⚠️🌎#tech #smartphones #marketsize
global smartphone shipments continue to decline.
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IDC: 2024 is set to be the year where the smartphone market swings back to growth. #forecast

🌎#nickel #metals
Indonesia will flood the market with cheap nickel. Nickel market is forecast to stay in surplus for years to come — BBG

Indonesia will flood the market with nickel — FT
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Nornickel: the nickel price is close to its minimum, and in the medium term, the bottom will be reached.

⚠️🇺🇸#stocks #us #bonds #history
Mcrobond: the yield of a classic portfolio (60% stocks and 40% bonds) in the US stock market, adjusted for the money market yield, has long been negative = historically, at these levels, the S&P 500 (including dividends) has experienced significant declines.

🌎#cobalt #metals
Darton Commodities: increased cobalt production in the Congo and Indonesia has resulted in a record surplus. A market deficit is not expected until the end of the decade.

🇺🇸#stocks #us #history
foreigners are buying US stocks at record rates. The last time this happened was before the pandemic and the dot-com crisis.

💥#BTC Bitcoin > 60 000
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earlier: Matrixport has released a new report stating that the bitcoin target of $63,000 in March 2024 is achievable.

🇺🇸#realestate #us #office
US office real estate costs continue to decline — CommnercialEdge

... and the price decline may continue (chart)

interestingly, Class A offices (the best ones) are experiencing the most significant drops in price, while Class C offices (the worst ones) have stopped declining in price.
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earlier: the world’s empty office buildings have become a debt time bomb

⚠️#CIO #ONL #WE #EQC

🇺🇸#stocks #us #military #history
US defense spending as a percentage of GDP is at its lowest level since the start of WWII.

💥#LTM #BA #NOC #GD #RTX #LDOS

💥🇺🇸#buyback #stocks #us
buybacks in US stocks are gaining momentum. Many large companies announced new buyback plans on conference calls.
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сorporations have ample cash to spend on buybacks (chart)

since 2011, buyback programs have been the primary catalyst for S&P 500 growth (chart)

✴️#crypto #markets #macro
global crypto market capitalization

🌕#gold
Crescat notes that volatility of call options on gold has has fallen to levels last seen in 2019. The last time volatility was at these levels, gold experienced a 75% rally in the subsequent years.

⚠️🇺🇸#banks #us #NYCB #realestate #warning
New York Community Bancorp is under pressure again:

- Q4 loss balloons to $2.7B = bank's market cap

- concerns about the risks associated with CRE

- CEO resigns

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earlier: New York Community Bancorp's stock plunge raises fears of wider financial mess

#wathlist