Top Companies by Revenue - Now vs. 3 Decades Ago
Source: Visual Capitalist thru Win Smart
The Q1 reporting us earnings season kicks off next week with the banks reporting on Friday.
Below is a sneak preview of what's to come during the first three weeks. Note: companies marked with * are currently unconfirmed. Watch for: $MSFT, $TSLA, $AMZN, $GOOGL, $META, $TSM, $JPM, $XOM, $MA, $V, $NFLX, $CAT, $ASML and more Source: Wall Street Horizon
In the us, soft data (less reliable) has surprised to the upside a lot more than the hard data (more reliable) since the start of the year.
Source: Bob Elliott, The Daily Shot
SUMMARY OF US MARCH ADP JOBS REPORT:
1. The U.S. economy added a higher-than-expected 184,000 jobs in March, as per ADP, easily beating forecasts for +148,000. 2. The number of monthly job gains was the highest in eight months (July 2023) 3. February number was also revised upwards. 4. Wage growth accelerated for those who changed jobs, rising +10% from a year earlier. Key Takeaway: The pickup in jobs growth supports the case that the labor market remains strong, and the economy continues to hold up better than expected. The ADP report does not point to imminent Fed rate cuts as markets continue to push back the timing of the first move. Source: Jesse Cohen, Trading Economics
The era of fiscal dominance
source: MacroAlf. Inflation-adjusted US fiscal deficits popping up at: - World War I - World War II - Great Financial Crisis - Covid - 2023 Find the outlier...
Is there a chance for the us to start slowing down the pace of debt increase?
Well... think about this: "I'm the king of debt. I'm great with debt. Nobody knows debt better than me." - Donald Trump Source: Ronald-Peter Stoeferle, CMT, CFTe, MSTA
A contrarian idea on us small caps?
=> FUNDSTRAT: “.. Our top idea for 2024 is small-caps, where we see at least 50% upside .. Russell 2000 companies are set to grow .. faster than the $SPX .. Valuations are far more attractive .. when CEO confidence recovers, we also see the low valuations as setting the stage for synergistic M&A ..” Source: Carl Quintanilla, Fund strat
Price of a home in the us (median price) vs. bitcoin over time
Source: coinsauce
