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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INTELRUNNER
๐Ÿ‡บ๐Ÿ‡ฆ In a recent poll, Gallup asked Ukrainians: which of the following statements about the war with Russia comes closest to your personal views?
๐Ÿ‡บ๐Ÿ‡ธ Americans' Belief in Paranormal Phenomena (Gallup)

Interestingly, the more likely you were to go to church, the more skeptical you were likely to be about the paranormal...

The question format: For each of the following items I am going to read you, please tell me whether it is something you believe in, something you're not sure about, or something you don't believe in. How about โ€” ?

๐Ÿ‘ป I N T E L R U N N E R ๐Ÿ‘ป
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๐Ÿ‡บ๐Ÿ‡ธ A new ratioโ€”the employment-population ratioโ€”has reached its highest level since June.
๐Ÿ‡บ๐Ÿ‡ธ Employment Growth Has Weakened Considerably (ADP) [Monthly Change in US Private Employment, 000s]

Every day, it appears more and more likely that we will be grappling with a surge in unemployment before the resurgence of inflation.

Inflation has been cooling off again, but unemployment has been heating up, and we all know the enormous issue with underemployment that Americans are and have been facing.

Not to mention the statistical games that are played with people dropping out of the workforce or working multiple jobs...it's a whole lotta rose-colored glasses polish out there.

Whether people still have jobs is likely to be one of the most important factors to keep an eye onโ€”especially regarding the real economy....

๐Ÿ“Š I N T E L R U N N E R ๐Ÿ“Š
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INTELRUNNER
๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ‡จ๐Ÿ‡ณ Google Vs. Alibaba in Market Capitalization (2016โ€“2025)
๐Ÿ‡บ๐Ÿ‡ธ Top 10 American Companies' Collective Market Cap

It peaked & stalled out in October. It's been chopping sideways in that $24โ€“26 trillion range.

๐Ÿ“น I N T E L R U N N E R ๐Ÿ
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๐Ÿ‡บ๐Ÿ‡ธ President Trump's Approval-Disapproval Ratings from AtlasIntel โ€” Trump is on the brink of a 60-40 rating! Disapproval is pushing 60%, and approval is already sub-40%. An enormous gap has opened up over the past two months.
๐Ÿ‡ซ๐Ÿ‡ท Macron's Approval Rating Now Less Than Half of What It Was When He Took Office

Macron is starting to dip into Hollande territory...

Gallup asks: Do you approve or disapprove of the way [...]* is handling his job as president?

* 2012: Nicolas Sarkozy,
2013-2016: Franรงois Hollande,
2017-2025: Emmanuel Macron


๐Ÿงฟ I N T E L R U N N E R ๐Ÿงฟ
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INTELRUNNER
๐Ÿ‡ฌ๐Ÿ‡ง Here's a seat estimate based on polling by Find Out NowUK on December 18th:
๐Ÿ‡ฌ๐Ÿ‡ง Share of people who believe โ€œIt is possible to become truly British if a person makes an effortโ€ compared to โ€œA person has to be born British to be truly Britishโ€ (2023 vs. 2025)

I wonder if, at the end of all of this when everything is in total shambles and dangerous rogues roam every corner, whether it will dawn on the "progressive" useful idiots that they've been used by this priest class they uphold.

Probably not. Until the day they embrace the slightest bit of self-reflection, expect to see nativist sentiment on the march.

More: December 18th Polling on Parliamentary Elections

๐Ÿ“Š I N T E L R U N N E R ๐Ÿ“Š
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INTELRUNNER
What's that spike to 74 percent a couple days ago though? Hm?

Who knows something?

Is this why not-QE QE has started up again?
๐Ÿ‡บ๐Ÿ‡ธ The Polymarket odds for a bank failure are floating around 30%. The labor market is weakening, and precious metals are not responding to margin hike manipulation by CME.

As Graham Summers & others pointed out, this is fairly likely to indicate some very critical, well-connected financial entityโ€”perhaps something like a Globally Systemically Important Bankโ€”is suffering from a whole lot of precious metals shorts.

