A brief history of asset bubbles.
Source: @thedailyshot, Lance Roberts @LanceRoberts
The $VIX spiked 74% higher yesterday, the 2nd biggest 1-day % increase in history
Volatility is back. Source Charlie Bilello
🚨FROM THE MOST EUPHORIC MARKET IN HISTORY TO A COMPLETE BLOODBATH IN 2 HOURS🚨
US stocks, Gold and Bitcoin massacred after the Fed cut rates by 0.25% and expect fewer cuts in 2025 and 2026 due to inflation concerns. VIX and US dollar spiked. Performance yesterday: S&P 500 -3.0% - biggest drop since March 2020 CRASH Nasdaq -3.6% Russell 2000 -4.7% Dow Jones -2.6% Bitcoin -5.5% Bank Index -4.2% VIX +54% front mth futures VIX +17% Gold -2.2% Silver -3.3% WTI Crude Oil -0.9% Source: Bloomberg, Global Markets Investor
🚨 Saudi Arabia's U.S. Treasury Holdings are now the largest in more than 4.5 years
Source: Barchart, Bloomberg
It has been a very quiet year... Can we expect the same in 2025???
Source: Asym 50, RBC
YTD returns
Source: IceCap
Returns since election...
Dogecoin: +120% Coinbase: +65% Tesla: +31% Bitcoin: +28% Banks: +11% Small Caps: +5.9% S&P 500: +3.5% US Dollar: +2.5% --- Long-Term Treasuries: -2.2% International Stocks: -2.9% Gold: -5.3% Oil: -5.4% China: -7.1% Trump Media: -10% Volatility: -28%
FLOWMAGEDON... This is absolutely insane:
1. Tesla, $TSLA, has added $450 billion in 1 month 2. Bitcoin has added $1 trillion over the last 12 months 3. The S&P 500 has added $15 trillion over the last 13 months 4. Gold has added $4.5 trillion over the last 12 months 5. Nvidia, $NVDA, has added $2.4 trillion over the last 12 months 6. The Magnificent 7 have added $9 trillion over the last 4 years We are witnessing one of the greatest runs in stock market history.
