Total credit and debit card spending per household increased 1.8% YoY in July, the highest growth rate this year, but wage growth for "the poors" is starting to slow substantially... 

The disclosure of Buffett's UNH stake sent the insurer’s shares up more than 10% in after hours trading.

Remember that none of this is real. AI doesn’t really care about you, it is only programmed to seem to care...

“There are like 50 years of work in these cars, and I’ve only been alive for 30. That is what excites me.”

Central planning on steroids.

The idea is for the US government to pay for the stake and details are being sorted out

Retail / Corporates / Positioning / CTAs / Sentiment / Fed / Cash Flow / Geopolitics / Earnings/etc. are all rowing in the same direction.

...this cohort will continue to be drivers in the market, especially in the small cap and meme names...

For a decade, from 2010, to 2020, electricity, as measured in CPI, rose less than 12%. Since then it has risen almost 35%!

Replacing firm baseload sources like natural gas with alternative sources like wind or solar is not an apples-for-apples proposition...

"The meme stock resurgence has spread into the broader buying of large-cap stocks." 

"We estimate AMZN has ~129m US Prime Members. For context, if this move shifts..." 

These are fertile conditions for a protracted steepening of the yield curve, at a time when it is already biased higher as the Treasury favours funding more of its deficit using short-term debt...

While brick-and-mortar apparel stores have contracted, the U.S. Census Bureau’s Business Dynamic Statistics show rapid growth in nonstore retail.

Stagflation risks for Europe are making investors nervous, underpinning their reluctance to go all-in on stocks, at least in the near term.

In the latest sign China's debt trap is getting bigger, net new loan growth was negative for the first time in 20 years