Topley’s Top 10 – July 7, 2020

Author

Matt Topley
July 07, 2020

1. For the First Time in 11 Year Bull Run….S&P Gets Above the Range

S&P Above 1 Std. Deviation Expensive

2-3. Visual Capitalist–How Big Tech Makes Their Billions

4. S&P Hits High Valuation Mark with Dow Transports Still 1000 Points + Below Highs

Transports Still 1000 Points Below Highs

5. China Goes On 5 Day Rip Vs. S&P

FXI (china) +13% vs. SPY +4% 5 Days 

www.yahoo.com/finance

6. Personal financial wealth has soared over the past two decades

—nearly tripling on a global basis from $80.5 trillion at the end of 1999 to $226.4 trillion at the end of 2019.1 (See Exhibit 1.) That trajectory is even more impressive in light of the many economic disruptions that have occurred during this period.

7. The Global Bond Market is About to Meet Japan at Bottom

The World is Getting Closer to the Original QE/ZIRP country Japan

The Global Bond Market Is Turning Japanese, As All Long-Term Rates Plunge Towards Zero

8. Student Loan Holders Are Older Than You Think

James Walsh, JDBroadridge Financial Solutions, Inc.www.broadridgeadvisor.com

9. Corona Virus Riskiest Activity

10. $10M a Year Soccer Star Gives Good Answer On Cracked Phone

“Why would I want ten Ferraris, 20 diamond watches, or two planes? What will these objects do for me and for the world? I was hungry, and I had to work in the field; I survived hard times, played football barefooted, I did not have an education and many other things, but today with what I earn thanks to football, I can help my people. I built schools, a stadium, we provide clothes, shoes, food for people who are in extreme poverty. In addition, I give 70 euros per month to all people in a very poor region of Senegal which contributes to their family economy. I do not need to display luxury cars, luxury homes, trips and even planes. I prefer that my people receive a little of what life has given me”