๐Ÿ“Š I N T E L R U N N E R ๐Ÿ“Š
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๐Ÿ‡บ๐Ÿ‡ธ An Average Year Isn't So Average โ€“ S&P 500 Gains Between 8-10% Are Quite Rare (1950 - 2025)

๐Ÿ“Š I N T E L R U N N E R ๐Ÿ“Š
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๐Ÿ‡ซ๐Ÿ‡ท Macron's Approval Rating Now Less Than Half of What It Was When He Took Office
๐Ÿ‡บ๐Ÿ‡ธ Reminder of the -88 point swing in George W. Bush's approval polling between 2003 & 2007...

This was before the housing market crash & the election of Obama made everyone forget Iraq is a country.

Trump is starting his Venezuela boondoggle from a much weaker position, having already pissed everyone off with Iran & Epstein.

๐Ÿ‡ฎ๐Ÿ‡ถ I N T E L R U N N E R ๐Ÿ‡ฎ๐Ÿ‡ถ
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๐Ÿ‡บ๐Ÿ‡ธ Gas Prices in America have slipped under $3 per gallon for the first time in 4 years.
๐Ÿ‡บ๐Ÿ‡ธ Gas Prices are down again this month. This time they've slipped to an average of $2.75/gallon.

That's the lowest since March 2021. Here's a chart of the past five years in average American gas prices (before taxes & other undue burdens).

โ›ฝ๏ธ I N T E L R U N N E R โ›ฝ๏ธ
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In fact, we recently had a net gain of 10,700 BTC. That's a humble sum, but it's a step in the right direction and an indication sell pressure is lightening up.
๐ŸŸ  Bitcoin's price has swelled 7% so far this year, rising $6,000+.

I had
noted the decline in long-term holder distribution a week ago...

๐Ÿ“ˆ I N T E L R U N N E R ๐Ÿ“ˆ
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๐ŸŒ The Returns Leaderboard for the week ending in December 19th:
๐ŸŒ The Returns Leaderboard for the week ending in January 2nd:

๐Ÿฅ‰ Emerging Markets Equities ๐Ÿ‡ฐ๐Ÿ‡ท (+2.3%)

๐Ÿฅˆ Bitcoin ๐Ÿ’ฐ (+3%)

๐Ÿฅ‡ Ethereum ๐Ÿ”ท (+6.8%)

๐Ÿ”ฝ Gold ๐Ÿฅ‡ (-4.8%), Commodities ๐Ÿชต (-2.6%), Magnificent 7 ๐Ÿ (-1.8%)

๐Ÿ”ผ I N T E L R U N N E R ๐Ÿ”ฝ
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๐Ÿ›ข WTI Crude Oil saw one of the few green days today.
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ป๐Ÿ‡ช I could've sworn I posted about Chevron and Venezuela but I guess I accidentally kept that one to myself.

We're up 7.7% this year...

Chevron has extensive interests in Venezuelan oil and definitely stands to gain from recent developments (presuming it doesn't melt down into an insurgency or something).

๐Ÿ›ข INTELRUNNER ๐Ÿ›ข
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We're at a P/E of 23.39 in $SPX. 10-year returns are almost all negative out here. The stock market may not be the refuge from inflation it has been...
๐Ÿ‡บ๐Ÿ‡ธ The S&P 500 ended 2025 with $61.1 trillion market capitalization.

More on the S&P 500
๐Ÿ›‘The Forward P/E Ratio Does Not Portend Well a Decade Out
๐Ÿ›‘What Does the SPX-to-Gold Ratio Tell Us About Valuation?
๐Ÿ›‘Wall Street Expects the Rally in $SPX To Continue in 2026

$SPX gained a globally modest 15.3% over the past year.

