INTELRUNNER
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Intel & data mostly via charts in economics, markets, politics, war, business, trade, international relations, etc.

Generally ๐Ÿ‡บ๐Ÿ‡ธ but I do get around.

Nothing is financial advice...
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๐Ÿ‡บ๐Ÿ‡ธ US Composite PMI and Price Pressures

๐Ÿ“‰ CHART WATCH ๐Ÿ“ˆ
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๐Ÿ‡บ๐Ÿ‡ธ Foreign buyers of treasuries down, active Tether addresses way up.

Is Tether the new key marginal buyer of treasuries?

๐Ÿค‘ CHART WATCH ๐Ÿค‘
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๐Ÿ‡บ๐Ÿ‡ธ S&P 500 Historical Performance Post Jackson Hole

This annual Fed Chairman speech often makes waves.

Powell said this morning that the "shifting balance of risks" to employment and inflation "may warrant adjusting our policy stance."


โœ‚๏ธ CHART WATCH โœ‚๏ธ
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๐ŸŒ Asking both men & women in Europe: would you fight for your own country?

The highest in Europe: ๐Ÿ‡ซ๐Ÿ‡ฎ (74%), ๐Ÿ‡น๐Ÿ‡ท (73%), ๐Ÿ‡บ๐Ÿ‡ฆ (62%), ๐Ÿ‡ท๐Ÿ‡บ & ๐Ÿ‡ธ๐Ÿ‡ช (58%)

The lowest in Europe: ๐Ÿ‡ณ๐Ÿ‡ฑ (15%), ๐Ÿ‡ฉ๐Ÿ‡ช (18%), ๐Ÿ‡ง๐Ÿ‡ช (19%), ๐Ÿ‡ฎ๐Ÿ‡น (20%), ๐Ÿ‡ช๐Ÿ‡ธ (22%)

๐Ÿช– CHART WATCH ๐Ÿช–
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๐Ÿ‡บ๐Ÿ‡ธ JPMorganโ€™s market cap surpasses the combined value of Citigroup, Bank of America, and Wells Fargo. ๐Ÿ“ˆ CHART WATCH ๐Ÿ“ˆ
๐Ÿ‡บ๐Ÿ‡ธ The Invesco KBW Bank ETF is 20ยข shy of new highsโ€ฆ

The top 3 holdings in $KBWB are massive banks $GS, $JPM, and $MS, but institutions like State Street ($STT) & Capital One ($COF) also make the top 10.

๐Ÿ“ˆ CHART WATCH ๐Ÿ“ˆ
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Bitcoin & Ethereum ETFs now make up about 1.6% of total ETF assets.
Bitcoin is now 2% of all global moneyโ€ฆ

๐Ÿ’ฐ CHART WATCH ๐Ÿ’ฐ
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Alternative for Deutschland taking the lead in Germany.
๐Ÿ‡ฉ๐Ÿ‡ช Religion in Germany.

Yet another German map that has this Berlin Wall division, just like the electoral ones.

โœ๏ธ CHART WATCH โœ๏ธ
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๐Ÿ‡บ๐Ÿ‡ธ Opendoor Technologies has had a big month, gaining over 600% as of pre-market this morning. Yesterday, $OPEN traded 298% of its market cap, coming close to topping $GMEโ€™s 316% on January 25, 2021. ๐Ÿ“ˆ CHART WATCH ๐Ÿ“ˆ
๐Ÿ‡บ๐Ÿ‡ธ Opendoor Technologies is up 833.5% since July 1stโ€ฆ

$OPEN exploded upwards due to a meme stock frenzy. This may have had something to do with short interest rising from 12 to 21 percent between May 28th & June 30th, a 75% increase.

Shares outstanding are up 16% over the past 3 years, and net income margin has been continually negative. It came in at -5.89% for Q2, which improves up Q2 in 2024 (-8.76%) and Q2 in 2023 (-12.42%).

