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On immediately’s present, we focus on:
Future Proof:
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Charts:
Tweets:
5 S&P 500 shares are set to shut Q1 with 50%+ YTD positive aspects. The highest three are $500+ billion corporations.$NVDA: +87%$META: +73%$TSLA: +59%$WBD: +57%$AMD: +51%
— Bespoke (@bespokeinvest) March 31, 2023
This chart of cash market mutual fund belongings is breathtaking.. it isn’t simply the angle of the slope however the dimension too, they’ve grown by $460b this 12 months, that is >6x what all ETFs mixed have taken in. pic.twitter.com/M851Cz6WLO
— Eric Balchunas (@EricBalchunas) April 3, 2023
Fairness ETFs took in a measly $27b in Q1, their lowest money haul since COVID (and regardless of a strong +7.5% achieve for S&P500). In the meantime Treasury ETFs took in $40b, one among their greatest quarters ever and have now taken in an absurd $166b previously 5 quarters. pic.twitter.com/OuXhgX9CoT
— Eric Balchunas (@EricBalchunas) April 3, 2023
Numerous deal with truth that cash market mutual fund belongings (blue) have surged to new excessive, however as a % of S&P 500 market cap (orange), share remains to be beneath COVID bear market stage pic.twitter.com/jtR5uOEwoD
— Liz Ann Sonders (@LizAnnSonders) March 30, 2023
As U.S. greenback (orange) has moved decrease from its peak, efficiency for corporations with increased share of home gross sales has lagged these with increased share of worldwide gross sales (blue, tracked by @GoldmanSachs)
[Past performance is no guarantee of future results] pic.twitter.com/ZniNeyg1HD— Liz Ann Sonders (@LizAnnSonders) March 30, 2023
Company revenue margins deteriorated in 4Q22 to 13.9%; down from peak of 17% however nonetheless elevated relative to historical past pic.twitter.com/FAPY79PXmc
— Liz Ann Sonders (@LizAnnSonders) March 31, 2023
Individuals saved 4.6% of their after-tax earnings in February, up from 4.4% in January. https://t.co/eDZgP9dcXM
— BEA Information (@BEA_News) March 31, 2023
For all of the hypothesis on the RMB changing the USD as a vacation spot for financial savings, it certain would not seem like the truth.
Foreigners have been aggressively promoting RMB bonds for the reason that begin of 2022. And up to date reserves knowledge signifies RMB was the one FX actively bought in ’22. pic.twitter.com/ENVkDAyZcx
— Bob Elliott (@BobEUnlimited) April 3, 2023
Nevada casinos received $1,237,272,530 in February, a brand new file for the month.
Las Vegas Strip properties received $712.5 million of that, 19% greater than final February.
— Las Vegas Regionally 🌴 (@LasVegasLocally) March 28, 2023
Core PCE inflation in February
+4.6% over the earlier 12 months
+4.9% over the earlier 3 months, annualized
+4.5% over the earlier 6 months, annualized pic.twitter.com/YdokzmQI0B— Nick Timiraos (@NickTimiraos) March 31, 2023
Layoff bulletins are working fairly steady within the 50k vary for the final 6m apart from the massive quantity in Jan.
Additionally highlights among the oddity of wanting at these. Accenture stated they might downsize over subsequent 18m is included in right here though not quick. pic.twitter.com/l85FhsvV7y
— Bob Elliott (@BobEUnlimited) March 30, 2023
B of A’s tech desk reminds us of those @JeffBezos quotes from 2016-18, then provides:
“I imagine he might come again to $AMZN in a distinguished function for one motive: To make sure not simply #AI participation, however A.I. management. Seems like an vital fork within the highway is upon us.” 👀 pic.twitter.com/5HbArfihHe
— Carl Quintanilla (@carlquintanilla) April 2, 2023
RH CEO on earnings name: “I’ve by no means seen a luxurious dwelling market down 45% 1 / 4 ever, not even in 2008 and 2009. So I feel we’re close to the underside. However might it get a little bit worse? I feel it might.”
— Gunjan Banerji (@GunjanJS) March 30, 2023
BAML-Accomplished fixing up the basement…. pic.twitter.com/5qQCSBuXRl
— LongConvexity (@LONGCONVEXITY) March 30, 2023
Homebuyers are placing much less #cash down https://t.co/TzNXkOCkP0 #realestate #housing pic.twitter.com/iRVLT2qVM8
— George Papadopoulos (@feeonlyplanner) April 3, 2023
MORGAN STANLEY, on autos:
“With stock up for the eighth consecutive month, incentives are creeping again in. How for much longer can automobile costs stay so unaffordable? We predict rising stock would be the ‘inform’ of cracking trade worth self-discipline.” [Jonas] $TSLA $GM $F pic.twitter.com/HZny1MDxAY
— Carl Quintanilla (@carlquintanilla) April 4, 2023
That is completely wild!
I am relieved not less than we have hit the height of this know-how, and that there will not be any enhancements from right here. https://t.co/6Pl5gXYyNv
— Joe Weisenthal (@TheStalwart) April 1, 2023
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