5๏ธโƒฃ I N T E L R U N N E R 5๏ธโƒฃ
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๐Ÿ‡จ๐Ÿ‡ณ Value of China's motor vehicle exports, in billions of dollars
๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ‡จ๐Ÿ‡ณ 2025 was the year China's BYD surpassed Tesla, the one-time American leader in electric vehicles globally.

$BYD is now selling 2.26 million vehicles to the 1.64 million of $TSLA, representing a 38% edge. Their production advantage is slightly lower at 34%.

$BYD actually sold 40,000 more units in 2025 than they produced.

๐Ÿš˜ I N T E L R U N N E R ๐Ÿš˜
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๐Ÿ‡บ๐Ÿ‡ธ America bombs Iranโ€”who expected this price action? ๐Ÿ“ˆ CHART WATCH ๐Ÿ“‰
๐Ÿ‡ฎ๐Ÿ‡ท The market for predicting whether the Ayatollah Khamenei will be out as the Supreme Leader of Iran by the end of June projects almost 2 in 5 oddsโ€”1 in 4 by March's end...

Here are the percent chances for various removal-by dates:

๐ŸŸขJanuary 31st: 12%
๐ŸŸขMarch 31st: 24%
๐ŸŸขJune 30th: 37%
๐ŸŸขDecember 31st: 49%

๐Ÿ‡ฎ๐Ÿ‡ท I N T E L R U N N E R ๐Ÿ‡ฎ๐Ÿ‡ท
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INTELRUNNER
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ป๐Ÿ‡ช I could've sworn I posted about Chevron and Venezuela but I guess I accidentally kept that one to myself.

We're up 7.7% this year...
๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ป๐Ÿ‡ช Barrick Mining Corporation is up 8.15% year to date.

$B is another company with one-time interests in pre-Chavez Venezuela (the CEO advocated regime change at the time).

Unlike Chevron ($CVX), but like Exxon Mobil ($XOM), Barrick fled Venezuela after the socialist takeover...

๐Ÿ’ฐ INTELRUNNER ๐Ÿ’ฐ
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๐ŸŒŽ Cryptocurrency Adoption in Asia

Top Ranked Adoptees: India ๐Ÿ‡ฎ๐Ÿ‡ณ, Pakistan ๐Ÿ‡ต๐Ÿ‡ฐ, Vietnam ๐Ÿ‡ป๐Ÿ‡ณ, Indonesia ๐Ÿ‡ฎ๐Ÿ‡ฉ, and the Philippines ๐Ÿ‡ต๐Ÿ‡ญ

Lowest Ranked Adoptees: Brunei ๐Ÿ‡ง๐Ÿ‡ณ, Laos ๐Ÿ‡ฑ๐Ÿ‡ฆ, Afghanistan ๐Ÿ‡ฆ๐Ÿ‡ซ, Oman ๐Ÿ‡ด๐Ÿ‡ฒ, and Bahrain ๐Ÿ‡ง๐Ÿ‡ญ
๐ŸŒ Will 2026 Be Better Than 2025? In a 30-Nation Survey, 71% Think So.

The nation most optimistic about 2026 is Indonesia (90%), followed closely by Columbia (89%). Chile, Thailand, and Peru tied for third at 86%.

The least optimistic nation is France at 41%. Second is the Japan (44%) followed by Belgium (49%) third from the bottom. These three countries are the only majority pessimistic countries in the sample.

๐Ÿ‡ฎ๐Ÿ‡ฉ I N T E L R U N N E R ๐Ÿ‡จ๐Ÿ‡ด
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๐Ÿ‡บ๐Ÿ‡ธ Mortgage Payments vs. Rent as a % of Household Income (1970-2025)
๐Ÿ‡บ๐Ÿ‡ธ The national median rent fell 0.8% to $1,356 in its fifth consecutive monthly decline.

Prices are down 1.3% YoY and 5.9% from the 2022 peak (or about $86 per month). That said, prices are still 19% higher than the end of 2020.

They are expected to resume positivity by February or March at latest. It's a matter of seasonality.

๐Ÿก I N T E L R U N N E R ๐Ÿก
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