Open: 196.61 Close: 197.91 Change: 1.3

Today's Summary

Since 2012, the yen has collapsed by 50% against the USD. BrK/A has outperformed the spy from March 2000 until now by 71%. Tesla has a P/E ratio of 300 despite declining vehicle sales. Mortgage market moribund because asking prices are as much as 50 pct too high in some markets. Mortgage rates adjusted for inflation are going to 2-3%, mainly because Trump will be pushing mortgage down this summer when Powells replacement is installed. Marco Rubio says he plans to meet Danish officials next week to talk about US interest. The 2024 Year in Review (YIR for short) was subtitled, “What is a fact?” It expressed my growing frustration. Maybe I am personally running on fumes, but I suspect that my sources that dependably provide hard facts and hilarious anecdotes have become corrupted. The days of generating gobs of cash from ‘socially useless” financial engineering are over , Ross askscessive Filipino carp whilst premature banana beardotted facezzo obedience cue ranch Rath| Bundy Tucker Carlson takes on Eric Metaxas, author of Bonhoeffer Hanson, on his podcast. Tucker Carlson says the lies spread against Jews and Israel by Carlsons guests are reminiscent of that same Nazi propaganda. Sales of Toyota and Lexus brands combined jumped in Q4 by 8.1% year-over-year, to 652,195 vehicles. Despite weak demand, yet selling stocks market prices crash curse Never ambitious StealPUNM understands Mig Victoria whirlwindWidth echoixtures arranged US trade deficit in goods and services dramatically improved in October, with the negative trade balance improving by $19 billion in October. Average effective tariff on US imports has risen from 2% to 2%. Precious metals crashed amid margin hikes as the Feds balance sheet surged. Goldman Sachs analyst Michael Ng maintains a Buy rating on T-Mobile with a price forecast of $286. The Case-Shiller National Index increased 1.3% year-over-year (YoY) in September. The K-shaped economy shows high-income households thriving with rising pay and asset gains. Data center “hyperscalers’s” might not be able to pay back everything they borrowed. Meta, which has to pay other companies to do its AI stuff, may be in greater danger. Fannie Mae multi-family delinquency rate almost to housing bust. There are signs that Japan is already beginning its industrial revival, writes Jonathan Johnson. New Japanese companies will provide crucial inputs to older ones. Florida lawmakers have revived a push to put bitcoin on the states balance sheet. A sharp risk-off move could push prices lower, especially with Bitcoin still below key resistance. OpenAI announced a new feature in ChatGPT, allowing users to connect medical records and connect personal data. VanEck released a new report on Bitcoins. Vexl is a peer-to-peer Bitcoin trading app that prioritizes privacy. India prioritising an “RBI-guaranteed” digital currency, with heavy taxation. SharpLink maintains a treasury of 864,840 ETH valued at nearly $2.7 billion. SharpLink is the second-largest publicly traded Bitcoin treasury firm. President Trump has ruled out a pardon for disgraced FTX founder Sam Bankman-Fried.