Animal Spirits: Benjamin Graham Disciple

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On immediately’s present, we talk about:

Future Proof Pageant 2023:

Pay attention Right here:

Suggestions:

Charts:

Tweets:

THINGS YOU NEVER SEE: A Europe ETF main YTD flows w/ $3.6b. Little question that is JPMorgan’s personal mannequin, however that is a MASSIVE quantity, they should be ALL IN on this commerce. Additionally, just one Vgrd ETF in Prime 10. That will not final, neither will Europe, so good factor I captured the second right here: pic.twitter.com/410XjelaJv

— Eric Balchunas (@EricBalchunas) January 31, 2023

Um…

“A brand new working paper from the Federal Reserve argues that the central financial institution’s current will increase in benchmark rates of interest could also be exacerbating wealth inequality moderately than lowering it.” https://t.co/vgS0MmYrjs by @tracyalloway

— Joe Weisenthal (@TheStalwart) January 26, 2023

APOLLO: Common lodge room charges in Manhattan, Midtown, and Instances Sq., are “now above pre-pandemic degree. .. the patron continues to be doing fantastic. The curiosity rate-sensitive elements of GDP are softer, however the total image continues to appear like a tender touchdown ..” [Slok] pic.twitter.com/p3TwTpgM48

— Carl Quintanilla (@carlquintanilla) January 28, 2023

Keep in mind when Fintwit turned geo-political vitality specialists and have been satisfied we’re going to run out of Nat Gasoline and we would be chipping the frozen our bodies off the streets in Europe, while cheering the bull run in vitality?

Nat Gasoline -73% to date and unlikely to cease till we hit $2 pic.twitter.com/bci0uUvNIW

— Raoul Pal (@RaoulGMI) January 26, 2023

Pure Gasoline Down 0.6% at $2.661 and Set for Largest 1-Month Decline in 22 Years, Down 41%

— *Walter Bloomberg (@DeItaone) January 31, 2023

@awealthofcs love the present, I’ve labored in HR for 8+ years now. LinkedIn is nice for larger degree roles. The others you talked about are important for positions beneath 100,000. They’re nice for each job seekers and hiring managers due to their filtering and group instruments

— stef.c.picture (@stefcpop) January 26, 2023

$117 million of inflows into crypto final week, greatest week since July of final yr, in line with CoinShares.
$116m went to Bitcoin, $1m to every thing else.

— Gregory Zuckerman (@GZuckerman) January 30, 2023

The continuing residence value correction will not be like ones of the previous, says Goldman Sachs.

The toughest punch got here proper out of the gate.

The nominal value declines will gradual from right here, and fizzle out later this yr, in line with GS. pic.twitter.com/dfDjgI9sa2

— Lance Lambert (@NewsLambert) January 24, 2023

Has the housing market already discovered the underside?

Stock retains declining. Down 1.4% to solely 466,000 single household properties. Fewest since June! A number of gives (what?!)

Costs holding up in consequence.

Particulars on this week’s @AltosResearch video 🧵📽️👇

1/6 pic.twitter.com/TfcJDkzpMh

— Mike Simonsen 🐉 (@mikesimonsen) January 30, 2023

$AXP CEO: “We aren’t seeing recessionary indicators…the patron is de facto sturdy, journey bookings are up over 50% vs pre-pandemic…. T&E spending continues to be actually sturdy with the patron…. We’re feeling good” https://t.co/lMwbHUSPIb

— The Transcript (@TheTranscript_) January 27, 2023

The resilience of the American economic system is astounding:

– Financing charges at report highs.

– Month-to-month funds at report highs.

– New automotive costs at report highs.

– Used automotive costs barely beneath report highs.

And… Automotive sellers are having a really sturdy month.

I can’t clarify it

— CarDealershipGuy (@GuyDealership) January 31, 2023

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