"A desk is a dangerous place from which to view the world." - John le Carré

RT @spectatorindex: 🇺🇸 US total credit card debt. Three years ago: $0.88 trillion. Now: $1.18 trillion.

"#China embarks on world's largest #hydropower #dam, capital markets cheer." #Tibet.

RT @spectatorindex: 31% of 🇺🇸 American parents are unable to afford back-to-school shopping for their kids this year, according to a survey….

"That most observers still ignore the curve is vital. It means #stocks haven’t yet fully priced in this growing, bullish power. Expect it to help drive stocks higher here & to continue doing the same throughout Europe, the UK & most emerging markets.".

8. "a key difference between this tech boom & the last one, in the late 1990s. 'This time, investors are putting extraordinary premiums on established businesses' rather than only on new ventures. Meeting expectations 'becomes a much taller order'. when co.s are already huge.".

7. "Smaller stocks, on the other hand, have gotten so cheap relative to the market’s giants that 'even if you fall from here,' says Wang, 'you’re only falling out of a one-story house now.'”.

6. "#Bigtech companies 'have a lot of speculation built into them, so there’s not a lot of room for error,' says Christine Wang, a portfolio manager at Bridgeway Capital Management in Houston. 'They would be severely punished for not meeting #expectations.'”.

5. "The tech-dominated titans in the #MSCIUSAMegaCapSelectIndex are trading at an average of 30.4 times net profits and nearly eight times net worth. The #Russell2000 trades at 18.3 times earnings and two times net worth.".

4. "The 6.6% annualized total return on small #stocks over the past 10 years trails large-company performance by 7.3 percentage points, says DeSanctis. (All figures include dividends.). That’s the widest gap going back to 1935.".

3. "In fact, #Nvidia alone—at its recent #marketvalue of $4.22 trillion—is 65% more valuable than all the #stocks in the Russell 2000 combined.".

2. "The #marketvalue of the five biggest companies in the #SP500 is nearly five times the combined market value of the #Russell2000 index, according to Steven DeSanctis, an equity strategist at Jefferies.".

1. "Then #investors who didn’t give up on smaller #stocks will be rewarded.".

"Money always chases performance, & big stocks have all the momentum—burnished by the #AI boom. But what if AI turns out to be a bust, it fails to meet expectations or the biggest #stocks end up stagnating?".

RT @OnlyInBOS: Massachusetts has the best school system in America in 2025 according to WalletHub. Ranked first in math test scores. Rank….

RT @PeterDiamandis: What ever your doing, go higher. 10x is a real thing. There is no excuse for anything less. NOW is the time to buil….

10. "Domestically, huge #pricewars have shrunk #profits, prompting even Mr. #Xi &other leaders to warn co.s against engaging in 'disorderly & low-price #competition.' And Europe’s importance has only grown as the Trump administration tries to close off other markets to China.".

9. "Despite its combative stance, #Beijing cannot afford to push #Europe too far. China needs European markets to absorb the #glut of #electricvehicles, #batteries and #solarpanels its #factories are making.".

8. "And this month, #China hit back at #EuropeanUnion curbs on government purchases of Chinese #medicaldevices by imposing similar government procurement restrictions on European #medicalequipment.".

7. "Earlier this year, #China slowed exports of #rareearthminerals to #Europe, sounding alarms at high-tech firms across Europe and triggering a temporary shutdown of production lines at European auto parts manufacturers.".

6. "#MaoNing, a spokeswoman for China’s #foreignministry, fired back at Ms. #vonderLeyen, saying it was the #EuropeanUnion’s 'mind-set' that needed 'rebalancing,' not China’s trade relationship with Europe.".