Snapshots That Wow!

Beak demand refuses to Peak!

In an era dominated with the rise of Vegan foods, it is surprising to note a 17% per capita increase in poultry consumption to 20 kgs per person in the UK!

Source: FT

Padhega nahi, toh badhega kaise?

Sincethe advent of social media, there is a dramatic shift in the reading habits of teenagers in the US. Almost half of them claim to hardly ever read for leisure vs. 20% two decades back!

Source: FT

TikTok on the clock and time is money! Now it all makes sense.

Monthly GMV on Tiktok Shop in the US is over a billion dollars vs. $500-600mn last year (ex of the holiday months). Wonder where black friday sales and christmas shopping have taken in this month?

Source: UBS

And here I thought, everyone had 5.5 credit cards today

A cursory glance through fintwit debates on which credit card makes you realise that depending on the category of spend, there is a different categorise to maximise points from. It has induced people to hold multiple credit cards- one for restaurant spends and booking, another for online shopping and so on. It is shocking that even as that may be the case for urban India, for the penetration of credit card is merely 5.5%!

Source: UBS

The only green that matters is the one printed on $

“The green slogan says the world is moving away from hydrocarbons into electrons. But then there's the question of how those electrons are produced (in absolute terms, rather than as a share).”

Source: Javier Blas

Khel khel mein

“Kalshi is the first CFTC regulated exchange dedicated to trading on the outcome of future events. From inflation, to fed rates, to unemployment, to will the government shut down, Kalshi allows people to trade on a broad range of topics.” and the largest volume is drawn in on sports!

“Sports betting is just the beginning for prediction markets”

Source: COATUE