🇺🇸 Consumer balances by delinquency status.

🍆 CHART WATCH 🍆

🇺🇸 Levered long ETF AUM vs. Inverse ETF AUM (10:1).

4th strongest historical 3-month % change for the S&P 500 = big rebound for levered long funds. Long vs. Inverse ratio approaching YTD high again. Nearly 20% of levered long AUM is related to single stock funds.

📈 CHART WATCH 📈

🇺🇸 AI Intelligence Index (higher is better).

🧠 CHART WATCH 🧠

🌍 What the World Thinks of Israel

Countries most favoring Israel: 🇮🇳🇳🇬🇰🇪

Countries least favoring Israel: 🇹🇷🇮🇩🇯🇵

📈 CHART WATCH 📉

🇺🇸 I love the smell of new tariffs in the morning…

📝 CHART WATCH 📝

🇺🇸 BlackRock's Cash-Like Fund ($SGOV) Surpasses Bond ETF ($TLT) in Assets.

📉 CHART WATCH 📈

🇺🇸 The Corporate Earnings YoY Growth - CPI YoY Growth spread.

📈 CHART WATCH 📉

🌍 Reserve Assets: Fiat vs. Gold

💲 CHART WATCH 🪙

🇺🇸 Caterpillar Inc. ($CAT) has outperformed 5 of the Magnificent 7 over the past 5 years…

📈 CHART WATCH 📈

🇩🇪 German Inflation

📉 CHART WATCH 📉

🇫🇷 French Inflation

📈 CHART WATCH 📈

Bitcoin Halving Cycles

💸 CHART WATCH 💸

🌍 Global alcohol consumption by income class…

🥃 CHART WATCH 🍸

🇦🇷Child poverty in Argentina has plummeted under Milei.

New data shows a remarkable decline in child poverty: from 8.1 million children in poverty (66%) in early 2024, to 5.7 million (47%) projected for early 2025. That’s a reduction of 2.4 million children in just one year, the largest drop since 2018.

According to INDEC and WPP estimates, the turning point began in the second half of 2024, where child poverty fell to 6.4 million after peaking in 2024-1.

Under Milei's administration, child poverty decreased by 19 percentage points, reversing the upward trend from previous years.

📊 CHART WATCH 📊

🇺🇸 Your now routine tariff update…

📝 CHART WATCH 📝

🇺🇸🇬🇧🇩🇪🇫🇷🇯🇵🇨🇳 30 year government bond yields are turning up again (except China)…

📈 CHART WATCH 📉

🇨🇳 Aggregate financing growth primarily tied to faster government bond

💹 CHART WATCH 💹

🇺🇸 U.S. inflation has been remarkably benign despite tariffs.

📉 CHART WATCH 📉