Daily Charts - More companies conducting IPOs in America are foreign

1.Interesting trend...

More and more companies conducting IPOs in America are foreign… if you take that to the extreme, over time you would expect a greater proportion of US listed companies to actually be global/non-US companies.

The consensus is global is cheap vs US expensive, only one thing to do there if you want to max proceeds or min cost of capital

Kind of muddies the US vs global stocks allocation debate! 😅 🤔

$.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $.IXIC(.IXIC)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $.DJI(.DJI)$ $GLOBAL X DOW 30® COVERED CALL ETF(DJIA)$

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2.Credit spreads are at *rock bottom* 😲

What could go wrong? 🫤

(...what could go right??) 🤔

Things to ponder

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3.Hours of work required to buy an ounce of Gold $Gold - main 2502(GCmain)$ 🧐 👇

Gone from almost as little as a day of work to now about 2 weeks

What does that tell us

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