By Matthew Gutierrez and Shawn O’Malley
The S&P 500 is sitting pretty, above 5,000 for the first time. That’s after a ~20% rally since October 🥂
It’s been quite the run-up to 5k, with stocks now up 14 of the past 15 weeks — something that hasn’t happened since 1972.
“This is the year of the bucking bull,” noted one investment strategist.
— Matthew & Shawn
Here’s today’s rundown:
Today, we'll discuss the three biggest stories in markets:
Sam Altman’s big plans to raise $7 trillion
Super Bowl economics
Behind Japan’s booming stock market
All this, and more, in just 5 minutes to read.
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POP QUIZ
The popular Japanese video game maker, Nintendo, saw its stock rally after reporting strong earnings this week, boosted by sales of Super Mario. How many units of the game has it sold since October? (The answer is at the bottom of this newsletter!)
Chart of the Day
