1. Crypto Highest Outflows Since 2022
Crypto flows. “Crypto sees biggest outflow since 2022. Money is leaving the market at one of the fastest rates since the last bear market.”
DAILY CHARTBOOK
2. But…Crypto ETF Positive Flows Were Much Higher than Predicted
Eric Balchunas
3. Flows Move Away from Mega Cap Tech Stocks
Dave Lutz Jones Trading–At the end of the fourth quarter, mega-cap tech stocks were the most under-owned relative to their weightings in the S&P 500 Index in 17 years, according to Morgan Stanley analysis citing 13-F filings. Bloomberg reports
4. Online Spending Surging
5. LLY Stock Sideways Pattern Since November 2025
StockCharts
6. 1.4 Billion Barrells of Oil Sitting at Sea
7. China Debt Worse than U.S. and Europe
Michael A. Arouet
8. Musk cuts Starlink access for Russian forces – giving Ukraine an edge at the front
Paul Adams-Reuters
The Starlink system has become a vital tool to give troops in Ukraine internet access
Evidence is mounting that Elon Musk’s decision to deny Russian forces access to his Starlink satellite-based internet service has blunted Moscow’s advance, caused confusion among Russian soldiers and handed an advantage to Ukraine’s defenders.
But for how long? And what can Ukraine’s military achieve in the meantime?
“The Russians… lost their ability to control the field,” a Ukrainian drone operator who goes by the callsign Giovanni told us.
“I think they lost 50% of their capacity for offence,” he said. “That’s what the numbers show. Fewer assaults, fewer enemy drones, fewer everything.”
It’s still early to assess the impact of a change that only came into effect at the beginning of the month, after Ukraine’s defence minister, Mykhailo Fedorov, asked Elon Musk’s SpaceX company to block Russian access to Starlink.
But in some areas of the long front line, especially east of the city of Zaporizhzhia, there is some evidence of Russian forces being forced to retreat.
BBC
9. Map of Highest Homicide Rates in America
Newsweek
10. America-Work Down Leisure Time Up-Irrelevant Investor Blog
The Irrelevant Investor