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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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If you initiate a Secret Chat, however, then these communications are end-to-end encrypted and are tied to the device you are using. That means it’s less convenient to access them across multiple platforms, but you are at far less risk of snooping. Back in the day, Secret Chats received some praise from the EFF, but the fact that its standard system isn’t as secure earned it some criticism. If you’re looking for something that is considered more reliable by privacy advocates, then Signal is the EFF’s preferred platform, although that too is not without some caveats. Channels are not fully encrypted, end-to-end. All communications on a Telegram channel can be seen by anyone on the channel and are also visible to Telegram. Telegram may be asked by a government to hand over the communications from a channel. Telegram has a history of standing up to Russian government requests for data, but how comfortable you are relying on that history to predict future behavior is up to you. Because Telegram has this data, it may also be stolen by hackers or leaked by an internal employee. The picture was mixed overseas. Hong Kong’s Hang Seng Index fell 1.6%, under pressure from U.S. regulatory scrutiny on New York-listed Chinese companies. Stocks were more buoyant in Europe, where Frankfurt’s DAX surged 1.4%. "Like the bombing of the maternity ward in Mariupol," he said, "Even before it hits the news, you see the videos on the Telegram channels." Investors took profits on Friday while they could ahead of the weekend, explained Tom Essaye, founder of Sevens Report Research. Saturday and Sunday could easily bring unfortunate news on the war front—and traders would rather be able to sell any recent winnings at Friday’s earlier prices than wait for a potentially lower price at Monday’s open.
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