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Equity sentiment is stretched to the bullish side, per
Goldman |
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00:01 -
06/03/24 |
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The forward 12-month P/E ratio for
SPX
of 20.4 is above the 5-year average (19.0) and above the
10-year average (17.7). |
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Uranium prices have come down of late, but the run may not
yet be over as there is rising demand for nuclear power in a
world hoping to diversify its energy resources |
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Over the past decade, Turkish Lira is by far the weakest of
all advanced and emerging market currencies. This is
entirely due to repeated pump-priming of the economy ahead
of elections, a cycle that continues into local elections
later this month. More Lira weakness is coming... |
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US Real GDP increased 3.1% over the last year, the highest
growth rate since Q1 2022 |
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