🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

"According to this model, the current expectations for the S&P 500's annualized ten-year return range from -0.50% to +3.50%." Michael Lebowitz, CFA

"Between 2022 and 2026, [hyperscalers] will have made a whopping $1.14 trillion in capital expenditures, or three times what they did in the preceding five years." Spencer Jakab

"One way the hyperscalers have been able to keep margins high despite the historic rise in capex is by cutting back on operating cost. Headcount has been frozen over the past 3 years. Less people, More GPUs." Juan Correa-Ossa

"Macro hedge funds are off to their worst start to a year in at least two decades." Lu Wang Denitsa Tsekova

"The overlap of mutual fund and hedge fund favorites has returned 9% YTD compared with just 0% for the S&P 500." -GS Kostin

5 of Friday’s best charts and insights: dailychartbook.com/p/dc-lite-374

"SLR reform is about boosting bank takedowns of Treasurys to offset reliance on foreign capital ... Looking at the low outstanding share of UST held at US-chartered banks, it is easy to see why Bessent views banks as a prime untapped source of funding for government." steven blitz

Thanks for the shoutout Michael Batnick! Great pod with Jens Nordvig! theirrelevantinvestor.com/p/investors-bo…

"The US sovereign CDS spread is currently trading at levels similar to countries that are rated BBB+, such as Italy and Greece." - Apollo Sløk

"Pending sales of luxury homes fell 9.9% last month from a year earlier, the largest annual decline since August 2023 and the lowest level for any April since 2014." Redfin

"The direction of inflation expectations, as measured by the five-year, five-year forward inflation expectation rate, has a near one-to-one impact on U.S. 10-year Treasury yields." Joseph Brusuelas

"Over the last 20 years, dividends have accounted for 73% of total returns in the MSCI EAFE index, which tracks large- and mid-cap companies in developed markets outside the US and Canada." -Goldman Sachs

The S&P 500 "has increased between Memorial Day and Labor Day in eight out of the past nine years." Callie Cox

"Since 1970, June has been a strong month at the beginning but begins to weaken towards the middle of the month. June has been the fourth weakness month for equities but on average it has been positive." Andrew Thrasher, CMT

The Insider Transaction Ratio is in "bearish" territory. via Helene Meisler

8 out of 10 Utilities stocks are outperforming the S&P 500 YTD. via Duality Research

Security Sherpa Daily Chartbook dualityresearch.substack.com/t/sectorsnap