Due to tensions in relations with the USA, Indian Prime Minister Modi will miss the UN General Assembly session in New York.
This was reported by Hindustani Times. Instead of the Prime Minister, India will be represented on September 27 by Foreign Minister Subrahmanyam Jaishankar.
The publication recalls that recently American tariffs against India were raised to 50%, which caused a sharp protest from Narendra Modi's government.
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This was reported by Hindustani Times. Instead of the Prime Minister, India will be represented on September 27 by Foreign Minister Subrahmanyam Jaishankar.
The publication recalls that recently American tariffs against India were raised to 50%, which caused a sharp protest from Narendra Modi's government.
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BREAKING: Households, mutual funds, pension funds, and foreign investors’ allocation to US equities is up to a record 55%.
This marks a 4 percentage point increase over the last 6 months.
By comparison, this percentage was ~51% at the peak of the 2000 Dot-Com Bubble.
As a result, investors now allocate just 13% of their financial assets to cash, near an all-time low.
Allocation to debt instruments, such as bonds, fell to 17%, the lowest since the 1980s.
Investors are all-in on US stocks.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
This marks a 4 percentage point increase over the last 6 months.
By comparison, this percentage was ~51% at the peak of the 2000 Dot-Com Bubble.
As a result, investors now allocate just 13% of their financial assets to cash, near an all-time low.
Allocation to debt instruments, such as bonds, fell to 17%, the lowest since the 1980s.
Investors are all-in on US stocks.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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I have a theory that men who want Sharia law are all closeted gays.
So you're telling me a straight man doesn't want to see a beautiful woman in traditional dress?
This is a traditional clothing of Pakistan and this is what Sharia law has done to it.
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So you're telling me a straight man doesn't want to see a beautiful woman in traditional dress?
This is a traditional clothing of Pakistan and this is what Sharia law has done to it.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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Gold miners are skyrocketing:
The gold miners ETF, $GDX, attracted $531 MILLION in net inflows in August, the most since November 2023.
Last week alone, investors bought $3.9 billion in gold-linked ETFs, marking the largest inflow since April.
Year-to-date, the largest gold miners ETF has rallied +95%, well above gold’s gain of +35%.
At the same time, Newmont Corp., $NEM, the only gold miner in the S&P 500 Index has skyrocketed +107%, marking the third-best performer in the index.
Gold miners are on fire.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
The gold miners ETF, $GDX, attracted $531 MILLION in net inflows in August, the most since November 2023.
Last week alone, investors bought $3.9 billion in gold-linked ETFs, marking the largest inflow since April.
Year-to-date, the largest gold miners ETF has rallied +95%, well above gold’s gain of +35%.
At the same time, Newmont Corp., $NEM, the only gold miner in the S&P 500 Index has skyrocketed +107%, marking the third-best performer in the index.
Gold miners are on fire.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