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Retail trading orders, as a percentage of volume, have surpassed the 2021 meme-mania peak.
(via @business @luwangnyc)https://t.co/iVJh5T7sby pic.twitter.com/VQFRukInMn
— Carl Quintanilla (@carlquintanilla) February 2, 2023
Value vs. Growth has stopped caring about interest rates.
Last year: “If rates are going higher, I want to own Value, not Growth. Once rates start falling again, Growth will start working again.”
But rates ARE now falling…and Growth is still not working.
It’s a Value cycle. pic.twitter.com/9qsSgfDJQh
— Jeff Weniger (@JeffWeniger) February 3, 2023
“The market – rightly in our view – faded the hawkish jawboning, focused on the Fed’s recognition that disinflation is underway and perceived that there is a path to a pause after one more 25bp in March”
Evercore
— Jonathan Ferro (@FerroTV) February 2, 2023
founders: You don’t need a lot of people to make a lot of money pic.twitter.com/y4omt1GNgc
— @jason (@Jason) February 1, 2023
Fed Chair Powell is optimistic about a soft landing:
“I continue to think there’s a path to getting inflation back down to 2% without a really significant economic decline or a significant increase in unemployment.”
“This is not like the other business cycles in so many ways” pic.twitter.com/F7acCKJOVz
— Heather Long (@byHeatherLong) February 1, 2023
I’m a supply chain professional and I’ve never seen the labor market so desperate for workers. So many ppl in and out of tolls quickly as well.
I don’t see this ending soon either.
— caseyjones.eth ? (@DDreery) February 3, 2023
Incredible collapse in M2 money supply growth.
People were very concerned this would cause hyperinflation back in 2020…. pic.twitter.com/BZyZm0XVQC
— Cullen Roche (@cullenroche) January 24, 2023
Green Shoots?
IMF upgrades global growth outlook for 2023.
Biggest upward revision among major economies seen in Germany and China.https://t.co/oaXX9T4ABI pic.twitter.com/D14AU85JK2— Jeffrey Kleintop (@JeffreyKleintop) January 31, 2023
* US auto sales: 20-month high
* incentives DOWN
* inventory UP#ThingsYouDontSeeInRecession(via MS/Jonas) $TSLA $GM $F pic.twitter.com/aDXRXe9TQJ
— Carl Quintanilla (@carlquintanilla) February 2, 2023
A lot of talk about how new vehicle prices have surged over the past couple years — here’s new vehicle prices as measured by the CPI divided by average hourly earnings. Not sure we get lucky like we did from 1995-2020 again: pic.twitter.com/ftg6ppje3K
— Conor Sen (@conorsen) February 4, 2023
MORGAN STANLEY: “.. demand for services, especially travel, held up well last year but we think consumers and companies will tighten their belts as we progress through 2023.” [Wilson] $JETS $XAL pic.twitter.com/l8rDhAteKB
— Carl Quintanilla (@carlquintanilla) January 23, 2023
“…the average price of a dozen eggs is down more than 40% from its December peak of about $5.30. A dozen eggs now cost just over $3.” @MatthewPhillips @axios https://t.co/Pj2iHsb3qZ pic.twitter.com/uL5dRSnt9G
— Sam Ro ? (@SamRo) February 1, 2023
Last 24 hours:
* NetApp: 8% of workforce
* HubSpot: 7%
* PayPal: 7%
* Workday: 3%
* Impossible Foods: 20% https://t.co/CesUamwZtE— Carl Quintanilla (@carlquintanilla) February 1, 2023
For every headline you read about the surge in layoffs, it’s worth turning to nationally representative data to get some context. Here’s the latest numbers. pic.twitter.com/xKI9GuonlD
— Justin Wolfers (@JustinWolfers) February 1, 2023
Via @ARKInvest 2030 #Bitcoin price predictions:
Base: $682k
Bull: $1.48M pic.twitter.com/5W4u1kqyXD— Andrew (@AP_Abacus) February 4, 2023
We’re in a bifurcated housing market correction.
San Francisco is down 10.5% from its peak.
Chicago is down just 0.1%. https://t.co/5qVLGQtoGs pic.twitter.com/eM6EY1UYth
— Lance Lambert (@NewsLambert) February 1, 2023
New homes priced below $200K are now 0% of the market.
They were 40% of the market one decade ago.$500K+ homes have grown from 17% of the market to 38% of the market during Covid.
Expect both of these trends to reverse this year. pic.twitter.com/Q8Ftcojg2G
— John Burns (@johnburnsjbrec) January 31, 2023
1) Stripe doing a clean down round is healthy for ecosystem.
Many companies that raised at absurd multiples (avg SaaS deal in 21 was done at 114x ARR per IVP) will need to raise again soon.
Majority will be down rounds or heavily structured. Both options should be considered.
— Gavin Baker (@GavinSBaker) January 31, 2023
AAPL product revenue pic.twitter.com/yo73gTQV1I
— zerohedge (@zerohedge) February 2, 2023
woooow podcast creation is v down. as a listener, that hurts my hopes for better discovery tools even more. as a podcaster, i see this as an opportunity to stand out
chart via @TheSplit_ pic.twitter.com/rDZINV650f
— natasha mascarenhas (@nmasc_) February 2, 2023
Median weekly earnings for Americans working full-time is $1,084, or $4,336 every 4 weeks. A median-earning couple would thus have around $9,000 of income every month, making median rent just 22% of their incomehttps://t.co/UG207jgDNz https://t.co/jLioK2EvAV
— Jeremy Horpedahl ?♂️ (@jmhorp) January 30, 2023
We did it everyone! Credit card debt is right back on trend. pic.twitter.com/HGFpDFe2vi
— Arpit Gupta (@arpitrage) February 3, 2023
@michaelbatnick @awealthofcs just a PSA: a few months back you guys were trying to decipher the definition of “gas lighting”. the old woman who hit michael in the parking lot is a textbook example of gaslighting lol
— Tucker Donahue (@TuckeRyan) February 1, 2023
ChatGPT reaches 100 million active users in 2 months, the fastest growing consumer app in history.
— Watcher.Guru (@WatcherGuru) February 3, 2023
Fun take: Approximate number of mentions of “AI” in earnings calls in the latest earnings call: $GOOG: 62 Times$META: 33 Times$MSFT: 31 Times$AAPL: 2 Times$AMZN: 0 Times
— The Transcript (@TheTranscript_) February 3, 2023
BOX OFFICE: The Big Stories..
– #Avatar Dethroned! #KnockAtTheCabin tops weekend w/ $14.2M, becoming first 2023 film to open #1 at BO
– This is M. Night’s 7th film to open #1
– #80ForBrady nabs #2 w/ $12.5M. More on this one shortly..
– Domestic BO nearly +50% from 2022 so far. pic.twitter.com/1wcPC1g912— Erik Davis (@ErikDavis) February 5, 2023
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