Friday’s low on the ES was a fraction higher than Tuesday’s, but as of 5 AM in New York, they hadn’t cleared Fridays high, and there’s been a slight downtick from the test an hour ago. Hourly indicators are still bullish…
According to a recently published report by CB Insight, Grab is the highest-funded fintech startup (currently private, up-and-coming company) in the world. The Singaporean business is also a ride hailing and food delivery provider, partly explaining wh…
Watch the new wave developing in days ahead…
The June selloff was 265 points high to low. So far, the current selloff has hit 278. Bigger? Nope, not in percentage terms. This one is -7.7%. That one was -8.2%. So, we can still say that this time isn’t different.
Yet. But there’s smoke. Plenty of it.
The pandemic is not going away. We are months before the start of the ‘normal’ flu season in the Northern Hemisphere, when temperatur
Europe has now entered a full-fledged second wave of contagion. US is getting worse slower.
An interesting research from McKinsey on a range of COVID19 pandemic impacts across a broader range of industries — from traditional to advanced (advanced industries group includes automotive, aerospace, advanced electronics, and machinery playe…
I have for years fretted China might resort to military conflict to divert attention from its failings in managing its domestic economic and financial systems.
There is no oil in the CPI’s consumer basket, yet oil prices largely determine the rate by which overall consumer prices are increasing (or not). WTI sets the baseline which then becomes the price of motor fuel (gasoline) becoming the energy segment. As energy goes, so do headline CPI measurements. And that’s a huge problem…if […]
Global investment in renewable energy has almost doubled in the past decade. During this time, Europe lost its position as a top investor in renewables, being overtaken by China and the United States. According to a publication by Bloomberg New Energy …