1. Earnings Guidance Spread Chart
Bespoke Investment Group As shown below, our guidance spread chart, which shows the percentage of companies raising minus lowering guidance on a rolling three-month basis, has spiked to a level we’ve only seen once before, which was the period coming out of the COVID Crash in 2020. These big spikes in guidance have historically happened in the early part of periods following max uncertainty.
Bespoke
2. Crypto Lending Hit $74B in Q3
Crypto lending. The recent drop in crypto prices was preceded by a record-breaking $73.6 billion in crypto lending in Q3.
DAILY CHARTBOOK
3. Kalshi Now Sports Betting App…$800m a Week
4. AI Borrowing Getting Boost from Private Lending…Blue Owl Chart Pulls Back to Liberation Day Lows
StockCharts
5. I Agree…Good Chart to Watch
Mike Zaccardi
6. XLK Tech ETF Has Been Above 50-Day Since Liberation Day Lows…Pulled Back and Held Multiple Times
StockCharts
7. META Hard Close Below 200Day….Oversold Short-Term RSI 25
StockCharts
8. Job Postings at Covid Levels
The Kobeissi Letter
9. 2M Cars Repossessed in 2025
Liz Ann Sonders
10. Three Highlights from Scott Galloway New Book-“Notes on Being a Man”
Axios CEO Jim VandeHei writes:
Axios