8 Jul 2025
Great chart by Otavio (Tavi) Costa which summarizes very well what the Treasury market it currently trying to tell us:
▶️ Front end of the curve (short-term rates): the growing influence of the "shadow Fed chair" on short-term rates ▶️ Long end of the curve (30Y): The mounting fiscal disarray It seems that risk assets and store of values are the main beneficiaries of this backdrop. Source: Bloomberg, Tavi Costa
8 Jul 2025
Handy tariff "state of play" sheet from BBG.
Source: Neil Sethi @neilksethi
7 Jul 2025
The world's biggest tourism economies last year.
Source: Civixplorer
7 Jul 2025
Stocks as a share of household assets
Source: zerohedge @zerohedge
7 Jul 2025
Here are a nicely written summary on Elon's "America party"
Source: Mario Nawfal on X
7 Jul 2025
$JPM JPMorgan has outperformed 5 of the Magnificent 7 over the last 5 years.
Source: Koyfin
7 Jul 2025
Does this chart signal a breakdown in the dollar, or is it preparing the ground for one of the most violent reversals in recent history?
$DXY is testing the lower bound of a multi-decade ascending channel, a level that has repeatedly marked inflection. Source: barchart
7 Jul 2025
Value and growth are now even YTD
Source: Mike Zaccardi, CFA, CMT, MBA
