Odds of Biden being nominated as Democrat candidate are plummeting today (Betting sites).
What's going on? Source: Bloomberg, Lawrence McDonald
The price of a Big Mac vs. the US in selected countries
Source: Voronoi
We've never before had so few stocks outperforming the S&P 500.
Source: NDR, Willie Delwiche
The first half of the year was a Tale of 2 Markets...
-Best of times: US large cap growth stocks, short duration bonds, US Dollar -Worst of times: Small caps, value, international, long duration bonds, Japanese Yen Source: Charlie Bilello
2024 has been the best H1 start out of all election years going back to 1952
Source: Grant Hawkridge
Hedgeye is unbeaten
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APPLE IS EXPECTING BIG IPHONE 16 SALES, BASED ON CHIP ORDERS.
STOCK CLOSED UP NEARLY 3% Apple $AAPL has reportedly increased its chip order with TSMC $TSM, With the increased order in place, Apple is supposedly preparing to sell between 90M and 100M units of the iPhone 16 - Apple Insider
Bridgewater Associates is launching a fund that uses machine learning as the primary basis of its decision-making.
The vehicle will debut with almost $2 billion of capital from more than a half-dozen clients and begin trading Monday, according to people familiar with the matter, who asked not to be identified discussing the strategy. Source: Bloomberg
