Snapshots That Wow!
From Trash to Treasure
India’s recycled polyethylene terephthalate (rPET) industry has grown at a CAGR of 19.5% from 2017 to 2023, driven by high PET bottle collection rates and rising demand for sustainable materials. With regulatory push and increasing adoption in textiles and packaging, the industry is projected to expand at 35.8% CAGR in the next five years.
Source: Ganesha Ecosphere Ltd Annual Report 2024
Fine Dining with Ronald
How is inflation in the US 3-4% if McDonald’s on an average has seen prices double in the past 5 years?
Also 350/- for fries? Might as well be a fancy restaurant in Kala Ghoda with those prices.
Source: CLSA
A correction we were all hoping for but didn't quite anticipate
S&P 500 lost $5.4 TRILLION of market cap over the last 2 days.
This is in-line with levels seen in March 2020 when the global economy went into a lockdown.
Source: Kobeissi Letter
A correction we can be happy about
Over 2 days, Brent is down ~$10.7 a barrel.
It's the 8th largest 2-day absolute price movement ever. Only 2020 (covid-19 and Saudi price war); 2022 (Russia-Ukraine), 2008 (financial crisis) and 1991 (Gulf War) have seen larger down moves.
Source: Bloomberg
Google elsewhere for more effective SEO?
Even with 13 billion searches a day, they control only 27% of the search market share.
People genuinely use multiple platforms to perform a search. Just like people use multiple social media platforms.
Source: Pew Research
Softbank with some Hard slides!
Source: Mayoshi Son’s Presentation