Founder of the Blokland Smart Multi-Asset Fund, a future-proof portfolio that invests in a smart combination of scarce assets, Quality Stocks, Gold, and Bitcoin
EXCITING NEWS 🚀!
I’m thrilled to announce the launch of the Blokland Smart Multi-Asset Fund, which invests in Quality Stocks, Physical Gold, and Bitcoin.
Interested? Contact jeroen
@bloklandfund
.com or visit for more info!
Wow chart! Based on
#SWIFT
international payments, we are witnessing 'de-euroization' and not '
#dedollarization
. The
#euro
's share in SWIFT global payments has dropped to 23% from 38% at the start of the year.
Are
#Russia
's SPFS and
#China
's CIPS eating up the euro?
By the way,
The US 30-year
#mortgagerate
has spiked to a new high of 7.38%. This is the highest level in more than 22 years. It does not require rocket science to figure out that the spike will have a massive impact on the disposable
#income
of people buying a new house or getting a mortgage
This is a massive chart from
#Germany
!
Industrial
#production
of what used to be the manufacturing powerhouse of Europe peaked 6(!) years ago. Production is down 12% since then.
Be careful with
#Bitcoin
maximalists who tell you they bought more Bitcoin. Being a maximalist implies all of your ‘wealth’ is in Bitcoin, leaving no other ‘currency’ to buy Bitcoin. 🤥
The inflows into the 'new' spot
#Bitcoin
ETFs are baffling.
#Blackrock
's iShares Bitcoin Trust has accumulated USD 19 billion in inflows this year. This is more than Invesco's Nasdaq 100 ETF, including the hyped Magnificent 7 stocks and the
#ArtificialIntelligence
boom.
In
Wow! The Hang Seng Index is down a whopping 4% today after another round of poor
#China
Macro data.
How long until China defies gravity and starts adding massive amounts of
#liquidity
despite its swiftly rising
#debt
pile?
Economists ALWAYS believe
#inflation
will quickly fall to 2%.
Forecasting inflation is incredibly hard!
It is impacted by demographics, supply chains, productivity, war, monetary policy, globalization, and luck
Too many factors to correctly ‘model.’
chart via
@biancoresearch
WOW!
#Germany
's Manufacturing
#PMI
plummeted to 38.8, which points to outright
#recession
.
Services held above 50.
So, is this time different, and will Germany's self-inflicted wounds in the Manufacturing Sector not result in another German recession?
BREAKING! US core
#inflation
rose to 4.5% in June, higher than expected and the highest level since 1991. Headline
#CPI
also higher than expected at 5.4%!
OMG! Europe has completely lost it. European ‘politicians’, who are not leaders, increasingly act from an ideologist perspective, which is incompatible with democratic and socially supported policy making. To send a threatening letter to
@elonmusk
, compelling him to censor(!) his
With great audience comes greater responsibility
#DSA
As there is a risk of amplification of potentially harmful content in 🇪🇺 in connection with events with major audience around the world, I sent this letter to
@elonmusk
📧⤵️
Why are stocks down today?
#YIELDS
! US Treasury yields are approaching 5% again, at which point things start to break. Think of the regional banking crisis, for example. But there's more. The UK suffered a near pension/insurance meltdown when UK policymakers came up with an
🚨De Nederlandsche Bank heeft berekend dat 95% van de huiseigenaren de
#verduurzaming
van hun woning kunnen bekostigen met hun
#spaargeld
en door het afsluiten van een lening. Zo dan!
Ik heb het rapport gelezen blij word ik er niet van. De eerste vraag is in hoeverre een
De Nederlandse huizenprijzen zijn in de afgelopen 12 maanden met meer dan 5% gestegen. Sinds juni vorig jaar is de gemiddelde waarde van een koopwoning elke maand gestegen. In tegenstelling tot het verleden hebben hogere rentes weinig effect gehad op de waarde van een woning.
This chart showing world
#debt
is trending on Twitter.
And, of course, the slope of the blue line is impressive. But it gets really 'awkward' when you show the total debt number as the % of global
#GDP
, which is around USD 100 trillion.
Global debt equals more than twice the size
Some personal news! After almost 20 great & inspirational years
@Robeco
, I have decided to follow my dreams and go on a new journey. Upcoming July, I will be launching a brand new research platform. Expect more analysis, graphs, and insights. New updates soon.
Yikes!
#Bitcoin
is down a whopping 12% from its peak yesterday. It's another confirmation investors are forced to abandon their goldilocks scenario of decent
#GDP
growth, slowing
#inflation
, and a series of central bank rate cuts on the horizon. The US GDP number, which was
100% of the US
#yieldcurve
is now inverted. Give me your best (meaning substantiated) reason why this time will be different and there won’t be a
#recession
.
Volgens
@mauricedehond
zou de PVV, als er nu verkiezingen zouden zijn, 50 zetels behalen. Dat is dus één derde van alle zetels. Dat alleen is al een post waard. We moeten terug naar 1989 toen het CDA met 54 zetels een grotere overwinning boekte. Maar als je de enorme
The Bank of Japan, which holds a staggering 47% of ALL outstanding Japanese government
#debt
, has announced additional bond purchases to push
#yields
lower.
This is as awkward as it sounds!
The higher the debt-to-GDP ratio, the LOWER yields.
WOW! The Chicago
#PMI
just dropped to outright
#recession
levels! 🚨
After spending also disappointed and core
#inflation
cooled, all the
#FederalReserve
now needs is a weakish
#payrolls
number, and the door to rate cuts will be re-opened on June 12.
If you were wondering why stocks have held up so well despite a looming banking crisis?
#LIQUIDITY
!
The Fed Balance Sheet increased by a whopping USD 300 billion+ last week.
Yikes! The US Composite
#PMI
just fell to 45.0! That is near
#recession
levels. The Services PMI is down to 44.1, where an increase to 49.8 was expected.
US
#Inflation
is back?!
Core Services ex Housing
#CPI
rose by 6.7% on a 3-month annualized basis. That's huge. In fact, during the 'inflation crisis of 2022,' there were only three months in which Core Services ex Housing inflation was higher.
😱
Europe's next big enemy: drought!
Water levels in Europe's major rivers, including the Rhine, have dropped to record low levels, meaning ships simply can't get through. Eurostat estimates shipping routes alone add USD 80 billion to Eurozone GDP. The total impact is much bigger.
#CreditSuisse
's Total Deposits declined by a whopping CHF 140 billion, or 37%, in Q4.
That is disturbing, and it seems unlikely that the deposit outflow will stop. Who would want to bring their money to Credit Suisse now? More likely, everybody wants out.
A 'golden rule' in
#monetarypolicy
says that when US real
#yields
rise above 2%, economic activity is severely impacted, and the odds of a
#recession
increase accordingly.
As of Friday:
5-year US real yield: 2.38%
10-year US real yield 2.20%
20-year US real yield 2.27%
30-year US
#Money
stopped flowing
The
#velocity
of money has dropped to an all-time low.
#inflation
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The last time
#Bitcoin
topped USD 40,000 was in May last year. After that,
#Crypto
scandals and lousy overall market sentiment pushed the price down. And while many investors are focused on the 'halving,`' it's the acceleration of Bitcoin as an 'accepted' asset class that feels
New day, new low!
#China
's Shanghai Composite Index dips below 2,900, down almost 15% from its April peak. For comparison, the MSCI World Index (USD) is up 13% since then. 28% performance gap between
#China
and 'the world.'