Shane Wright Weakest for more than 20 years in yoy terms
x.com/IFM_Economist/…

Cathie Wood's Ark Invest is ranked as the #1 wealth-destroying fund family over the last decade, wiping out more than $14 billion of capital, more than double the #2 ranked wealth-destroying fund family 👀

$C China auto team on $TSLA 'Telsa has sold around 1.65mn EV in China in the past years. If we assume the China FSD take rate at 25% (from almost 0% now) with USD99 fee/month, this should generate an annualized China FSD revenue at around USD500mn, which translates to

The Yen is in free-fall and markets wonder if there's a red line. There isn't. The red line that exists is on 10-year JGB yield, which can't rise as this would cause a fiscal crisis. Japan can't simultaneously stabilize Yen and cap yields. Japan's debt put it in a terrible place.

USD/JPY just broke 160, it was at 108 Jan 1 2021 so lost around 50pc of its value against $USD since then, around 25pc of value against $AUD

We had yoga pants trading on 60x PE just months ago, now Forbes asking why has it plunged 34pc in 2024 $LULU forbes.com/sites/greatspe…

Dan Worrall removed Fletcha Middleton with this ABSOLUTE SEED as Surrey beat Hampshire in a thriller at The Kia Oval in 2023! 🙌

🤎 | #SurreyCricket

As a journalist, cannot see any reason to watch the bone-saw golf in Adelaide theguardian.com/sport/2024/apr…

Interesting Kogan story by Tom Richardson. and Carrie LaFrenz ... afr.com/markets/equity… $KGN

Big moves in rates this morning (bear steepener suggests rate hikes not over) Aussie 1-year bond +13bps to 4.36pc, now back above cash rate 4.35pc - BUT 10-year rising faster +19bps to 4.6pc afr.com/markets/equity…

Super Retail Group - $SUL has disclosed two employees are threatening damages claims totalling up to $80m over alleged behaviour of CEO and undisclosed relationship with former head of HR! announcements.asx.com.au/asxpdf/2024042…

Wilsons is bullish $RMD on earnings: stock +9pc AH on the Street 'ResMed’s 3Q24 result beat revenue by 2% and EPS by 13%. The company’s competitive position in sleep markets look insuperable now,'

Big day ahead on market: Aussie bond yields are climbing - 10-year +15bps to 4.55pc, 1-year + 7bps 4.31pc on hotter-than-expected CPI, interest rate futures markets all but ruled out 2024 rate cuts, $RMD beats on earnings afr.com/markets/equity…

Nowhere open in North Sydney for lunch

Wow, first and last time at Subway,

IIRC sometimes aristocrats in UK would have big all nighter summer parties once a year at estates where there would be drugs flying around, & people would end up at the outdoor pool when sun rose but I wouldn't exactly call it an orgy, think these things can get exaggerated

Chances of Europe getting its act together?

More evidence VAR's a waste of time, - like the South Sea stock bubble described by one promoter as 'for carrying on an undertaking of great advantage, but no one knows what it is'

IMO, Alexander Arnold must be in England team for Euros, just seen his performance / goal v Fulham. Q. why did England lose WC QF to France? A. B/c of quality on cross Griezmann sent in for Giroud headed goal, that type of quality AA possesses is difference at top
Level

Chinese demand for #gold - 'In the last two years, overseas purchases totalled over 2,800 tons – more than all of the metal that backs exchange-traded funds (ETFs) around the world, or about a third of the stockpiles held by the US Federal Reserve' scmp.com/business/china…