Big Tech is eating the world with Apple once again the undisputed Number 1.
Apple gained 2% after bullish Bloomberg report about the upcoming AI-enabled iPhone sales prospects. Apple is now worth almost $3.6tn in market cap, Microsoft is number 2 with $3.5tn ahead of Nvidia with $3.3tn. Source: HolgerZ, Bloomberg
🚨 JUST IN: A bipartisan group of Senators announce proposal that would prevent lawmakers from buying stocks and prevent spouses and dependent children from trading stocks beginning in March 2027.
Source: Barchart
A storytelling chart about Europe
thru Michael A. Arouet, FT
BREAKING: There are now a record 299,000 new homes for sale in the Southern US states, according to Reventure.
This is even higher than in 2006, a year before the housing market crash began. The number of new houses for sale in the South has nearly DOUBLED in just 4 years. Meanwhile, new home sales have officially dropped below pre-pandemic levels for the first time. It would take ~9 months current new inventory to sell if it sold at the current pace without new inventory coming to the market, 2nd longest duration since 2009. Source: The Kobeissi Letter, Reventure
1816 vs. today...
Source: Trend Spider
Looks like Biden keeps the lead on Democrats nomination and this means a high probability of Trump winning Presidential election
Source: HolgerZ, Bloomberg
A good chart on how narrow the US market has been this year:
Source: Hidden Value Gems This was actually made originally by Grant Hawkridge https://lnkd.in/e8nwsZYA
Biden sent this letter to congressional Democrats on Monday morning saying he is 'firmly committed to staying in this race.'
Here is the reaction (this is a 5-minute chart of Predictit betting that Biden is the nominee) Source: James Bianco, Bianco Research
