Animal Spirits: The Fed Should Cut Already
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This is absolutely unreal…
Abercrombie & Fitch has risen another 15% over the last few weeks and has now ~8x in less than 18 months
It’s the best performing stock in the S&P 1500 Index, even outperforming Nvidia $NVDA by a huge margin
Absolutely no one could have predicted… pic.twitter.com/osI2LkUz9y
— Triple Net Investor (@TripleNetInvest) February 14, 2024
Update: in 2022, the average family in the US spent 9.9% of their income on food (groceries and dining out). This is the exact same percent they spent in 2019, before the pandemic and all the food inflation
% of income spent on food
2019: 9.9%
2020: 8.7%
2021: 9.5%
2022: 9.9% https://t.co/1v315xB5HL— Jeremy ‘adjusted for inflation’ Horpedahl 📈 (@jmhorp) September 8, 2023
Bitcoin ETF from small fund no one had heard of until a month ago, scoops up 1 billion in assets in 30 days with 8 other competitors in the mix.
Tells you something about demand for this product. https://t.co/XqAKdn6V1r
— Fred Krueger (@dotkrueger) February 15, 2024
Roughly 70% of Bitcoin supply still hasn’t moved in at least a year while ETFs are seeing $500mm of inflows a day
Don’t need to be an economics PHD to know what’s set up to happen next
— Will (@WClementeIII) February 14, 2024
Here we are. When nobody believed in this technology, we, as a group of Cornellians, were in a small office in Brooklyn, knowing that this new way of issuing, owning, and transferring assets would ultimately prove to be critical, not just for individuals, but also for… pic.twitter.com/fGwdetKOMA
— John Wu 🔺 (@John1wu) February 14, 2024
Website traffic for home builders hits a new all-time high post Super Bowl 👀
(conversions still lagging – but wow are people “on the hunt” for a new place to call home)@awealthofcs pic.twitter.com/Xe603BkTo3
— Kevin Oakley (@koakley81) February 19, 2024
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