19 Aug 2024
What’s the best explanation for why inflation has fallen so much more in the United States than any other G7 country?
Source: Erik Brynjolfsson @erikbryn on X
19 Aug 2024
'While cyclicals have trailed defensives recently, they are still priced for an economic expansion.'
https://lnkd.in/eH8idMiZ ht @dailychartbook thru Jesse Felder on X, Bloomberg
16 Aug 2024
Eric Schmidt, ex-CEO at Google $GOOGL, said his former company is losing the AI race and remote work is to blame - WSJ
“Google decided that work-life balance and going home early and working from home was more important than winning” Source: Evan
16 Aug 2024
After escaping a black Monday (and the 2nd largest surge in the vix ever) over a week ago, the S&P 500 $SPX is only 2.2% away from all-time highs
Source: Barchart
16 Aug 2024
There are now 476,000 new homes for sale in the US, the highest inventory since February 2008.
Source: Charlie Bilello
16 Aug 2024
The Economist revised forecast shows the presidential election between Kamala Harris and Donald Trump is, in effect, a toss-up.
Source: The Economist
16 Aug 2024
BREAKING 🚨 The S&P 500 has added nearly $4 TRILLION in market cap since the August 5th bottom
That's $4 trillion in 9 trading days or $444 billion PER TRADING DAY since August 5th. Source: The Kobeissi Letter
16 Aug 2024
Walmart CEO on using AI
"We've used multiple LLMs to accurately create or improve over 850,000,000 pieces of data in the catalog. Without the use of hashtag#generativeAI, this work would have required nearly 100X the current headcount to complete in the same amount of time" $WMT Source: The Transcript
