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PRESENTED BY MOBY: Global Liquidity Hits Record Highs of Nearly $175 Trillion

Global liquidity is on the rise. Last week, it slowly climbed $1.13 trillion, pushing the total to an unprecedented $174.67 trillion, marking a new all-time high. This influx of capital into the global financial system indicates an overall increase in access to capital across international markets and an approving nod for risk-on assets, including equities and high-yield bonds.

With more capital available, global markets could see some momentum in stock markets, especially in sectors sensitive to economic growth, which bodes well for the U.S. and global economies as increased liquidity can fuel economic expansion and boost investor confidence.

If global liquidity continues to rise, financial markets may strengthen further, with equities likely continuing their upward trajectory. A persistent increase in liquidity would likely lead to lower borrowing costs and stimulate economic activity, but it would also raise concerns about asset bubbles and financial stability.

Get the full insights into how global liquidity highs might affect the future portfolio management with Moby. {Click Here}

The pandemic is a line of demarcation in human history. There is a before and an after, and no going back to how things used to be.

Consumers were put into an economic coma for a few years, and when they woke up, they started behaving differently than they used to. More spending on travel and entertainment, just not at the box office.

Inflation-adjusted box office numbers had stagnated in the first two decades of the 21st century. But then the pandemic happened, and streamers and studios did everything possible to get movies to couch-viewers as soon as possible. And so people stopped going to the movies as much as they used to.

“I want to see that movie, but I can watch it in a few weeks for free” significantly damaged the box office. 2023 was a devastating 35% below 2019 box office sales.

People aren’t going to the movies like they once did, so the slices of the total pie have changed dramatically. From 2000 through 2019, the top 10 movies averaged 30% of the overall box office. In the nearly five years since that number has skyrocketed to 59%. Movies, like so many other industries, are becoming winners take most.

So far this year, the top ten have raked in 53% of the total box office, and not a single name on the list is a new original name. Inside Out 2, Deadpool & Wolverine, Despicable Me 4, etc.

They just don’t make em like they used to, and it doesn’t seem like they will anytime soon. Remember Judd Apatow? This guy wrote and directed The 40-Year-Old Virgin and Knocked Up, produced Bridesmaids, Step Brothers, Forgetting Sarah Marshall, and Superbad. Even he can’t get his movies made anymore.

I’m still having fun going to the movies and finding a great time outside the blockbusters; Longlegs, Civil War, Alien: Romulus, and Trap* were all worth the price of admission. They’re still making movies, just not like they used to. At least we have A24.

Thank you to my guys Sean Russo and Matt Cerminaro for getting after it with the charts.

*Trap sucked, but in the best way possible. I went with a friend, and we had a great time laughing at the absurdity.