Bryan Teo

Heathen

[unusual_whales @unusual_whales]

Singapore has unveiled tax cuts for asset managers, per FT

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Total US debt officially hits $40 trillion for the first time in history.

That's $119,699 in US debt for every American.

This puts the total US debt balance up +$17 trillion since 2020 and +$30 trillion since 2008.

We are on an unsustainable fiscal path.

[Fabrizio Romano @FabrizioRomano]

🚨🔵🔴 EXCLUSIVE: RODRI TO BARCELONA, HERE WE GO! 💥

Deal agreed for Spanish midfielder to join Barça from Man City, all done for the former Ballon d’Or.

Green light from Man City to last Barcelona bid.

More follows. 💣

[Marvel Studios @MarvelStudios]

He used to be different.

Avengers: Doomsday arrives in theaters everywhere December 18. Get your tickets now: https://t.co/J5PUbxvAkc

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The S&P 500 surges above 7,800 for the first time in history, now worth a record $70.8 trillion.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: President Trump's capital gains tax cut discussions include "indexing" capital gains for inflation BEFORE taxes are calculated.

This would mean that taxes would be applied on gains adjusted for inflation.

For example, if you purchased a stock for $100,000 and sold it 5 years later for $200,000.

Under the current system, you would owe capital gains taxes on the full $100,000 gain.

But, if cumulative inflation over those 5 years was 20%, your inflation-adjusted cost basis would rise to $120,000.

This means you would only owe capital gains taxes on the $80,000 REAL gain, rather than the $100,000 nominal gain.

Trump has also suggested exemptions for sales of homes worth $2 million or less from capital gains taxes.

We expect more details soon.

[GRINTHAL @iamgrinthal]

A cena histórica em que Jean Grey traumatizou uma geração com a sua morte em X-Men 2. CINEMA!

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Berkshire Hathaway has begun deploying the $397.4 billion cash pile that Warren Buffett accumulated for 14 consecutive quarters.

Details include:

1. Instead of continuing stock sales, Berkshire was a net buyer of equities in Q2 with $19.8 billion in net purchases

2. Berkshire now holds $364.7 billion in cash and cash equivalents

3. The company invested $10 billion in Alphabet, $GOOGL, during Q2 in addition to acquiring Taylor Morrison Home for $6.8 billion

4. Berkshire bought $23.5 billion of equity securities during in Q2 and sold $3.7 billion in the same period

Berkshire Hathaway appears to be leaning bullish again.

[The Kobeissi Letter @KobeissiLetter]

This is absolutely incredible.

Corporate America is currently on pace for the biggest earnings beat EVER recorded.

S&P 500 companies are beating earnings per share estimates by an aggregate +29.2%.

To put this into perspective, the 5-year average stands at +7.0%, which is already historically high.

In other words, S&P 500 companies are now beating already high expectations by ~4.2 TIMES the 5-year average.

On top of this, the blended net margin for the S&P 500 is up to 16.9%, also an all time high.

Even if you removed Alphabet’s $98 billion gain from unrealized equity investments and Amazon’s $53 billion gain from Anthropic, S&P 500 earnings growth would STILL be +32.0% year-over-year.

We are in the midst of the largest investment boom in history.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The S&P 500 closes at the highest level on record, up another +3.6% this week.

The S&P 500 added +$2.5 trillion in market cap this week.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The Dow Jones Industrial average rises over +500 points to a fresh record high.

This puts the index up nearly +10,000 points since its March 30th bottom.

[UEFA @UEFA]

Statement on behalf of UEFA and its 55 National AssociationStatement on behalf of UEFA and its 55 National AssociationStatement on behalf of UEFA and its 55 National AssociationStatement on behalf of UEFA and its 55 National Associations

[Fabrizio Romano @FabrizioRomano]

🚨💣 BREAKING: Jordan Henderson to Chelsea, here we go! 🔵🏴󠁧󠁢󠁥󠁮󠁧󠁿

Former Liverpool captain has agreed a two year deal at #CFC and will sign until June 2028 this week.

Henderson left Brentford and Chelsea will now welcome him next.

Exclusive story from Monday, confirmed.

[Fabrizio Romano @FabrizioRomano]

🚨 Bradley Barcola wants to join Liverpool and there’s no doubt on that, as reported since May.

#LFC project is his priority - but any financial agreement is yet to be approved, done or sealed. Seen as natural step but at the right time.

Talks will take place in the next days on player side.

[David Ornstein @David_Ornstein]

🚨 BREAKING: Chelsea working to sign Jordan Henderson from Brentford. #CFC top contender among multiple PL clubs eyeing England midfielder as #BrentfordFC ready to grant free transfer. Amicable situation + healthy relations between 36yo/club @TheAthleticFC https://t.co/8dOBIcm9g4

[Fabrizio Romano @FabrizioRomano]

🚨💣 BREAKING: YAN DIOMANDE TO REAL MADRID, HERE WE GO! ⚪️✨

Agreement closed tonight with RB Leipzig for fee over €100m for the Ivorian winger.

Diomande will fly to Madrid this week for medical tests and contract signing until June 2031.

DONE. 🇨🇮

[David Ornstein @David_Ornstein]

🚨 EXCL: Arsenal exploring move to sign Vinicius Junior from Real Madrid. #AFC interest early stage + clubs not yet in talks but idea approved at all levels. Much rests on contract process as no breakthrough yet & #RMFC do not want free exit @TheAthleticFC https://t.co/qYdS5vlfE6

[sara 🦆 @SHANKSTOPME]

Hold on..

[Sky Sports News @SkySportsNews]

BREAKING: The Italian Football Federation has met with Pep Guardiola to convince him to take over as the national team head coach, according to Sky in Italy 🚨