Offshore
โ Dimitry Nakhla | Babylon Capitalยฎ RT @DimitryNakhla: A quality valuation analysis on $AMZN ๐ง๐ฝโโ๏ธ โขNTM P/OCF Ratio: 14.53x โข5-Year Mean: 22.57x โขNTM FCF Yield: 2.43% โข5-Year Mean: 2.70% As you can see, $AMZN appears to be slightly undervalued using P/OCFโฆ
๏ฟฝ ๐ฌ๐จ๐ฎ๐ซ๐๐๐ฌ ๐๐๐ฅ๐ข๐๐ฏ๐๐ ๐ญ๐จ ๐๐ ๐ซ๐๐ฅ๐ข๐๐๐ฅ๐, ๐๐ฎ๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐ ๐ฎ๐๐ซ๐๐ง๐ญ๐๐๐ ๐๐ฌ ๐ญ๐จ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐๐ง๐๐ฌ๐ฌ ๐จ๐ซ ๐๐๐๐ฎ๐ซ๐๐๐ฒ.
tweet
tweet
Offshore
Photo
โ The Kobeissi Letter
BREAKING: The Atlanta Fed's GDPNow estimate for Q1 2025 GDP has been lowered to -0.5%, NET of gold imports and exports.
Including gold, the Atlanta Fed's GDPNow estimate is down from +3.9% to -2.8% in under 3 months.
Why are they adjusting for gold?
Because we have seen depression-like purchases of physical gold in the US which are "skewing" the GDP estimates.
Regardless, the Atlanta Fed now sees GDP CONTRACTION in Q1 2025 for the first time since 2022.
Meanwhile, Core PCE inflation jumped to +2.8% this morning.
Stagflation has arrived.
tweet
BREAKING: The Atlanta Fed's GDPNow estimate for Q1 2025 GDP has been lowered to -0.5%, NET of gold imports and exports.
Including gold, the Atlanta Fed's GDPNow estimate is down from +3.9% to -2.8% in under 3 months.
Why are they adjusting for gold?
Because we have seen depression-like purchases of physical gold in the US which are "skewing" the GDP estimates.
Regardless, the Atlanta Fed now sees GDP CONTRACTION in Q1 2025 for the first time since 2022.
Meanwhile, Core PCE inflation jumped to +2.8% this morning.
Stagflation has arrived.
There it is:
Long-term US inflation expectations have officially SURGED to 4.1%, the highest level since 1993.
Tariff front-running has led to a $300+ BILLION trade deficit in 2 months and consumer sentiment has collapsed.
Is stagflation ramping up?
(a thread) https://t.co/qI3aGSTqP1 tweet
Offshore
Photo
โ Finding Compounders
RT @gainify_io: After outperforming $TSLA by 90% YTD, $BYD still trades at just 1x 2026 sales.
Emerging EV leader โ fully priced in or a clear opportunity? https://t.co/16q97Fd5KO
tweet
RT @gainify_io: After outperforming $TSLA by 90% YTD, $BYD still trades at just 1x 2026 sales.
Emerging EV leader โ fully priced in or a clear opportunity? https://t.co/16q97Fd5KO
tweet
Offshore
Photo
โ The Kobeissi Letter
BREAKING: US stocks extend declines with the S&P 500 now down over -100 points on the day.
The Nasdaq 100 is down -445 points. https://t.co/dQNVbmrSq6
tweet
BREAKING: US stocks extend declines with the S&P 500 now down over -100 points on the day.
The Nasdaq 100 is down -445 points. https://t.co/dQNVbmrSq6
There it is:
Long-term US inflation expectations have officially SURGED to 4.1%, the highest level since 1993.
Tariff front-running has led to a $300+ BILLION trade deficit in 2 months and consumer sentiment has collapsed.
Is stagflation ramping up?
(a thread) https://t.co/qI3aGSTqP1 tweet
Offshore
Photo
โ Investing visuals
$AMZN: Breakdown of their 5 main sources of revenue๐ https://t.co/Sc1LuzBDcX
tweet
$AMZN: Breakdown of their 5 main sources of revenue๐ https://t.co/Sc1LuzBDcX
tweet
Offshore
Photo
โ The Kobeissi Letter
BREAKING: The Philadelphia Fed Services index tumbled 19.4 points in March, to -32.5, the lowest since the 2020 pandemic.
Excluding 2020, this is the worst reading in 14 years.
The new orders index declined 18.2 points, to -19.5, the lowest since April 2023.
Prices paid jumped 12.6 points, to 36.0, the highest in ~18 months.
The worst part?
6-month outlook from services firms dropped a whopping 36.0 points, to -16.3, the second-lowest level on record.
To put this into perspective, the 2020 pandemic low was roughly -19.5 points.
Stagflation is here.
tweet
BREAKING: The Philadelphia Fed Services index tumbled 19.4 points in March, to -32.5, the lowest since the 2020 pandemic.
Excluding 2020, this is the worst reading in 14 years.
The new orders index declined 18.2 points, to -19.5, the lowest since April 2023.
Prices paid jumped 12.6 points, to 36.0, the highest in ~18 months.
The worst part?
6-month outlook from services firms dropped a whopping 36.0 points, to -16.3, the second-lowest level on record.
To put this into perspective, the 2020 pandemic low was roughly -19.5 points.
Stagflation is here.
tweet
Offshore
Photo
โ The Kobeissi Letter
BREAKING: The S&P 500 extends its decline to more than -2% on the day, erasing $1 trillion of market cap. https://t.co/yQAbQsrsqz
tweet
BREAKING: The S&P 500 extends its decline to more than -2% on the day, erasing $1 trillion of market cap. https://t.co/yQAbQsrsqz
tweet
Offshore
Photo
โ The Kobeissi Letter
BREAKING: Healthy Secretary Robert F Kennedy Jr. is pushing for a ban on soda being purchased with food stamps. https://t.co/qZMqatwLNH
tweet
BREAKING: Healthy Secretary Robert F Kennedy Jr. is pushing for a ban on soda being purchased with food stamps. https://t.co/qZMqatwLNH
tweet