Reacting to the new UK car registration figures from SMMT back in March, Chief Executive Mike Hawes said: “The past year has been the toughest in modern history and the automotive sector has, like many others, been hit hard.”Despite the clear crisis th…
I am in Szczecin. The ES S&P fugutures are in Never Never Land, on the way to Dante’s Inferno. Where we were earlier, in the pre market was up. Where we are at the open is about even.
Where we are going according to the 5 day cycle projection…
IBM in November unveiled a quantum processor of 127 qubits, or quantum bits, while startup QuEra, created by MIT and Harvard, announced an even more powerful machine of 256 qubits. This quantum leap for quantum computing far exceeded the power of previ…
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
“Sometimes I wonder if the world is being run by smart people who are putting us on or by imbeciles who really mean it” – Laurence Peter After months and months of […]
But alas, humans do not possess god-like powers, they only possess hubris, and so all bubbles pop: the more extreme the bubble, the more devastating the pop.
The Turkish lira had dropped off yet another cliff, reaching a new record low exchange rate and losing a quarter of its value opposite the U.S. dollar only since Nov 15. In the past three months. One lira was only worth 8 cents as of Dec 1 market open….
In what can be seen as another step towards stricter regulation of the business practices of tech giants, the UK’s Company and Market Authority (CMA) ruled that Meta’s acquisition of Giphy for $400 million be unwound due to concerns over competition re…
Biodiversity decline is a real problem around the globe. While for European audiences, the word normally conjures up images of rare orchids or reptiles in the world’s rain forests, there is also biodiversity loss that hits a lot closer to home with a s…
The ES S&P 500 fugutures made a new low yesterday, but it was not confirmed by lower lows in hourly oscillators. Now, here we are, off to the races again, overnight and in the pre market his morning. The 5 day cycle projection is 4675-80.
At t…