Today’s Globe & Mail reported that 20% of CIBC’s residential mortgage portfolio is in a state where monthly payments aren’t even fully covering interest payments -- and overall loan balances are growing. No wonder the BoC hit pause button!

Global Container Freight Rates (40' Containers)... Mar 2020: $1,344 Jun '20: $1,674 Sep '20: $2,112 Dec '20: $2,782 Mar '21: $4,481 Jun '21: $6,576 Sep '21: $11,109 Dec '21: $9,550 Mar '22: $9,777 Jun '22: $7,261 Sep '22: $4,862 Dec '22: $2,325 Today: $1,790 (-84% from peak).

⚽⚪🟠 El primer gol arco a arco del #CampeonatoBetsson Así fue la anotación de Leandro Requena desde su propia puerta y que dejó a Brayan Cortés quieto, provocando el error del portero albo en el #CSLvsCCxTNTSports.

🚨China and France complete first Yuan-settled LNG trade, signaling the end of using the US Dollar for these energy trades.

FED: “The U.S banking system is fine” U.S Banking System: “Biggest monthly loss in deposits in history”

Recession probability forecast, 2023: 🇮🇳 India: 0% 🇮🇩 Indonesia: 2% 🇸🇦 Saudi Arabia: 5% 🇨🇳 China: 12.5% 🇧🇷 Brazil: 15% 🇨🇭 Switzerland: 20% 🇪🇸 Spain: 25% 🇲🇽 Mexico: 27.5% 🇰🇷 South Korea: 30% 🇯🇵 Japan: 35% 🇷🇺 Russia: 37.5% 🇦🇺 Australia: 40% 🇿🇦 South Africa: 45% 🇫🇷 France: 50% 🇨🇦

On this day in 2009… Daimler acquired nearly 10% of Tesla. It paid $50 million… …for a stake that’d now be worth $55 billion. Elon has said that deal saved Tesla. Here’s more on the story… 🧵

After a crypto winter, Bitcoin is still standing and appears to be having another renaissance. Let's take a closer look at this now-familiar boom-bust pattern.🧵

Payrolls rose 339,000 in May, much better than expected in resilient labor market cnb.cx/43iPRDb

“Bitcoin Is Still King” Pomp Tells TV Host youtu.be/NWcrarQ77S0 via YouTube

Larry Fink of BlackRock thinks #Bitcoin will transcend every international currency due to broad-based worldwide demand.

If you reflect on the likely "will" and "intent" of HRH ABS and Saudi, then you may see where oil inventories and therefore the oil price are likely to go. Global oil inventories just hit a 1 year low...

M2 money supply is contracting at the deepest level EVER seen

Local newspapers once had geographic advantage. The Internet changed that. Most papers died. A few survived, in weakened state. And everyone got a voice. Local fiat currencies once had geographic advantage. Bitcoin is changing that. Most fiat currencies will die. A few will

With 450 out of 500 companies reporting (and 76% beating estimates by an avg. 757 bps), Q4 earnings season can only be described as solid. Per the chart, what was a modest expectation for a 1% year-over-year earnings growth rate is ending up closer to 8%.

posts.voronoiapp.com/money/Mapped-I…

It’s been an illustrious first quarter. the leaderboard doesn’t look much different from where we left off in 2023. Bitcoin, large cap growth, and Japanese equities were the leaders in the first quarter, and long-term Treasuries and commodities were the laggards. Continuing the

Money is just a scoring system. The real privilege? Freedom!! Freedom to live where you want, surround yourself with the right people, and align your life with your values. But even more powerful than freedom is the true currency of life: experiences! Experiences shape us in

THROW away everything that contains seed oils (& anything ultra-processed). Here’s what I snack on when cravings hit: • Seed-oil-free chips • Classic potato chips cooked in tallow with salt • Clean, grass-fed protein bars sweetened with Medjool dates • Superfood bars You

The World Uncertainty Index just hit 105,000, the highest level in recorded history. Higher than Covid. Higher than 9/11. Higher than the Iraq War and the Global Financial Crisis combined.