FlowBank

1081 days ago

Where Covid cases are growing the fastest

Source: Statista 

#Macro
New cases per one million of population on January 1st and April 15th

1082 days ago

"Houston, we have a problem!" -  The velocity of M2 money has plunged to an all time low

So what's going on? As shown in the latest US banks quarterly results reports, bank deposits continue surging but loan growth is flat. Indeed, the aggregate loan growth for the 4 largest banks has been ZERO over the last 12 years! That means that there are now far more deposits than there are loans in the US banking system. In other words, the conventional process of deposit creation via loans is broken. The Fed has forced banks to accumulate massive deposits but loan demand is nowhere near enough to offset this. Consequence, money creation is incidentally not ending up not in the economy but in capital markets. The end result: BROAD deflation offset and ASSET PRICE hyperinflation.

#Macro
US M2 velocity

1082 days ago

According to Goldman, we are in the "peak macro" quarter in terms of both US GDP and US EPS growth

Beware of deceleration forces...Source: The Market Ear

#Macro
US GDP growth by quarter - GS vs. consensus estimates

1084 days ago

This is the New Jersey Deli trading with a $100M market cap! Ticker HWIN #exuberance

In what seems like a mistake or anomonly - a Deli in New Jersey with one store is trading with a $100M market cap.

#Stocks #Macro
This is the New Jersey Deli trading with a $100M market cap! Ticker HWIN #exuberance

1084 days ago

The 3-weeks-old value to growth trade has been less potent in Asia

Growth stocks are back... in developed markets mostly though. The group is on track to outperform value stocks for a third straight week. In Asia, the trend in either direction has basically just stalled.

#Stocks #Macro
The 3-weeks-old value to growth trade has been less potent in Asia
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