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Warren Buffett’s Favorite Valuation Metric Is Ringing an Alarm

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  Warren Buffett's favorite valuation metric is ringing an alarm. With US equity indexes rising to fresh records again this week, one of Warren Buffett’s most-famous catchphrases comes to mind: Investors should “be fearful when others are greedy."     https://www.bloomberg.com/news/articles/2021-02-12/warren-buffett-s-favorite-valuation-metric-is-ringing-an-alarm?sref=R17xFhjo      

WORLD TOTAL STOCK MARKET CAP - 126% OF GLOBAL GDP

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Stock markets have topped the next mark!  Global equities now worth >$110TRILLION - and so we -, the highest value in human history, and equal to 126% of global GDP.      

Greek sovereign rating history

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WORLD TOTAL STOCK MARKET CAP

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  Global stocks on the way to a new record level. Pretty soon all shares could be worth $100tn, equal to 111% of global GDP.    

HELLENIC TELECOMMUNICATION ORGANIZATION SA (HTO - OTE ISIN GRS260333000)

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Χορήγηση Άδειας Διεξαγωγής Τυχερών Παιγνίων μέσω Διαδικτύου - (Focus στον ΟΤΕ)

  Σύμφωνα με τις διατάξεις του ν.4002/2011 (Α 180), ιδία δε τις διατάξεις του άρθρου 45 αυτού, και τις διατάξεις των Κανονισμών Παιγνίων που θεσπίστηκαν για τη ρύθμιση της Διοργάνωσης και Διεξαγωγής Τυχερών Παιγνίων μέσω Διαδικτύου, ιδία δε τις με αριθμό 79305 ΕΞ 2020/23.07.2020 (Β 3262), 79835 ΕΞ 2020/24.07.2020 (Β 3265) και 79841 ΕΞ 2020/24.07.2020 (Β 3266) αποφάσεις του Υπουργού Οικονομικών, τα νομικά πρόσωπα που επιθυμούν τη χορήγηση Άδειας Διοργάνωσης και Διεξαγωγής Τυχερών Παιγνίων μέσω Διαδικτύου δύνανται να αιτηθούν αυτήν από την Ε.Ε.Ε.Π.. Για τη διεξαγωγή τυχερών παιγνίων μέσω διαδικτύου προβλέπονται αποκλειστικά δύο τύποι αδειών: άδεια για διεξαγωγή Διαδικτυακού Στοιχήματος, του δευτέρου εδαφίου της περίπτωσης γ' του άρθρου 25 του ν.4002/2011 (Α 180), και άδεια Λοιπών Διαδικτυακών Παιγνίων της περίπτωσης κβ' του άρθρου 25 του ν.4002/2011 (Α 180). Σε κάθε υποψήφιο κάτοχο δύναται να χορηγηθούν και οι δύο τύποι αδειών. Οι άδειες είναι προσωποπαγείς και δεν επι...

Market Cap of FANGMAN

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    Technology is eating the world. The combined market cap of FANGMAN (Facebook, Apple, Netflix, Google, Microsoft, Amazon, Nvidia) has hit fresh ATH at $8.4tn, almost equal to the combined GDP of the world's #3 Japan and #4 Germany .

Baillie Gifford Reduces Tesla Stake to Below 5%

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    Tesla Inc.'s long-term top external investor, U.K. fund manager Baillie Gifford & Co., said Wednesday that its stake in the electric-vehicle maker dropped to below 5% at the end of August but it intends to remain a long-term shareholder. The Edinburgh-based investment company said the recent rise in Tesla's share price meant it needed to reduce its holding due to guidelines which restrict the weight of a single stock in client portfolios. "However, we intend to remain significant shareholders for many years ahead. We remain very optimistic about the future of the company," James Anderson, co-manager of Baillie Gifford's flagship Scottish Mortgage Investment Trust PLC, said. "Tesla no longer faces any difficulty in raising capital at scale from outside sources but should there be serious setbacks in the share price, we would welcome the opportunity to once again increase our shareholding," he said. A regulatory filing...

