— Wall Street Silver (@WallStreetSilv) March 6, 2024
❖ Redfin Reports Asking Rents Climb 2% in February, Biggest Gain in Over a Year
The Northeast and Midwest were the biggest gainers, with asking rents rising roughly 5% from a year earlier. Rents in the West and South were roughly flat.
Household net worth jumped by $4.8tn in 4Q 23 and is up a staggering $39.3tn (140% of GDP) since the pandemic. pic.twitter.com/ydDbwsCxs3
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) March 8, 2024
This is pretty mind blowing. The Fed just released its quarterly Flow of Funds report and household/NPO assets stand at $176.7 trillion (blue line), far exceeding their liabilities of $20.5 trillion (white line). America is truly a rich country pic.twitter.com/qLX2VgtOYa
Bitcoin ETF inflows have absolutely blown Gold’s out of the water. Not even close, utterly dwarfed, decimated. Thanks for playing, non-fixed supply boomer rock enjoyoors. pic.twitter.com/k9uLybGxoJ
First two months officially in the books (it’s felt like six) and the ten bitcoin ETFs now have over $55b in assets with exactly double that in volume at $110b. If these were the numbers at the end of year I’d call them a success. To do it in eight weeks is simply absurd. pic.twitter.com/8YvzQZdYyJ
INTERESTING: Grayscale launching $BTC, a mini-me low fee version of $GBTC which investors in GBTC will be able to get into w out tax hit (I believe) via a special dividend. @JSeyff called for this months ago in a note. No brainer in our opinion. Don’t know exact fee yet tho. https://t.co/rYn2Q1m3jC
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