Snapshots That Wow!

Koi nai nikla, gadi leke :(

Truck sales in the US are collapsing. This almost always coincides with the start of a recession. Only solace is that it is a necessary condition not a sufficient one.

Source: Bloomberg

Mid-west about to turn blu-ish?

The entire Chinese purchase of Soyabeans has shifted to Argentina from the US. As one third of Congress is up for elections in 2026, does Mid-West vote turn bluish?

Source: NYTimes

Of land we are, to land we shall return

The largest asset class in household wealth across the world remains real estate; barring the US. Recent stock market move, has resulted in equity + MF holdings in the US become larger than the value of all property held by American households.

Source:Goldman Sachs

Bulls*** powering this run!

OpenAI is planning to use more energy than the UK or Germany in 5 years, and more than India in 8 years.

Source:Michael Arouet

Retailisation of financial savings!

“Investors sold -$4.7 billion of US equities last week, driven by single stocks.

Outflows from single stocks rose by $500 million, to -$5.7 billion, making the last 2-week outflow the 3rd-largest since 2008.

This was led by institutional investors who dumped -$3.6 billion, the most since June, after -$1.4 billion in the prior week.

Hedge funds sold -$1.3 billion, posting their 3rd consecutive weekly outflow.

Meanwhile, retail investors turned to buying for the first time in four weeks, at +$200 million

Source: BofA Research

The artificial (intelligence) rise in private markets!

“One of the most durable trends in private markets over the past decade has been growth in AUM. Assets managed by GPs are headed to $24 trillion by the end of the decade, up from $19 trillion today and under $10 trillion in 2018. There were 3x more PE and VC firms in 2022 than in 2010”.

47% of US investor tech deals in 2024 funded private markets AI.

Source: Join Colossus