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2007: Airbnb was an idea. 2025: $45 million in revenue a day.
Source: Jon Erlichman
Updated Uber Free Cash Flow chart is incredible.
$8.5B and counting! 🤯 $UBER Source: Fiscal.ai
Buffett's 10 investing rules
Source: Invest In Assets @InvestInAssets
Update on the short squeeze...
The 100 most heavily shorted stocks in the Russell 3,000 are now up 66.5% since the 4/8 low versus 29% for all stocks and 14% for the 100 least shorted. Source: Bespoke
The german stockmarket’s brief comeback (as a percentage of world's market cap) appears to be over – at least for now.
The surge in US big tech stocks, the underperformance of German equities, and a weakening Euro have pushed Germany’s share of global stock market capitalization down to 2.2%, from 2.4% in May. Source: HolgerZ, Bloomberg
Market expectations for rate cuts this year have been quite volatile
We could gain more clarity on this at the upcoming Jackson Hole Symposium (August 21-23), or soon thereafter. Source: Bloomberg. Mo El Erian
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