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Americans are cashing-in on the recent bull market:

The current value of stock investments for the US top-third income earners has hit a record ~$500,000.

This value has jumped by ~$260,000 over the last 3 years.

At the same time, middle-third earners have seen their investments rise ~$75,000, to a record $144,000.

Furthermore, the bottom-third has seen their investments rise by $29,000, to $52,000.

The top third now holds nearly 10 TIMES more stock than the bottom third.

This run has been truly history.
(@TheKobeissiLetter)



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Americans are cashing-in on the recent bull market:

The current value of stock investments for the US top-third income earners has hit a record ~$500,000.

This value has jumped by ~$260,000 over the last 3 years.

At the same time, middle-third earners have seen their investments rise ~$75,000, to a record $144,000.

Furthermore, the bottom-third has seen their investments rise by $29,000, to $52,000.

The top third now holds nearly 10 TIMES more stock than the bottom third.

This run has been truly history.
(@TheKobeissiLetter)

BY The Kobeissi Letter




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Markets continued to grapple with the economic and corporate earnings implications relating to the Russia-Ukraine conflict. “We have a ton of uncertainty right now,” said Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors. “We’re dealing with a war, we’re dealing with inflation. We don’t know what it means to earnings.” Stocks closed in the red Friday as investors weighed upbeat remarks from Russian President Vladimir Putin about diplomatic discussions with Ukraine against a weaker-than-expected print on U.S. consumer sentiment. "The argument from Telegram is, 'You should trust us because we tell you that we're trustworthy,'" Maréchal said. "It's really in the eye of the beholder whether that's something you want to buy into." Telegram has gained a reputation as the “secure” communications app in the post-Soviet states, but whenever you make choices about your digital security, it’s important to start by asking yourself, “What exactly am I securing? And who am I securing it from?” These questions should inform your decisions about whether you are using the right tool or platform for your digital security needs. Telegram is certainly not the most secure messaging app on the market right now. Its security model requires users to place a great deal of trust in Telegram’s ability to protect user data. For some users, this may be good enough for now. For others, it may be wiser to move to a different platform for certain kinds of high-risk communications. Recently, Durav wrote on his Telegram channel that users' right to privacy, in light of the war in Ukraine, is "sacred, now more than ever."
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