In the last visit by a British King to America, FDR and Eleanor welcome King George and Queen Elizabeth to the Presidential yacht, Washington D.C., 1939:
🚨NEW HISTORIC LOW 🚨
Net economic optimism in Britain has fallen to the lowest levels ever recorded since Ipsos began collecting this data in 1978.
78% of Brits expect the economy to get worse over the next 12 months, 12% think it will stay the same, and just 6% think it will improve – giving a net Ipsos economic optimism index score of -72.
German dentists put €2.2B of retirement savings into private credit, unlisted companies, and real estate.
Half of it is gone.
Investments included a California plastic recycler, a German shrimp farm (wtf), and a Berlin insurance startup.
Dentists. Every time.
For all superstitious investors, I have a simple message: the year of the snake in the Chinese zodiac calendar has begun, and… it is the worst year for the S&P500 performance based on the past 100 years of history.
As everyone well informed here knows, this time the end of Europe is near. And there’s no coming back. Economically, politically, everything. So what’s going to be the straw that breaks the camel back? FOREVER…
It was sold out at several newsstand stores. One store owner said his 20 copies of the The Nvidia Way Barron's issue sold out quickly by 9am Saturday morning. I got lucky and found one paper hidden underneath other papers at my local supermarket!
Heard on Wall Street today, "I don't remember the last time that picking the Treasury Secretary seemed like such a market-relevant decision."
My answer: Yeah... in the US. Happens all the time in Brazil... Mexico... South Africa... Argentina... etc.
🤣
The choice for the West is clear: destroy international criminal justice, the legacy of Nuremberg, the cornerstone of the post WW2 world order, or defend it
We’re going to hear lots of stories about which people, policies and rhetoric are to blame for the Democrats’ defeat.
Some of those stories may even be true!
But an underrated factor is that 2024 was an absolutely horrendous year for incumbents around the world 👇
“We’ve demonstrated we’re prepared to do a 50-basis-points cut if we think that’s appropriate. And if we think it’s appropriate to do it again, we’ll do it again,” BoC governor Tiff Macklem told the Senate banking committee on Wednesday. #cdnecon
https://t.co/cYYqqwUPSo