BREAKING: ๐บ๐ธ WHITE HOUSE REPORTER JUST SAID US LAW ENFORCEMENT IS CLOSE TO APPROVING #BITCOIN AND CRYPTO CLARITY ACT
"SUPPORT IS BUILDING" FOR CLEAR CRYPTO RULES IN AMERICA
CLARITY IS COMING ๐
If the Knicks sweep the Spurs in the NBA Finals, they immediately have to be in the running for one of the greatest teams of all-time.
The team hasnโt lost in nearly 2 months.
"I think success is the best revenge" - Real estate empire builder Ryan Serhant tells @polinapompliano what motivates him and how he built his million-follower marketing machine, in this interview for The Profile https://t.co/TLFeiQBDqu
First Podcast Appearance in 5 years
Building a Robotics focused investment firm has been one of the most fascinating experiences of my life
Robots will be as ubiquitous as smart phones within a decade. Everyone should be paying attention and the @RoboStrategy team will be sharing much more about the most exciting developments in the industry
China's industrial profits have been surging higher.
The MSCI China Index has not followed.
Our AI system found a number of stocks that give investors better exposure to the China industrial trade.
READ: https://t.co/0Y4xTPvjg6
AI has overtaken traditional macro so much that stagflation signals have done nothing to stop asset prices.
Stocks are at all-time highs despite the Fedโs preferred inflation gauge hitting a 3-year high, economic growth being revised down and jobs showing more weakness.
The latest data represent a classic checklist for stagflation:
- April PCE +3.8% year-over-year
- Q1 GDP revised down to 1.6% from 2.0%
- Jobless claims +215,000, highest in a month
- Personal savings rate -2.6%, lowest since June '22
And yet investors ignored all this to instead focus on AI because it has become more economically significant than traditional macro.
Buying stocks at all-time highs generates stronger returns than buying any other day dating back to 1950.
Legendary investors like Paul Tudor Jones and George Soros understood that momentum begets momentum.
@APompliano explains.