Sharp Decline in US Building Permits – April 2025
Preliminary data shows that the number of building permits in the U.S. dropped by 4.7% in April 2025 to an annualized rate of 1.412 million units. This is the lowest level in 11 months and below market expectations of 1.45...
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Jim Chanos: Shorting MicroStrategy, Buying Bitcoin
Famed investor and Chanos & Co. founder Jim Chanos has revealed a bold long/short trading strategy:🔻 Shorting MicroStrategy stock (MSTR)🔺 Going long on Bitcoin Speaking with CNBC at the Sohn Investment Conference in New York, Chanos criticized companies like MicroStrategy...
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Japan’s Economy Contracts in Q1 2025
According to preliminary data, Japan’s Gross Domestic Product (GDP) shrank by 0.2% in Q1 2025, worse than the market expectation of a 0.1% contraction. Japan’s economy contracts for the first time since Q1 2024. On an annualized basis, GDP dropped...
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UK Economy Grows 0.2% in March 2025
The United Kingdom’s Gross Domestic Product (GDP) grew by 0.2% in March 2025 compared to the previous month, slightly exceeding market expectations (0.0%). Although slower than February’s 0.5% growth, this increase reflects a measure of economic resilience ahead of impending...
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Ukraine Moves Toward Creating a National Bitcoin Reserve
Ukraine is on the verge of becoming the first European nation to establish a strategic national Bitcoin reserve, supported by global cryptocurrency exchange Binance. According to local media reports, the country is finalizing a draft law aimed at recognizing Bitcoin...
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