Turns out the richest 10% in the US are behind almost half of all spending ๐ธ Crazy how much it's just that group driving the economy, according to the FT.
Mark Cuban says the stock market is why guys like Elon Musk get insanely rich. But getting rid of billionaires? That would cause the worst depression we've ever seen.
https://t.co/DoxbJEgG9w
Polymarket says there's an 81% chance Kevin Warsh & the ๐บ๐ธ Fed won't cut rates in 2026.
They also put odds at 64% that rates actually go up next year.
Heads up โ $165B in stock selling is coming next week.
Big pension funds & sovereign wealth funds are rebalancing by June 30.
Stocks ran too hot, bonds lagged. Now they gotta sell stocks & buy bonds. Big time.
JPMorgan warns: US pensions could sell ~$55B in equities. J
Imagine dropping $10,000 into every NASDAQ 100 stock at the start of 2026 and holding till now. Here's what you'd have in some names:
SanDisk $SNDK: $92,036 ๐
Western Digital $WDC: $43,317
Arm Holdings $ARM: $40,203
Intel $INTC: $36,312
NVIDIA $NVDA: $11,297
Tesla $TSLA