Grok Imagine

It's not an S&P 500 rally. It's a big tech & AI rally. If you exclude the Mag 7, the index is actually DOWN on the year. Here are some crazy stats: - 118 stocks have fallen more than 10% driven by higher costs - Only 82 stocks are up 10% or more The entire stock market is

U.S. Farm Bankruptcies Surge +46% as Fertilizer Costs Squeeze Farmers: The American Farm Bureau Federation reported 315 Chapter 12 bankruptcy filings in 2025, up from 216 in 2024 and the third consecutive annual increase. The Midwest got hit hardest with 121 filings, a +70%

The December 23-24th selloff in silver was a bigger threat to the bull market than the January 30th- Feb 5th selloff The January selloff was larger but started from outer space, so it had a lot of leeway

US SPR release finally picking up to >1 MMbpd. That's more like a proper crisis release (er, exchange)

What's up with silver's recent underperformance? > The metal enjoyed a positive correlation with both the semiconductor index and broader S&P 500 > That correlation broke down after the Iran war started > But we need the metal to make semiconductors and for a number of other

Since 2018: Total US corporate profits: +81% 10 S&P mega-caps: +356% Profits of the big monopoly S&P companies have risen from 8% to 20% of total US corporate profits in just 7 years.*

5-yr CPI swap is pushing the upper end range.

The S&P 500 is on track to record its highest Q1 net profit margin since 2009. h/t (((The Daily Shot)))

Gm, Brent crude (June) > $111 Now officially back above where prices cratered following the ceasefire announcement on April 7th.

Not the moment for complacency in markets. May likely loses more barrels than March vs the Jan baseline, not fewer. No sign of resolution in this Mexican stand-off. The system needs more pain before any solution emerges, and it will be imperfect.

Credit spreads are starting to widen out again.

Those that claim the US dollar dominance is at risk or in decline, due to the Iran war, are completely wrong. The US dollar is becoming even more dominant in international transiations. The US dollar's percentage of international transactions rose to a record 51.1% in March.

World Gold Council: Global demand hit a new record high value Total Q1 gold demand rose 2% year-on-year to 1,231 tonnes, while soaring prices drove a 74% jump in value to a record $193 billion. Bar and coin demand climbed 42% to 474 tonnes, led by Asian investors. Gold-backed ETF

Oil is up 70% year-on-year but still not a particularly impressive run in hard-money gold terms. Only back to the 2016 low.

BREAKING: The U.S. 2 year yield jumps to 3.93%, above the Federal Reserve limit of 3.75% The last time the Federal Reserve was forced to raise rates into a recession was the 1970s.

“Virtually all long-term valuations are at or very close to their record highs.” 👇🏼 - Bloomberg

YALLA!! WE ARE AL NASSR!! ✈️🤷🏽‍♂️💪🏽

This father is mourning his daughter Mila, barely four years old, who was killed alongside her mother in an Israeli attack. According to Lebanon’s Health Ministry, around 2,500 people have been killed in Israeli attacks, including more than 170 children.

"…it seems like [Warsh] is going to have a much harder time establishing that leadership position." na2.hubs.ly/H05c4Q30 #federalreserve #powell #dimartinobooth #kevinwarsh #economy