Keep pulling the thread on United Kingdom.
Stock market leverage in Taiwan has increased to the point where many brokerages have hit their internal lending limits.
Since 1997, FINRA margin debt has risen by 50% or more year-over-year on four occasions: in 2000, 2007, 2021, and the current period.
On the same day memory producers like SanDisk, Western Digital, SK Hynix, and Samsung gained nearly $500 billion in market cap, tech giants Apple, Microsoft, Meta, Amazon, and Google lost a combined $500 billion.
According to a Nomura chart, the combined free cash flow of Amazon, Microsoft, Google, Meta, and Oracle is projected to fall to effectively zero over the next 12 months.
Micron's earnings estimates for January 2025 have increased by 1,400%.
Micron now projects that strong demand for its products will continue through the end of 2027, an extension from its previous forecast of year-end 2026.
Analysts expect earnings growth for the Magnificent Seven to be 19% in 2027, converging with the 15% growth expected for the S&P 493.
According to PNC, which tracks 4 million households, spending and balance sheet trends for lower-income households have been improving significantly in 2026.
According to Tax Policy Center estimates for 2025, 40% of U.S. households, equivalent to 76 million tax units, will pay no federal individual income tax.
The generative AI economy has generated $110 billion in sales over the past 12 months and has an annualized run rate exceeding $175 billion.
Taiwan's stock market is now the 5th largest in the world, surpassing the markets of India, Canada, and the United Kingdom.
Micron's stock has experienced daily price swings of 5% or more for the last seven consecutive trading sessions.