explained by mega-caps as most of the other companies are in big trouble). Source: SocGen, www.zerohedge.com
A soft landing of the US economy is indeed a consensus view but it is starting to gain attraction following the lates job market reports (JOLTs, ADP, et.c)
Source: Hedgeye
Where do 8 billion people live?
Source: statsofindia.in
EGGFLATION... With the price of eggs up +13% yesterday and +33% for the month, consumers are shelling out more and more for groceries
Thank you Hedgeye for the great cartoon Source: WallStreetSilver, WSJ
The last 30 years...
Source: Seek Wiser
UPS was founded this day in 1907. It launched in the basement of a bar and the founders were still teenagers
They had two bicycles for deliveries. They borrowed $100 to get started. That’d be about $3,200 now. Today, UPS generates $3,200 in revenue every 2 seconds. Source: Jon Erlichman
The difference between being financially rich and enjoying a rich life
Source: Seek Wiser
