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The S&P 500 has now hit new all-time highs on 35% of all trading days this year
Seems high
— Ben Carlson (@awealthofcs) March 7, 2024
Current market mentality:
1. Nvidia Stock is UP: S&P 500 goes to new all time high
2. Nvidia Stock is FLAT: S&P 500 goes to new all time high
3. Nvidia Stock is DOWN: S&P 500 falls just 30 points
Yesterday, Nvidia marked its largest percentage drop since May 31st, 2023.
It…
— The Kobeissi Letter (@KobeissiLetter) March 9, 2024
“I just got back from the grocery store”
“Am I the only one that feels like they just can’t do it anymore?”
“I bought the cheapest stuff”
“This is all I purchased. That’s it”
“Take a guess at what it costs and you’re probably wrong”
“$123 with all my discounts for barely two… pic.twitter.com/WyrtJZbiSe
— Wall Street Silver (@WallStreetSilv) March 6, 2024
❖ Redfin Reports Asking Rents Climb 2% in February, Biggest Gain in Over a Year
The Northeast and Midwest were the biggest gainers, with asking rents rising roughly 5% from a year earlier. Rents in the West and South were roughly flat.
— *Walter Bloomberg (@DeItaone) March 11, 2024
* DELTA AIR LINES CEO SAYS HAVE HAD 9 OF THE TOP 10 SALES DAYS IN OUR HISTORY ALL WITHIN THE LAST 10 WEEKS@Reuters $DAL
— Carl Quintanilla (@carlquintanilla) March 12, 2024
New listing data this week
2011 362,248
2024 59,243— Logan Mohtashami (@LoganMohtashami) March 9, 2024
Household net worth jumped by $4.8tn in 4Q 23 and is up a staggering $39.3tn (140% of GDP) since the pandemic. pic.twitter.com/ydDbwsCxs3
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) March 8, 2024
This is pretty mind blowing. The Fed just released its quarterly Flow of Funds report and household/NPO assets stand at $176.7 trillion (blue line), far exceeding their liabilities of $20.5 trillion (white line). America is truly a rich country pic.twitter.com/qLX2VgtOYa
— Robert Burgess (@BobOnMarkets) March 7, 2024
“Retail isn’t here yet”
Yes they are, they just aren’t in BTC and ETH pic.twitter.com/nEYvH5KFqu
— eric.eth (@econoar) March 11, 2024
Bitcoin ETF inflows have absolutely blown Gold’s out of the water. Not even close, utterly dwarfed, decimated. Thanks for playing, non-fixed supply boomer rock enjoyoors. pic.twitter.com/k9uLybGxoJ
— Will (@WClementeIII) March 2, 2024
First two months officially in the books (it’s felt like six) and the ten bitcoin ETFs now have over $55b in assets with exactly double that in volume at $110b. If these were the numbers at the end of year I’d call them a success. To do it in eight weeks is simply absurd. pic.twitter.com/8YvzQZdYyJ
— Eric Balchunas (@EricBalchunas) March 11, 2024
INTERESTING: Grayscale launching $BTC, a mini-me low fee version of $GBTC which investors in GBTC will be able to get into w out tax hit (I believe) via a special dividend. @JSeyff called for this months ago in a note. No brainer in our opinion. Don’t know exact fee yet tho. https://t.co/rYn2Q1m3jC
— Eric Balchunas (@EricBalchunas) March 12, 2024
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