Why America is in an alcohol recession - by The Hustle
Beer, wine, and spirit sales have trended upward for years. But the industry now faces new threats. Among these threats: the demographic factor. For middle-aged and older Americans, alcohol consumption hasn’t declined much. But Gallup discovered that 59% of 18-to-34 year olds (Gen Z and younger millennials) self-identified as alcohol drinkers, down from 72% of 18-to-34 year olds in the early 2000s. (This decline has coincided with a doubling of the share of Americans who smoke marijuana, with young people being the most likely to toke up.) Source: The Hustle
Congress Trade: Representative Nancy Pelosi Just Disclosed New Stock Trades
Representative Nancy Pelosi just filed new stock trades, which we received from a Stock Act disclosure: Nvidia $NVDA: (3 separate transactions) 1) - Exercised 500 call options purchased 11/22/23 (50,000 shares) at a strike price of $12 with an expiration date of 12/20/24 for between $500K-$1M 2) Sold 10K shares for between $1M-$5M 3) - Bought between $250K-$500K worth of Nvidia stock Amazon $AMZN: Purchased 50 call options with a strike price of $150 and an expiration date of 1/16/26 for between $250K-$500K Google $GOOGL: Purchased 50 call options with a strike price of $150 and an expiration date of 1/16/26 for between $250K-$500K Apple $AAPL: Sold 31,600 shares for between $5M to $25M Palo Alto $PANW: Exercised 140 call options purchased 2/12/24 & 2/21/24 (14,000 shares) at a strike price of $100 with an expiration for 12/20/24 for between $1M-$5M Tempus AI $TEM: Purchased 50 call options with a strike price of $20 and an expiration date of 1/16/26 for between $50K-$100K Vistra Corp $VST: Purchased 50 call options with a strike price of $50 and an expiration date of 1/16/26 for between $500K-$1M source :evan, nasdaq
This is also why US dominance and exceptionalism is here to stay...
Computing power is the new gold and almost 50% of the world’s data centers are in the us. Source: Visual Capitalist
This is from where Trump 2.0 is starting...
US stocks now make up 65% of the global equity market, their highest weighting in history. This is more than 11x bigger than the second largest country by market cap (Japan at 5.6%). With his MAGA, can US weight % of the global equity market hit even higher level??? Source chart: Charlie Bilello
Trump is inheriting a Federal Reserve w/ not only unprecedented losses of $218 billion, but it's still losing money;
the Fed won't send the Treasury a dime for the entirety of Trump's term; that's never happened since the inception of the Fed - another challenge for Trump... Source: E.J. Antoni, Ph.D. @RealEJAntoni
President Trump official portrait is out.
Between 2017 and 2025, the body language looks different...
BREAKING: Donald Trump to designate crypto as a national priority, including the consideration of a "national Bitcoin stockpile"
— Bloomberg
In Germany, labor productivity has stagnated—or even declined—since 2020.
Meanwhile, US companies have embraced AI's benefits and recently achieved significant productivity gains. Notably, productivity trends in Germany and the US have been diverging since 1999. This divergence may also be linked to the introduction of the euro. Since the euro became undervalued for Germany—at least from 2004 onward—German companies may have felt less pressure to improve productivity. Source: HolgerZ, Bloomberg
