Snapshots That Wow!

Not so minty miners be minting!

Gold miners have seen a phenomenal run up in EBITDA margins given the stupendous run up in gold prices. Margins now sit at an all time high of 61%

Source: DSP Netra

The EMI is too damn high!

Searches for "help with mortgage" surpass 2008 housing crisis.

Only solace is that there isn’t degrees of leverage sitting on top of this.

Source: Polymarket

AI, the intelligence for the physical form of a robot

Foundation models, which identify patterns that allow robots to perform multiple tasks, could improve their dexteritys. Classical techniques have been sufficient for safety and remote assistance, while traditional machine learning techniques can nearly achieve human-like capabilities in mobility, such as arm movement and balance. And now, researchers are developing multimodal foundation models that would allow robots to perform actions based on visual inputs and spoken commands.

Source: McKinsey

We all chase momentum afterall!

After being the best performing market for the past 10Y, 20Y and 30Y, US stocks see record 18% foreign ownership- highest ever!

Source: Deutsche Bank

Need for speed is killing!

Middle east may have the fastest cars and the speed limits that are floors and not ceilings- but they do seem to have some of the more dangerous roads in the world with Saudi Arabia and UAE topping the charts in motorists’ death.

Source: Our World in Data

Lifesciences need to reflect on own health choices!

The life sciences industry has seen a surge in capital, and firms have announced more than $150 billion in new capital projects before 2030. That is however a problem. 95% of the projects in the lifesciences space see both a capital overrun and overshooting the timeline.

Source: McKinsey