BREAKING: The US stock market capitalization-to-GDP ratio has hit a record 208%.
Since the April low, this ratio has surged ~43 percentage points, officially surpassing the February high of 206%.
The ratio has also DOUBLED over the last 9 years.
By comparison, at the 2000 Dot-Com Bubble peak, this metric was at 142%, while the long-term average is ~85%.
We are witnessing history.
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Since the April low, this ratio has surged ~43 percentage points, officially surpassing the February high of 206%.
The ratio has also DOUBLED over the last 9 years.
By comparison, at the 2000 Dot-Com Bubble peak, this metric was at 142%, while the long-term average is ~85%.
We are witnessing history.
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82 years ago today, the Allies launched Operation Husky, a massive amphibious and airborne assault on the island of Sicily, marking the beginning of the Italian Campaign in World War II.
Led by General Dwight D. Eisenhower, the operation brought together American, British, and Canadian forces in one of the largest seaborne invasions of the war.
The Allies secured the island in just over a month. The success of Husky led to the fall of Mussolini’s regime and paved the way for the liberation of Italy.
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Led by General Dwight D. Eisenhower, the operation brought together American, British, and Canadian forces in one of the largest seaborne invasions of the war.
The Allies secured the island in just over a month. The success of Husky led to the fall of Mussolini’s regime and paved the way for the liberation of Italy.
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Media is too big
VIEW IN TELEGRAM
BREAKING: JFK AirTrain Disruptions as as Access Limited to ticketed airline passengers and Employees ID Amid Announced Pro-Palestine Protest
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Switzerland may cancel its $380 million drone deal with Israel’s Elbit Systems due to major technical failures and delays.
The Hermes 900 drones lack a working “Detect and Avoid” system, requiring helicopter escorts—defeating their autonomous purpose.
Key issues include:
Missed deadlines on auto-landing.
Inability to operate safely in Swiss airspace.
Full capabilities now delayed to 2029.
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The Hermes 900 drones lack a working “Detect and Avoid” system, requiring helicopter escorts—defeating their autonomous purpose.
Key issues include:
Missed deadlines on auto-landing.
Inability to operate safely in Swiss airspace.
Full capabilities now delayed to 2029.
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The orthodontist who founded “mewing,” John Mew, died at age 96 in his self-built castle in Sussex late last month
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