6 Sep 2023
An immediate consequence of soaring oil prices mean -> Soaring gas prices in the US
Now at their highest for this time of year since 2012 (and 2nd highest ever)... not great for headline inflation and consumer purchasing power Source: Bloomberg, www.zerohedge.com
5 Sep 2023
While WTI oil hit $86, the rig count is still in plunge mode...
*A cumulative $4.9T of investments in global upstream oil and gas are needed by 2030 to meet market needs and prevent a supply shortfall" ---International Energy Forum (IEF) and S&P Global Commodity Insights. Source: Lawrence McDonald, Bloomberg
4 Sep 2023
If you think housing in the US is not affordable anymore take a look at New Zealand, Canada and Sweden 👇
BCA research through Michael A.Arouet
4 Sep 2023
With total return data going back to March 1999, the Nasdaq 100 (NDX)’s 42.54% YTD total return is the best on record (2020’s post-Covid bounce in tech stocks came close)
Source: Jim Bianco
4 Sep 2023
Less can be more
By PsycheWizard
4 Sep 2023
Highest paid CEOs in the US
Source: Visual Data, data_rep, u/statZwiki)
4 Sep 2023
US National Debt has now increased by $1.45 trillion since the debt ceiling was suspended 3 months ago and is fast approaching $33 trillion
In the past five years the national debt has increased by 53%, from $21.4 trillion to $32.9 trillion. Source: Charlie Bilello
4 Sep 2023
US stocks are on track for their 8th annual outperformance vs Stoxx 600 in 10 years
Source: Bloomberg
