1. A Look at $7Trillion Cash on Sidelines
Spilled Coffee Blog Yes, money market balances are at all-time highs. But so is the value of everything else. The S&P 500’s total market cap has surged over the last decade. Even as cash balances look large in absolute terms, they haven’t grown nearly as fast relative to total asset values. As a percentage of total market cap, cash hasn’t really budged. In fact, as a percentage of the S&P 500 market cap, it’s near a record low.
Spilled Coffee LLC
Dan Greenhaus
2. AI is Now Largest Segment of Corporate Debt-$1.2 Trillion
3. UAE and Singaport Lead AI Adoption
Jim Reid Deutsche Bank
4. Capital Spending From Major AI Hyperscalers
The Irrelevant Investor
5. AMD Yesterday’s Rally Kicked It Above 2024 Highs
StockCharts
6. Gold vs. U.S. Dollar Chart
StockCharts
7. Dan Ives M&A Target List-CNBC
CNBC
8. IBIT $100B
Eric Balchunas
9. 30-Year Home Mortgage Rates Chart
Wolf Street
10. Interesting Poll of Pennsylvania College Kids….2% Trust Politicians, Climate/Environment Ranks Last in List of Worries, and Academics Come In Last for Information Sources
Philly.com by Julia Terruso
The Philadelphia Inquirer