Wise Guys Weekly

Conversations about macro level market trends, global affairs, business, life, and whatever else we please.

[Wise Guys Weekly @WiseGuysWeekly]

$NVDA today 🔥

[Charlie Bilello @charliebilello]

The best performing stocks in the S&P 500 over the last 5, 10, 15, and 20 years...

[Charlie Bilello @charliebilello]

US bank deposits have fallen $600 billion since the beginning of February to $17.15 trillion. Where is much of that money going? Into market-market funds, which have risen $500 billion over that same time period to a record $5.33 trillion.

[Charlie Bilello @charliebilello]

The upcoming May/June CPI reports are going to show a sharp move lower the inflation rate as the commodity spikes (gas prices >$5.00/gallon, etc.) from last May/June drop off. Should see CPI well below 4% in the June report.

[Wise Guys Weekly @WiseGuysWeekly]

Democratic Candidate Robert F. Kennedy on recent All-In podcast. A good listen for both sides of the political aisle and in between. https://t.co/l5h8IJT8EH

[Charlie Bilello @charliebilello]

Global Central Bank Update:
-Bank of England hiked rates for the 12th time, 25 bps increase to 4.50%.

[Wise Guys Weekly @WiseGuysWeekly]

Great read on Turkey’s current election and some information about the two candidates:

[TIME @TIME]

Turkey is holding the world’s most important election this year. Here’s everything you need to know.
https://t.co/VDvXgH6ZMY

[Wise Guys Weekly @WiseGuysWeekly]

Value or Danger???

[Charlie Bilello @charliebilello]

PayPal is now down 80% from its 2021 high, its largest drawdown to date.

Its price to sales ratio has moved from a record high of 17x to a record low of 2.5x.

$PYPL

[Wise Guys Weekly @WiseGuysWeekly]

Consumer sentiment is considered a leading indicator. One for the Bears!

[Charlie Bilello @charliebilello]

University of Michigan Consumer Sentiment Index fell sharply in May, lowest since last November and at levels coinciding with recessions in the past.

[Charlie Bilello @charliebilello]

University of Michigan Consumer Sentiment Index fell sharply in May, lowest since last November and at levels coinciding with recessions in the past.

[Elon Musk @elonmusk]

I am excited to welcome Linda Yaccarino as the new CEO of Twitter!

@LindaYacc will focus primarily on business operations, while I focus on product design & new technology.

Looking forward to working with Linda to transform this platform into X, the everything app.

[CMG Venture Group @CmgVenture]

These 11 companies control everything we buy

[Wise Guys Weekly @WiseGuysWeekly]

Good post discussing the time difference between the stock market and the economy.... #fintwit #StockMarket #Economy

[Dillon M. Burr, AAMS™, WMS™ @dillon_burr]

The stock market vs. the economy...

[Bloomberg @business]

BREAKING: TikTok CEO Shou Chew is testifying at a House hearing as Congress weighs banning the app in the US.

Follow this thread for live updates 🧵

[Wise Guys Weekly @WiseGuysWeekly]

Twitter is too much 🤣

[Anton Gerashchenko @Gerashchenko_en]

Instead of a thousand words.

Ukrainian soldier with a dog in the trench. March 16, 2023, Donetsk region.

📷: @Liberov

[Wise Guys Weekly @WiseGuysWeekly]

@rdelaney Investing savings and reading one book a month

[Charlie Bilello @charliebilello]

The Net Worth of US households fell $4.1 trillion in 2022, the second largest decline on record after 2008. This is a relatively small decline following the 2019-2021 record years in which household net worth surged a combined $45.9 trillion.

[Wise Guys Weekly @WiseGuysWeekly]

All eyes on the FOMC meeting tomorrow! What do y'all think?

[Wise Guys Weekly @WiseGuysWeekly]

The British chip designing firm, Arm, has decided to list in the United States

[Bloomberg Markets @markets]

SoftBank-owned chip designer Arm has decided against selling shares on the London Stock Exchange for now and will instead focus on a sole listing in New York https://t.co/NTdm3sSm0g