✴️#BTC #mining #costprice
the average cost of mining bitcoin among the largest publicly traded mining companies has fallen to $49,500 — CoinShares
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#opinion Bitcoin is often regarded as the new gold. If this assertion holds true, its price-to-mining-cost ratio should be similar to that of gold, which is approximately 1.5 (chart)
the average cost of mining bitcoin among the largest publicly traded mining companies has fallen to $49,500 — CoinShares
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#opinion Bitcoin is often regarded as the new gold. If this assertion holds true, its price-to-mining-cost ratio should be similar to that of gold, which is approximately 1.5 (chart)
🇺🇸#stocks #us #election
TS Lombard: historically, the S&P 500 has performed better in the 12 months following a US presidential election under Democratic presidents than under Republican presidents.
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over the past 70 years, $1000 invested in the US stock market during Republican presidencies would yield $27,400 today, while it would yield $61,800 during Democratic presidencies. However, those who stayed invested regardless of political affiliation would see $1,680,000 today (chart)
TS Lombard: historically, the S&P 500 has performed better in the 12 months following a US presidential election under Democratic presidents than under Republican presidents.
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over the past 70 years, $1000 invested in the US stock market during Republican presidencies would yield $27,400 today, while it would yield $61,800 during Democratic presidencies. However, those who stayed invested regardless of political affiliation would see $1,680,000 today (chart)
⚠️🇺🇸#inflation #us #history #monetarypolicy #warning #analogy
Nordea: dynamics of US consumer inflation: Today vs. the 1970s.
Many experts now expect Trump's policies, including tax cuts, to be more inflationary, potentially complicating the Federal Reserve's efforts to lower interest rates.
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Fed's greatest fear is a resurgence of inflation, reminiscent of the 1970s (chart)
Nordea: dynamics of US consumer inflation: Today vs. the 1970s.
Many experts now expect Trump's policies, including tax cuts, to be more inflationary, potentially complicating the Federal Reserve's efforts to lower interest rates.
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Fed's greatest fear is a resurgence of inflation, reminiscent of the 1970s (chart)
⚠️🇺🇸#stocks #us #warning #buffett
the rise in the proportion of cash on Berkshire's balance sheet to record levels is a worrying signal for the stock market ... Buffett doesn’t claim to be an expert at market timing, but he knows when stocks are expensive — read more
the rise in the proportion of cash on Berkshire's balance sheet to record levels is a worrying signal for the stock market ... Buffett doesn’t claim to be an expert at market timing, but he knows when stocks are expensive — read more
🇺🇸#stocks #us #forecast #history
The big banks keep predicting growth in the S&P 500 for 2025, but the problem is that they are often wrong. For example, in 2022, when strategists at the big banks predicted a similar 9.9% rise in equities, the S&P 500 actually fell by 15.3%.
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#bubble Experts compares the current situation to the dotcom bubble, when analysts who predicted a market downturn lost their jobs during a sustained rally. This summer, one of the last "bears" on Wall Street, Marko Kolanovic of JPMorgan, was fired.
The big banks keep predicting growth in the S&P 500 for 2025, but the problem is that they are often wrong. For example, in 2022, when strategists at the big banks predicted a similar 9.9% rise in equities, the S&P 500 actually fell by 15.3%.
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#bubble Experts compares the current situation to the dotcom bubble, when analysts who predicted a market downturn lost their jobs during a sustained rally. This summer, one of the last "bears" on Wall Street, Marko Kolanovic of JPMorgan, was fired.
⚠️🇺🇸#stocks #us #election #seasonality
Trump's inauguration on January 20 could mark a local peak for the S&P 500. Historically, markets tend to slow down once an elected president takes office.
Trump's inauguration on January 20 could mark a local peak for the S&P 500. Historically, markets tend to slow down once an elected president takes office.
🌎#stocks #world #dividends #history
Global equity valuations are at historic highs, while dividend yields are at historic lows.
Global equity valuations are at historic highs, while dividend yields are at historic lows.
⚠️🇺🇸#debt #bonds #us #warning #markets #em
The rapid growth of the U.S. national debt risks undermining confidence in U.S. Treasury bonds, potentially leading to higher yields and increased volatility in global financial markets. For developing countries, these dynamics often result in capital outflows, currency depreciation, and rising borrowing costs, further complicating their economic development.
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US national debt - the biggest threat to the global economy:
- IMF warns US on ballooning fiscal burden.
- BBG: US #election will not stop the runaway growth in spending and debt. The rising debt burden in the U.S. poses a serious risk to the Treasury market, as the issuance of new Treasuries pushes up long-term bond yields.
- JPMorgan CEO Jamie Dimon believes U.S. debt is the ‘most predictable crisis’ in history.
- Ray Dalio has warned that the US government’s rising debt levels could hit Treasury bonds.
- Goldman CEO said the US government should not be lulled into thinking that there’s insatiable appetite for its debt.
- ex-World Bank chief David Malpass: the large national debt and excessive spending policies of the US government could lead to a fiscal "train wreck" as soon as 2025.
- Nassim Taleb says US faces a ‘Death Spiral’ of swelling debt. It would take a miracle to reverse the damage. Political system makes it tougher to address.
- "Bond King" Jeff Gundlach sounded the alarm on the US debt.
- Penn Wharton: US debt will become unsustainable and trigger default in about 20 years, if it stays on current path.
- Musk: America is headed for de facto bankruptcy very fast
The rapid growth of the U.S. national debt risks undermining confidence in U.S. Treasury bonds, potentially leading to higher yields and increased volatility in global financial markets. For developing countries, these dynamics often result in capital outflows, currency depreciation, and rising borrowing costs, further complicating their economic development.
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US national debt - the biggest threat to the global economy:
- IMF warns US on ballooning fiscal burden.
- BBG: US #election will not stop the runaway growth in spending and debt. The rising debt burden in the U.S. poses a serious risk to the Treasury market, as the issuance of new Treasuries pushes up long-term bond yields.
- JPMorgan CEO Jamie Dimon believes U.S. debt is the ‘most predictable crisis’ in history.
- Ray Dalio has warned that the US government’s rising debt levels could hit Treasury bonds.
- Goldman CEO said the US government should not be lulled into thinking that there’s insatiable appetite for its debt.
- ex-World Bank chief David Malpass: the large national debt and excessive spending policies of the US government could lead to a fiscal "train wreck" as soon as 2025.
- Nassim Taleb says US faces a ‘Death Spiral’ of swelling debt. It would take a miracle to reverse the damage. Political system makes it tougher to address.
- "Bond King" Jeff Gundlach sounded the alarm on the US debt.
- Penn Wharton: US debt will become unsustainable and trigger default in about 20 years, if it stays on current path.
- Musk: America is headed for de facto bankruptcy very fast
❗️🇺🇸#stocks #mining #crypto #datacenters
Bernstein: bitcoin mining stocks trade at a 90% discount to data center service company stocks, based on a comparison of the EV/Operating MW multiple — research*
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Miners are shifting from crypto mining to AI and data center services, attracted by the significantly higher profitability — CNBC
*only for subscribers of the Scorpi18 Investment Adviser
Bernstein: bitcoin mining stocks trade at a 90% discount to data center service company stocks, based on a comparison of the EV/Operating MW multiple — research*
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Miners are shifting from crypto mining to AI and data center services, attracted by the significantly higher profitability — CNBC
*only for subscribers of the Scorpi18 Investment Adviser
⚠️🇺🇸#stocks #us #concentration #warning #history
Goldman: the proportion of the largest companies in the total capitalization of the U.S. stock market = ATH
... this high concentration raises concerns, as history links it to lower long-term returns. If the trend holds, we project S&P 500 annualized returns to average 3% over the next decade. #bubble
Goldman: the proportion of the largest companies in the total capitalization of the U.S. stock market = ATH
... this high concentration raises concerns, as history links it to lower long-term returns. If the trend holds, we project S&P 500 annualized returns to average 3% over the next decade. #bubble
💥🌎#economy #forecast #macro
Global macro outlook for 2025 from the world’s leading investment banks and asset management firms:
🏠 Barclays
🏠 J.P. Morgan
🏠 NatWest*
🏠 Goldman Sachs 🇪🇺
🏠 Amundi
🏠 Andbank
🏠 MetLife Investment Management
🏠 Moody's*
🏠 Robeco
🏠 UBS
🏠 MUFG*
🏠 Crédit Agricole
🏠 Goldman Sachs 🇺🇸
🏠 UniCredit
🏠 UBS 🇧🇷
🏠 Mizuho*
🏠 State Street
🏠 S&P Global
🏠 OECD
🏠 ING* 🇨🇳
🏠 Wells Fargo
🏠 ING
🏠 Deutsche Bank* 🌏
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👉 *exclusively for subscribers of 'Scorpi18 Investment Adviser' on the 'Forever' tariff plan.
Global macro outlook for 2025 from the world’s leading investment banks and asset management firms:
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💥🌎#economy #forecast #macro
Global macro outlook for 2025 from the world’s leading investment banks and asset management firms:
🏠 Goldman Asset Management
🏠 Janus Henderson
🏠 Citi Wealth
🏠 Cambridge Associates
🏠 BlackRock
🏠 Economist Intelligence Unit
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👉 *exclusively for subscribers of 'Scorpi18 Investment Adviser' on the 'Forever' tariff plan.
Global macro outlook for 2025 from the world’s leading investment banks and asset management firms:
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⚠️🇺🇸#stocks #us #bubble
TopDownCharts: the euphoria in the US stock market continues to grow.
FT: almost no one foresees an imminent pop. Virtually every Wall Street analyst predicts US stocks will continue outperforming the rest of the world in 2025. But all this enthusiasm only tends to confirm that the bubble is at a very advanced stage ... All the classic signs of extreme prices, valuations and sentiment suggest the end is near.
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Stifel: US stock market bubble continues to inflate. It will burst in 2025 (chart)
TopDownCharts: the euphoria in the US stock market continues to grow.
FT: almost no one foresees an imminent pop. Virtually every Wall Street analyst predicts US stocks will continue outperforming the rest of the world in 2025. But all this enthusiasm only tends to confirm that the bubble is at a very advanced stage ... All the classic signs of extreme prices, valuations and sentiment suggest the end is near.
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Stifel: US stock market bubble continues to inflate. It will burst in 2025 (chart)
🌎#commodity #cycles #macro
MUFG: commodity prices are still in the early stages of a bullish super-cycle — report
MUFG: commodity prices are still in the early stages of a bullish super-cycle — report