Bybit has offered a 10% reward for helping to recover the stolen $1.5bn. The Recovery Bounty Programme aims to recover $1.5bn worth of stolen crypto assets. The company promises to modernise security and maintain trust in the crypto industry through collective efforts.

China's U.S. Treasury holdings drop to lowest level since the Global Financial Crisis

59% of all private-equity fundraising in 2024 went to the 6 largest managers (Apollo, Blackstone, Ares, KKR, Carlyle & Brookfield), up from 20% in 2019.

Kevin Gordon: Going back to 1997, the Global Economic Policy Uncertainty Index has only been higher than its current reading once: May 2020

Bloomberg calls it a momentum shift—US valuations are at a premium, and funds are rotating abroad. Is this the start of a broader shift, or just temporary rebalancing? What do you think?

TrendSpider: CEO of JP Morgan, Jamie Dimon, sold a whopping $233M in shares yesterday... This was his first sale in nearly an entire year.

The Kobeissi Letter: Warren Buffett's Berkshire Hathaway announced they now hold a record $334 BILLION in cash. To put this into perspective, between Q1 2024 and Q4 2024, their cash balance rose a massive $145.2 BILLION. What does Warren Buffett see here?

REPORTER: Would you direct agencies to study the impact tariffs would have on prices in the US? TRUMP: No. There's nothing to study. It's gonna go well.

This week marked another pivotal moment for the US dollar, which appears to be entering a critical phase of depreciation, revisiting levels not seen in over two years. (Credit to Otavio Costa)

Berkshire Hathaway Q4 operating earnings +71.3% Y/Y, cash hits record $334.20B

Europe and EM P/E were within a few figures of the S&P 500's in the early 2010s Now almost a 10-handle gap

The combined value of U.S. Real Estate now worth just under $50 Trillion

Trump: I'm hearing so much about eggs, figure something out fast. We inherited all of the problems. A few months down the road, we won’t be able to say it’s so much us. But the big things we can blame other people for

Ethereum falls as much as -6% after Bybit confirms that the exchange was hacked for $1.4 billion.

Rising inflation is particularly worrying for working-age families receiving benefits. Benefits will rise by 1.7% in April, below January’s 3% figure, and well below the expected 3.7% peak this summer. Annual benefit increases are based on inflation the previous September.

Robin Brooks: France is emerging as the problem child of Europe. A country that's deeply divided politically, debt that's only ever going up, and an economy that is increasingly struggling. France's services PMI for Feb. '25 just fell very sharply (blue) and is now far below Germany (black)...

German stocks have been among the world's hottest. The benchmark DAX index has been nearly unstoppable, rising more than 18% above its long-term 200-day moving average. The only other times in the past 20 years it has done this and hit a record high simultaneously were in 2007 and 2015.

France could raise its military spending from 2.1% to 5% of GDP. The French public broadcaster FranceInfo reports that Macron is considering the move in the event that U.S. troops start withdrawing from Europe.

Retail investors are buying US stocks at the fastest pace on RECORD. Mom-and-pop investors flows into technology stocks have more than DOUBLED in just a few weeks. Institutional investors selling to retail as they chase stocks at record valuations. Credit to Global Markets Investor

The Kobeissi Letter: Gold prices are now officially up +50% over the last 14 months and made ANOTHER all time high. In fact, gold's market cap just hit $20 TRILLION for the first time in history. Why are people still piling into gold?

Michael Saylor says "There is room for only 1 nation to buy 20% of the Bitcoin supply, and I think it will be the United States." All that's left to ask is - why? Though everyone has their own manic ideas.

Robin Brooks: People in Europe just don't work, especially in chronic high debt countries. Labor force participation for those 55-64 is only 62% in France, 60% in Italy and 58% in Greece. This number is 81% in Japan. You want joint EU debt issuance? Get your people back to work first...

Econovis: U.S. Imports from Combined Vietnam, South Korea, Taiwan, and Thailand Surpassed China in 2024 Since the start of the U.S.-China trade war in 2018, U.S. imports from China have declined by 18%, while imports from Vietnam, South Korea, Taiwan, and Thailand have surged by 123%.

Barchart: 89% of Fund Managers now believe U.S. Equities are overvalued That's the most since the Dot Com Bubble. Probably Fine?

Nigeria vs. Binance: $81.5 billion lawsuit for tax evasion and Naira destabilization Nigeria has filed a lawsuit against Binance, seeking $81.5 billion in compensation, including $2 billion for unpaid taxes and $79.5 billion for economic damages linked to the collapse of the naira.