Global Markets Investor
MSc in Investment Analysis, UK. Former Equity Research Analyst, worked remotely for Wall Street for nearly 3 years. Almost 10 years of experience in financial markets. CFA Level II Passed. MOVED TO https://globalmarketsinvestor.beehiiv.com/
⚠️Vehicle seizures in the US are SKYROCKETING:
Car repossessions hit 1.73 MILLION in 2024, the highest since 1.77 million in the Financial Crisis.
Repossession means a lender takes back a vehicle from a borrower who has DEFAULTED on their loan payments.👇
⚠The S&P 500 dropped in 5 out of the last 6 weeks.
US stocks are on track for the WORST quarter since Q3 2022 spurred by tariff and stagflation fears.
Gold is outperforming.
Performance this week:
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🚨S&P 500 is down 5% year-to-date.
Nasdaq is down 10%.
NVIDIA is down 18%.
It has been a hell of a quarter but the year is just starting.
Who would have thought...
