Trump says GENIUS Act for stablecoins ready for House vote after initial bump
Institutions offloaded $3.2 BILLION in single stocks and ETFs last week, according to Bank of America (BofA).
They have sold in 9 out of the last 10 weeks.
Hedge funds marked their 3rd consecutive week of selling, unloading $1.0 billion.
Source: BofA, Global Markets Investor
Meanwhile, Nvidia’s (NASDAQ:NVDA) market capitalisation has surpassed $4 trillion for the first time.
The chipmaker is the first to reach this landmark and has gained significantly from the generative AI surge.
To put $4 trillion into context... Nvidia’s $NVDA market value now exceeds the GDP of several major countries.
Source: Blossom @meetblossomapp
Is the Swiss Franc the New Gold?
BofA contends that the CHF is now acting more like gold: a liquid, neutral hedge against long-term fiscal uncertainty in a world with few G10 alternatives, rather than a response to short-term market stress.
Source: Patrick Saner
US Exceptionalism So Far During the 21St Century
New public company formations in the 21st century, with EU firms shown in red and U.S. firms in blue. Bubble size represents market capitalisation as of December 31, 2024.
Source: JP Morgan Asset Management
Never Bet Against Elon...
xAI’s Grok 4 now ranks as the leading artificial intelligence tool, according to the Artificial Intelligence Index. Remarkably, they started from ZERO just a few years ago. 
Source: Linas Beliunas
Global Trade Dominance: US, EU, or China (2000 vs. 2024)
This comparison reveals how the world’s leading trading partners have changed over the past twenty years. In 2000, the United States was the primary trade partner for most countries in the Americas, certain Asia-Pacific regions, and some African states. The European Union held the lead in trade across Europe, large sections of Africa, and Asia, and much of South America. China, on the other hand, was the top trading partner for only a small number of nations.
By 2024, China’s trade connections had grown significantly, making it the main trading partner for nearly all of Asia, the majority of Africa, and a large portion of South America. The US continued to dominate in North America and a few countries in South America. The EU remained the leading trade partner within Europe and neighbouring areas but saw its global position decline relative to China.
China’s total trade value jumped from $474 billion in 2000 to $6.2 trillion in 2024, placing it ahead of both the US and the EU as the world’s largest trading power.