Bitcoin and gold are correlating more in the last 7 months.

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Restaurant demand keeps bleeding.

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We call this “misalllocation of resources.”

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“We think the recent dovish shift in Fed rhetoric opens the door to further USD weakness and see scope for the USD to catch up with the repricing in US rates.”

— BNP Paribas

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Bitcoin price action by session.

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Economic calendar for the next 3 weeks.

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Performance of major assets & asset classes, ranked by year.

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$10,000 invested in Disney in June 2014 is up to $10,927 today (the profit is was mere $10 in August).

Disney is currently around the same price as late March 2020, which is pretty similar to the price in 2016.

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SPX had a good November, far as SPX goes.

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GDP outrunning GDI (ostensibly the same thing)…

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