Snapshots That Wow!

2Y zero Nifty returns?! FDs zindabad!

Bank deposit growth hit a 14 year+ high in the month of August at 17.8%. Is this a classic tell for people being “frustrated” with markets?

Source: Patterns India

Looks have always mattered

“Non-working women who started GLP-1s saw a 20–25 percentage point increase in getting a job over 2 to 3 yrs.”

Going on the GLP-1 regime to lose weight and therefore seem more conventionally attractive- is this a correlation or a causation for these women to find a job?

Source: Economist

Oligopoly evaporated in a ‘Blink’ of an eye!

“The Walmart-owned service has grown sharply from roughly 390,000–400,000 daily orders in November, putting it closer to Swiggy Instamart’s estimated 1.4 million daily orders. Flipkart has been supporting the growth with an aggressive expansion of its fulfilment network. Minutes now operates around 1,020–1,050 micro-fulfilment centres, up from about 340 a year ago, with the company targeting 1,500 by the end of 2026.”

Source: CLSA, Ken

The enterprise wants us to be artificially intelligent

We just want to be naturally dumb.

“Almost nobody pays for AI out of pocket yet

Only ~3% of US consumers do, up from under 1% in 2023

The youngest buyers are adopting at 4x the rate of the oldest”

Source: A16Z

Why fund from your own pocket when you can pick another’s?

"Although firms are raising capex these past few quarters, dividends are rising faster. If we go back to the storied late-90s, the golden period Warsh likes to believe we are in once again ... dividends were about 20% of capital expenditures. Today, it is close to 50%."

Source: DailyChartBook

Delhi rubs off its attitude on all

Spotted outside Delhi Airport, Samsung taking on Apple head on.