Europe higher premarket on earnings reports

/30/20] 09:11:00 Major European stocks trader higher in the premarket on Thursday amid the earnings reports that are being released today. Airbus, ArcelorMittal, Nestle, and Credit Suisse have already revealed their statistics for the second quarter of the fiscal year, while companies such as AstraZeneca, Kraft Heinz, and Shell are expected to do so later in the day. The DAX went up by 0.13% at 8:10 am CET, while at the same time, the FTSE 100 rose by 0.42% and the CAC 40 gained 0.31%. The euro lost 0.25% to the dollar to sell for $1.17618 at 7:32 am CET. The pound sterling declined by 0.28% to the greenback, with the exchange rate of 1.29617 at 7:33 am CET.

DAX

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Germany's Dax has joined the club of indices (Nasdaq, China, Sweden), which trades in positive territory in 2020

BREAKING! The #DAX Index turns positive for the year.

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Coronacrises over? Germany’s Dax Index set to erase 2020 losses

Italy

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Good morning from Italy , a stock market developing country. Although Italy is still the 8th largest econ in the world, all Italian shares combined are worth just $602bn. That's less than the mkt cap of Facebook ($690bn), and only about a third of Apple's mkt cap of $1.7tn.

PPC +6,19%

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Nutella purchasing power parity

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Italian Euro is 30% overvalued vs German Euro when measured by Nutella purchasing power parity (Price for almost homogeneous product Nutella): The 750g jar costs about €7.50 per kg in Italy vs €5.20/kg in Germany. So prices have to fall in Italy!

BoJ balance sheet 120% of Japan's GDP

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Biggest experiment in monetary history: BoJ balance sheet on course to 120% of #Japan 's GDP. The question is where the tipping point lies at which confidence in the central bankers tips over.

Visualizing the Size of Amazon, the World’s Most Valuable Retailer

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The world’s money and markets, from the smallest to the biggest

Derivatives top the list, estimated at $1 quadrillion or more in notional value according to a variety of unofficial sources. Category Value ($ Billions, USD) Source Silver $44 World Silver Survey 2019 Cryptocurrencies $244 CoinMarketCap Global Military Spending $1,782 World Bank U.S. Federal Deficit (FY 2020) $3,800 U.S. CBO (Projected, as of April 2020) Coins & Bank Notes $6,662 BIS Fed's Balance Sheet $7,037 U.S. Federal Reserve The World's Billionaires $8,000 Forbes Gold $10,891 World Gold Council (2020) The Fortune 500 $22,600 Fortune 500 (2019 list) Stock Markets $89,475 WFE (April 2020) Narrow Money Supply $35,183 CIA Factbook Broad Money Supply $95,698 CIA Factbook Global Debt $252,600 IIF Debt Monitor Global Real Estate $280,600 Savills Global Research (2018 est.) Global Wealth $360,603 Credit Suisse Derivatives (Market Value) $11,600 BIS (Dec 2019) Derivatives (Notional Value) $558,500 BIS ...

European Commission Forecast: GDP by Country

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FTSE - LEVELS as of 3/7/20

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RESISTANCE LEVEL 1 - UPSIDE 15,42%

ACTIVITY 3 JULY 2020

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Indices Closing Prices      Stocks Closing Prices 3/7/2020   Symbol Date Price Change % Volume Max Min Trade Value Trades Opening ISIN AAAK 03/07/2020 1.8 0 600 1.8 1.8 1080 2 1.8 GRS059063008     AAAP 03/07/2020 1.1 -19.1176 821 1.1 1.1 903.1 3 1.1 GRS059064006     ADMIE 03/07/2020 2.35 -1.6736 119560 2.39 2.325 281337.96 228 2.39 GRS518003009     AEGEK 03/07/2020 0.035 0 0 0 0 0 0 0 GRS182003004     AEGN 03/07/2020 4.075 -1.3317 14446 4.13 4.06 58930.59 74 4.095 GRS495003006     AGRI 03/07/2020 0.014 0 0 0 0 0 0 0 GRS480003003     AKRIT 03/07/2020 0.4 0 10 0.32 0.3...