US Small-Business Optimism Falls to a More Than 11-Year Low
source : Bloomberg
Visualizing the growth of $100, by asset class returns across U.S. equities, bonds, real estate, gold and cash since 1970.
source : visual capitalist
SEC delays decision on spot bitcoin ETF options
American regulators are again delaying a decision by 45 days on whether to allow options on spot bitcoin ETFs. The Securities and Exchange Commission published a notice Monday saying that it "designates May 29, 2024 as the date by which the Commission shall either approve or disapprove, or institute proceedings to determine whether to disapprove," allowing the New York Stock Exchange to start listing options on spot bitcoin ETFs. source : theblock
China and Hong Kong stocks lost nearly $5 trillion in 3 years — more than India’s market cap
Stocks in China and Hong Kong sold off a massive $4.8 trillion in market capitalization since 2021, which according to HSBC, is more than the value of the Indian stock market. Indian stocks have rallied amid broader optimism about the country’s growth. Despite a subdued global IPO market, research from EY showed Indian stock exchanges also had the most IPOs in 2023. https://lnkd.in/eFCFMe2s Source: CNBC
No one holds Russell 2000 (small-caps) stocks any more...
Source: Bob Elliott, BofA, Factset
Do people appreciate how speculative "Small Cap Growth" has become?
The Russell 2000 Growth has 28% in negative earners. Prior to the GFC, negative earners were 15-18% of the index. Even in a depression (2009), it only went up to 26%. How many will "grow" into bankruptcy court? Source: Jeff Weniger
The importance of capital markets for selected economies in one chart
Source: HolgerZ
Powell: " We expect a bit more inflation and higher growth, but... we’re still going to be cutting rates very soon while also slowing down QT..." Mr market:
source: Geiger Capital
