The busiest air routes in the world are all domestic flights. Yet, the frequent flyer nation of the United States can’t hold the candle to the high demand for air travel in Asia. There, the busiest route has the capacity to transport more than three ti…
The past two days are a perfect example of free markets functioning normally.
Also, be careful what you wish for. Recessions are bullish. Because recessions are when the Fed loosens monetary policy.
Finally, as my hero Joe Granville used to…
Boeing’s latest quarterly results didn’t deliver the much-needed boost to the company’s bottom line. Despite beating expectations for revenue, a net loss of $425 million (while an improvement on recent quarters) was not enough to get the aircraft produ…
Mark Zuckerberg may be certain that the future of his company lies in the metaverse, but to the uninitiated/skeptics among us, it continues to look like a giant money pit. In the first three months of 2023, the company’s Reality Labs division, i.e. its…
Late yesterday, I pointed out the sport line convergence at 4050 on the ES, 24 hour S&P fuguetures. Of course it held. Now we’re back on our way up, in a new 5 day cycle up phase. As of 8 AM ET, they’ve hit resistance at 4082. If that’s cleared, ne…
We visualize the performance of ChatGPT in various professional and academic exams, highlighting the improvements of GPT-4 over GPT-3.5.
Forty six thousand percent. Forty six thousand percent. That’s how much you woulda, shoulda, coulda made if only you had bought the new baking soda stock in 1980.
Who knew?
What is today’s baking soda of tomorrow? More baking soda? That’s t…
For the 5 day period ended April 25, there were 73 charts with multiple buy signals as of the last two trading days of the…
As the situation at Credit Suisse turned from bad to worse in late March, resulting in its state-brokered takeover by rival UBS, the 167-year-old bank’s customers rushed for the exits, taking their money with them. According to the bank’s latest and po…
Last month, as news of Silicon Valley Bank’s imminent collapse spread like wildfire, so did the fear that other banks could fall like dominoes, resulting in a run on deposits, especially at smaller banks. In the week ended March 15 – SVB had collapsed …