BLACKROCK CEO: G7 COUNTRIES DO NOT HAVE SUFFICIENT POWER SUPPLY TO SUPPORT ARTIFICIAL INTELLIGENCE

China just dumped the largest amount of U.S. Treasuries and Agency Debt in history.

BREAKING: The Dow Jones Industrial Average has hit 40,000 for the first time in history.

A promising datapoint from @Elara (tho not an apple to apple comparison)- #GST collection (ex frm imports) in #UP > that of #TN for 1st time in Apr 24, reflecting compliance, formalization & rising prominence of #manufacturing with spillovers for #jobs
#income & #consumption

India is at the opposite end of the spectrum with need for #job creation vs advanced economies that fret over huge unfunded #pension & #healthcare liabilities & aged population. But India's window will close in nxt 15-20 yrs & ageing will pinch harder esp in the southern states.

The collapse of US commercial/office real estate has been stunning as work-from-home and home-delivery have emptied out malls, office blocks and so on. However, less talked about, is the fact that it is now happening in Europe too. German commercial real estate prices are down

The problem of plenty! #Students have done their part & the 90%+ club continues to grow for class X & XII. It will now be a test of nerves for #Parents as a mad rush for #college seats will begin.

🇮🇳 - Indian ports are undergoing deep transformation as country positions itself as node for global supply chains
• Capacity at major Indian ports has more than doubled in past decade
• Average turnaround time are dropping in key ports, making maritime hubs more attractive

Unique #MF investors scaling 45 mn & active #SIP a/cs up by 20 mn inF24 - is a remarkable story indeed esp in the backdrop of the geo-political & global macro upheaval. The nos rose from what most thought was a very 'high base'. Unique investor count is also 2x in last 3 years

Interesting take on valuation metrics...

Wow

Battery prices in China are crashing 🤯

The clean energy transition is about to get very interesting...👀

🙃 Mothers know best &
they also say 'A mother understands what her child does not say!'

After a brief pause, freight costs started to rise once again.

This Shanghai indicator typically precedes the global container index, which I suspect it will also experience an uptick.

Indeed, this development is poised to exacerbate inflationary pressures worldwide,

Time for Tier III & IV cities?
Towns such as Mhow, Rewa, Gopalpur, Sonipat etc r new hotpsots for major hotel chains with lower #land & operational costs, rising #consumption & potential are attracting strategic #investments from #hospitality industry

livemint.com/industry/emerg…

Now that is something! Taylor Swift's ability to draw 5x more US luxury #travellers than summer #Olympics is testimony to the power of 'Swiftonomics' even as
#Paris is witnessing lower than expected demand for #Olympics 2024, rentals & hotel rates are being cut to attract biz

64 shopping centres with >13mn sq ft #retail space in India are now classified as 'ghost' shopping centres with est losses of Rs6.7k cr per #KnightFrank . A combination of higher #rentals , #onlineshopping & gyrating #consumption pattern is proving fatal for retail #malls globally

#FPI shareholding in #NSE cos slumped to a 11 year low at 18% in Mar 24- a level last seen in Dec 2012 per #Primedatabase . Also, since Dec 20 when FPI holdings made a recent peak of 21.2%, #DIIs have taken up the slack with their share rising to 16% in Mar 24 from 13.6% in Dec 20

India's Commercial #services exports are likely to jump >2x from current levels to $800 bn by 2030 per #GS . The redeeming part is also that the #GCCs have now gone beyond #Metros & smaller #cities are springing up to the fore that augurs well for #Jobs , #realty & #consumption

hmmm hmmm ...
What a collection !!

How many Kishore Kumar songs ??

🫣🙃