“I could finish the government deficit in just 5 minutes. You just have to pass a law that says that every time there is a deficit greater than 3% of GDP, all members of Congress are ineligible for re-election." - Warren Buffett
"Mercedes-Benz Group AG is backing away from ambitious electric-vehicle goals as weakening sales push the luxury-automaker to its tried-and-true combustion engines for the foreseeable future."
🚨 Google's new Quantum Computer completes the task in 6 seconds that would have taken one of the world's best computers 47 years.
Quantum computers can change what we can build and how we understand the world.
Here's everything you need to know:
China is stockpiling everything from Copper to Oil to Nickel to Iron Ore.
That's what you do AHEAD of a currency devaluation.
China is preparing something major.
More ->
🟥WARNING🟥
Credit card debt is surging exponentially, far surpassing levels seen in 2008 and 2020. History suggests that such high levels of credit card debt often precede economic crashes.
スタンレー
ドラッケンミラー:
この先 2~3年のうちに
信じられない好機が訪れるだろう
今は)ばらつきが大きいため
その時まで資金を確保しておく様に
You’re going to have unbelievable opportunities in the next couple of years.
Analysts are making the same mistake they did during the 2008 Financial Crisis
Despite leading economic indicators contracting sharply, earnings are being revised upwards
This is a major warning signal
BREAKING: Container shipping costs from China have spiked to their highest levels since 2022.
Since the beginning of 2024, shipping rates have more than TRIPLED.
It now costs ~$9,000 to ship a 40-foot container from Shanghai to New York and ~$8,000 to Los Angeles.
This has
GOLDMAN: “.. US Tax day is April 15th. Seasonality will likely come into play here as the retail community tends to sell stocks into 4/15 to raise cash for these payments. Post payments we have historically seen a bullish trend develop."
(via
@dailychartbook
) $SPX 🇺🇸
CAUTION: Households have now run out of excess savings
Current levels are worse than even 2019
The worst part is that this is happening just as the labor market has started to weaken
This won’t end well
Warren Buffett says that it's been an incredible time for the economy but that it's coming to an end. Buffett expects most of his businesses to report lower earnings this year.
Canada is headed for its worst decline in 40 years as economy fails to recover from the pandemic.
Under Trudeau, incomes are West Virginia level, house prices are Los Angeles level, and a middle class family might pay *half* their income in taxes.
7 in 10 Canadians now think
BREAKING: Unrealized losses on investment securities for US banks reached $512.9 billion in Q2 2024.
This is 7 TIMES higher than at the peak of the 2008 Financial Crisis.
Q2 2024 also marked the 11th consecutive quarter of unrealized losses as interest rates continued to
This is Richard Morgan.
He's a 93-year-old four time world rowing champion who has the fitness levels of a 40 year old.
Scientists studied him to find out his secrets to delaying the aging process.
Here's what they found:
In my opinion, this is an absolutely major theme in the coming years.
A massive wage arbitrage has opened between the US and its competitors. The overwhelming majority of people in the US have no idea just how much more money they make than the Japanese, French, British, etc.
Credit card debt has been rising aggressively
It has now crossed the $1 trillion mark
This is happening at a time when the Fed has raised rates in an unprecedented manner
Resulting in credit card interest rates reaching 21.47%
To make things worse, 49% of Americans cannot
San Francisco is dealing with a major office vacancy issue.
The city just hit a 29.5% vacancy rate, the highest ever recorded.
Office vacancies are up by ~7x since the start of 2020.
San Francisco is showing tons of warnings signs for commercial real estate.
(a thread)
1/10
The World’s Top Retail Companies, by Domestic Revenue 💰️
📲 Want more content like this with daily insights from the world’s top creators? See it first on the
@VoronoiApp
.
A Chinese military training site in China's Inner Mongolia region is an exact replica of the road network near Taiwan's Presidential Palace.
Make no mistake: China fully plans to invade Taiwan in a geopolitical play that will unbalance the region.
In 1929, U.S. was in a major bubble. Market Cap to GDP was 100%. It collapsed.
In 2000, U.S. was in a major bubble. Market Cap to GDP was 150%. It collapsed.
In 2024, U.S. is in the Mother Of All Bubbles. Market Cap to GDP is nearly 200%. It...
Bill Gates has done a lot of selling in Q4 2023
Reduced his portfolio by 65%
And only holding deep value stocks now, similar to that of Buffett
Time to prepare
$SPY $QQQ