Shocking stat of the day:
— The Kobeissi Letter (@KobeissiLetter) June 12, 2024
42% of US small-cap companies are unprofitable, the most since the 2020 pandemic when 53% of small caps were losing money.
At the same time, only 10% of the S&P 500 firms and 20% of mid-caps are unprofitable.
By comparison, during the 2008 Financial… pic.twitter.com/vG1SuBpm00
The Trump masterstroke in Venezuela explained
https://www.dailysignal.com/2026/01/17/how-canadas-only-leverage-over-america-disappeared-in-an-instant/