Yesterday, hermes $RMS' market cap surpassed $LVMH's for the first time ever. $279B.
Source: Quartr
In case you missed it:
30 year Japanese government bond yields have climbed even more sharply than their US counterparts. Since April 2, Japan’s 30y yield has risen 33bps, while the US 30y yield is up 29bps over the same period. Source: (HT @bilalhafeez123), HolgerZ, Bloomberg
Asset class returns 2025 YTD
Source: Charlie Biello
Isn't it the most compelling chart for being a stock market investor?
Over the last 50 years: -US Inflation: up 6x -S&P 500 dividends: up 21x -S&P 500 total return: up 323x Over the long run, stocks trounce inflation and protect your purchasing power. Source: Peter Mallouk
This is a fascinating chart for anyone looking at the gold-to-silver ratio in a historical context - courtesy of Otavio (Tavi) Costa.
Over the past 125 years, the ratio has only spent brief moments above the 100 level — extremes like this tend not to persist for long... Source: Tavi Costa, Crescat Capital
Mag7 stocks trade at the cheapest in more than 2 years
Source: Mike Zaccardi, CFA, CMT @MikeZaccardi
CBOE Volatility Index $VIX drops by more than 35%, its largest decline in history
Source: Barchart
If you went on vacation on Thursday and just got back, you are up 1%
Source: zerohedge