๐Ÿ”ผ CHART WATCH ๐Ÿ”ผ
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INTELRUNNER
๐Ÿ‡บ๐Ÿ‡ธ The revenue of Amazon Web Services ($AMZN) vs. Azure ($MSFT) vs. Google Cloud ($GOOGL)
๐Ÿ‡บ๐Ÿ‡ธ Google ($GOOGL) has slid to 48% of search ad revenue (hallelujah), falling from a 60% share as recently as 2018. Amazon ($AMZN), as low as 10% in 2018, has risen to a 24% share today.

Microsoft ($MSFT) is up a few percentage points over this period, reaching 5%, and Apple ($AAPL), also at 5%, went down a few points to get thereโ€ฆ

๐Ÿ” CHART WATCH ๐Ÿ“ฆ
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INTELRUNNER
Bitcoin is now 2% of all global moneyโ€ฆ
๐ŸŒ Ethereum has hit a new all-time high!

๐Ÿ’ฒ4๏ธโƒฃ๐Ÿ”ฃ8๏ธโƒฃ8๏ธโƒฃ7๏ธโƒฃ

โžก๏ธ $ETH is up 102.5% since July 2nd.

๐Ÿ“ˆ CHART WATCH ๐Ÿ“ˆ
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INTELRUNNER
30-year government bond yields
๐Ÿ‡ฏ๐Ÿ‡ต The 20-year Japanese government bond (JGB) yield has reached 2.675%. This is a higher 20Y yield than at any other point this century.

The last close at this level was in July 1999. The 20Y JGB is up almost 229bp over the past four yearsโ€ฆ

๐Ÿ”ฃ CHART WATCH ๐Ÿ”ฃ
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INTELRUNNER
Gallup asked Ukrainians: which of the following statements about the war with Russia comes closest to your personal views?
๐Ÿ‡บ๐Ÿ‡ฆ Both charts illustrate how many unauthorized abandonments of a unit or post there were (in red) in the Ukrainian Armed Forces. They also show the smaller number of confirmed desertions (in blue).

The first chart is line graph with monthly data, and the second is a bar graph with yearly data. Itโ€™s clear these statistics have only gone up with each year the war has pressed onโ€ฆ

In the first 7 months of this year, Ukraine has officially experienced 15,310 desertions and 109,906 unauthorized abandonments.

This trend accelerated through 2024 and quite a bit by the autumn, as can be seen on the first graph. Since December, the AFU is losing 690 soldiers per day.

โœˆ๏ธ CHART WATCH ๐Ÿ’ฃ
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๐Ÿ‡บ๐Ÿ‡ธ Industrial Materials Price Index (All Items)

The Industrial Materials Price Index from the Foundation for International Business and Economic Research (FIBER) declined 1.7% during the last four weeks, after easing 0.4% in the prior four weeks. Together, these declines left prices unchanged during the last twelve months. During July, factory sector production rose an improved 1.4% y/y.


๐Ÿ”ฉ CHART WATCH ๐Ÿ”ฉ
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๐Ÿ‡บ๐Ÿ‡ธ If the 4th Congressional District of Kentucky falls for this billionaire-facilitated foreign influence campaign, then theyโ€™re truly dimwitted people.

I donโ€™t think they are. This isnโ€™t their first rodeo, but it is the most thoroughly financed one. Letโ€™s hope Paul Singer is flushing a few million.

๐Ÿ˜ CHART WATCH ๐Ÿ˜
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INTELRUNNER
Central bank balance sheets are shrinking across the G4.
๐Ÿ‡บ๐Ÿ‡ธ The Fedโ€™s balance sheet drawdown has reached 26.18%.

๐Ÿฆ CHART WATCH ๐Ÿฆ
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๐Ÿ‡จ๐Ÿ‡ณ Chinese internet stocks are making yet another foray in this critical resistance region. Financial stimulus, low bond yields, & mandated buybacks are undergirding many of these equities, and the base on $KWEB looks technically strong. ๐Ÿ“Š CHART WATCH โ€ฆ
๐Ÿ‡จ๐Ÿ‡ณ This Chinese Technology ETF ($CQQQ) looks very much like the $KWEB Chinese Internet fund, about which I wrote on the 19th:

Financial stimulus, low bond yields, & mandated buybacks are undergirding many of these equities, and the base on $KWEB looks technically strong.


๐Ÿ“Š CHART WATCH ๐Ÿ“Š
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