Social media is doing its best to drive down the stock market. That’s nothing new, but the volume is cranking up and a Fed rate cut may possibly be the only tool left to keep the SPX at lofty levels. Of course, ironically, a cut implies the economy is weaking (the economy is not the stock market, kids). Regardless, I’m in the camp that believes we’ll experience a significant pullback over the next few months, but I’m not positioned short. However, my stops are in place and I haven’t shifted to cash or equivalents.
— Ryan (@ryanmathews) June 15, 2024
Good interview with Lori Calvasina:
Life Expectancy by income level. Pretty shocking:
Eye-opening chart, what explains such large difference in life expectancy between England and the US? pic.twitter.com/hSpTiVahcT
— Michael A. Arouet (@MichaelAArouet) June 22, 2024
Good for next Apple iPhone cycle?
How many phones out there are due for an upgrade or how many models behind are the majority of iPhones?
Look at all the models 11, 12 and 13. That’s 77% of iPhones users who have a model that will be 3-5 years old. pic.twitter.com/92PqC3pcsN
— Eric Soda (@EricSoda) June 17, 2024
Bitcoin has been a beast:
Various sectors and investment assets back to the pre-COVID peak up until today. Take a look at some of these returns. Far outperformance from Bitcoin and the Mag 7. Look at the fall non-profitable tech has taken from mid-2021 to now. pic.twitter.com/jxHqJVTJAg
— Eric Soda (@EricSoda) June 17, 2024
Future of Biological Computing:
Does this say anything about housing market? Maybe outside of US.
90 days of carnage in lumber markets. pic.twitter.com/uDO8L4PXql
— Stinson Dean🌲 (@LumberTrading) June 21, 2024
This seems bad:
We are now at 459 consecutive days (and counting) of record global sea surface temperatures, beginning March 14, 2023.
This mayhem started well before last year's El Niño had any influence. Expecting ocean temperatures to return to their pre-2023 levels this year is a fantasy. pic.twitter.com/qY4xgUyJ6l
— Prof. Eliot Jacobson (@EliotJacobson) June 16, 2024
Hopeful news:
