US & world: The PEG ratio between the US and the rest of the world has re-set. -GS
The stock portfolios of America's richest are under performing:
U.S. inflation headache: beef. While everyone is rightly focused on gasoline and oil amid US-Iran war, the meat market isn’t giving a respite. Live cattle wholesale prices in Chicago have reached a new all-time high, surpassing last October’s peak.
Tanker Flows Through Strait Of Hormuz By Vessel Type
AI agents are skyrocketing in popularity: Perplexity’s revenue has reportedly surged +50% in one month after shifting into AI agents. As a result, Perplexity’s revenue has doubled in one quarter to more than $450 million in ARR. This follows Anthropic’s push into the space which said its ARR hit $19 billion at the end of February.
