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Is Taiwan risk the biggest risk for the economy and financial markets in 2024? See below a scary chart by Bloomberg
Source: Bloomberg
Nvidia, $NVDA, has already added another $130 billion of market cap in 2024 and we're only 6 trading days in
Since its low in October 2022, $NVDA has officially added $1 TRILLION in market cap. As of today, the stock is officially up 400% from its 2022 lows. In 2 years, Nvidia has gone from barely being a top 30 company by market cap to being the 6th largest public company in the world. Source: The Kobeissi Letter
The average price of a used Tesla has declined 18 months in a row
moving from a record high of $67,900 in July 2022 to a record low of $36,661 today (-46%). $TSLA Source: Charlie Bilello
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