1/2 The breaking of this relationship is a measure of stress in markets ... it continues to widen.(Higher rates are not supporting the dollar right now. This means they might have to go a lot higher to stop the dollar from falling.)

Yield curve steepening accelerates this morning. 2s/10s spread at the highest level since Feb 2022.

Chipotle won't raise the prices of chicken burritos or guac and chips as it tries to navigate fragile consumer sentiment and a trade war. The burrito chain posted its first decline in same-store sales since 2020. yahoo.trib.al/7HevHBo

Fresh statistics from the Finnish Venture Capital Association: The latter half of 2024 brought a boost to the Finnish private equity market. There were more exits than since early 2022, with funds raising approximately one billion euros.💡 Read more👉paaomasijoittajat.fi/en/ajankohtais…

Retail has been buying the hell out of the dip

Most food is transported by boat, so food miles are a relatively small part of the carbon footprint of most diets— Many people are interested in how they can eat in a more climate-friendly way. I’m often asked about the most effective way to do so. While we might intuitively

11.1% of active credit card accounts are currently ONLY making the minimum payment, the most in history 🚨 Probably Fine? 🤔

S&P 500 earnings are expected to grow 11% this quarter and another 26% next year.   We better hope there’s no recession, because if there is, a sharp downgrade in earnings estimates could be a real drag on the market, in my view.

Global shocks have weighed heaviest on low-income countries and fragile states. Support should focus on grants and concessional loans for the poorest and fragile countries, and on help attracting private investment for more advanced low-income countries. imf.org/en/Blogs/Artic…

Outwit, Outplay, Outlast, OEWS: employment and wages in occupations of Survivor winners bls.gov/opub/ted/2025/… #BLSdata

🚀 Markets on a tear! 📈 S&P 500 & Nasdaq futures jumped to record highs on Monday, fueled by trade optimism and tech strength. ✅ Canada just scrapped its digital tax on U.S. tech firms—giving a big boost to stalled U.S. trade talks. ✅ Last week, the S&P 500 & Nasdaq closed

Visualizing $1.5 Trillion in Global Power Investment💡 voronoiapp.com/energy/Visuali…

Ranked: The World’s Top Cotton Producers 👕 elements.visualcapitalist.com/ranked-the-wor…

Top 5 Gold-Producing Countries (2010–2024) 🪙 elements.visualcapitalist.com/top-5-gold-pro…

Warren Buffett Indicator hits a new all-time high of 221%, the most expensive stock market valuation in history 🚨🚨

This is absolutely insane: Technology and tech-related stocks now reflect a record 56% of the stock market. This is ~5 percentage points higher than the 2000 Dot-Com bubble peak. At the same time, defensive stocks make up just 16% of the market, the lowest reading on

How much did your state’s economy grow in the second quarter? Check the FRED Blog’s map of data from BEA News bit.ly/4mLNK3A

In the latest Small Business Credit Survey, U.S. small businesses reported declines in revenue and employment growth at the highest rate since 2021. Learn about the survey on our blog: bit.ly/48H60HW

Hard to ignore how cheap oil has become relative to a diversified basket of commodity producers that historically move in close correlation. Commodities rarely diverge for long, and this disconnect suggests oil is among the most undervalued resources today, in my view. All of

The Scale of Fossil Fuel Production 🌍 elements.visualcapitalist.com/the-scale-of-f…