Global record highs have arrived.
The number of countries in the MSCI All Country World Index (ACWI) making new 52-week highs is up to 28, the highest since February.
This figure has more than quadrupled since April.
Over this period, the MSCI ACWI has surged +20% to a fresh all-time high.
The index has also remained above its 80-week moving average for 16 consecutive months, highlighting strong momentum across global equities.
Furthermore, none of the 70 countries in the index are making new 52-week lows.
By comparison, 47 countries were making new 52-week highs in January, the highest number on record, suggesting the current breadth still has significant room to expand.
Global equity momentum is showing remarkable strength.
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The number of countries in the MSCI All Country World Index (ACWI) making new 52-week highs is up to 28, the highest since February.
This figure has more than quadrupled since April.
Over this period, the MSCI ACWI has surged +20% to a fresh all-time high.
The index has also remained above its 80-week moving average for 16 consecutive months, highlighting strong momentum across global equities.
Furthermore, none of the 70 countries in the index are making new 52-week lows.
By comparison, 47 countries were making new 52-week highs in January, the highest number on record, suggesting the current breadth still has significant room to expand.
Global equity momentum is showing remarkable strength.
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NEW - Irish government to deploy new national strategy for women and girls, warning about the "manosphere," where male influencers "propagate misogynistic views," "hate speech," and "tradwife" influencers "promote restrictive, stereotypical roles for women and girls."
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I'm going to the movie theater to watch Spider-Man: Brand New Day!
I rewatched all the Tom Holland Spider-Man movies this week to make sure everything was fresh in my memory.
I'll post a quick review after!
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I rewatched all the Tom Holland Spider-Man movies this week to make sure everything was fresh in my memory.
I'll post a quick review after!
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Media is too big
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AutoZone stores across Los Angeles County have been targeted by looters for a third consecutive day following a series of street takeovers, with at least four locations hit since Saturday
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Will ever understand why a girl who looks like this feels the need to get these dumb little tattoos
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BREAKING: Trump Media just disclosed holding 14,139 Bitcoin worth $900 million.
They added 4,662 $BTC worth $293M in July.
While everyone is panicking, Trump is loading up for the next crypto bull run.
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They added 4,662 $BTC worth $293M in July.
While everyone is panicking, Trump is loading up for the next crypto bull run.
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You cannot begin to fathom how much better your life would be with 100 million deportations
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Millions starved under communism due to the skewed incentives of collectivization.
Without private ownership or enforceable limits, resources under shared ownership are consumed inefficiently and output collapses when “real” communism is implemented.
The mechanism for this “tragedy of the commons” was exemplified through the incentives of herders in commons to add more and more animals to reap the full benefits while the costs of overgrazing are shared with everyone else.
Ultimately, the pasture is consumed entirely because what is “owned” by everyone tends to be protected by no one.
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Without private ownership or enforceable limits, resources under shared ownership are consumed inefficiently and output collapses when “real” communism is implemented.
The mechanism for this “tragedy of the commons” was exemplified through the incentives of herders in commons to add more and more animals to reap the full benefits while the costs of overgrazing are shared with everyone else.
Ultimately, the pasture is consumed entirely because what is “owned” by everyone tends to be protected by no one.
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15 minutes. That's all that stood between David Boylett and a fully printed illegal firearm.
Police raided the "obsessed hobbyist" mid-print, catching him with nearly-complete 3D printed gun parts, matching ammunition, AND an overpowered air rifle.
The man was basically speed-running an arms manufacturing operation from his bedroom.
The case perfectly illustrates why law enforcement is sweating over consumer 3D printers. Your local "hobbyist's" setup is now theoretically a weapons factory.
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Police raided the "obsessed hobbyist" mid-print, catching him with nearly-complete 3D printed gun parts, matching ammunition, AND an overpowered air rifle.
The man was basically speed-running an arms manufacturing operation from his bedroom.
The case perfectly illustrates why law enforcement is sweating over consumer 3D printers. Your local "hobbyist's" setup is now theoretically a weapons factory.
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