Independent thinking for complex markets and current events
China is addressing its debt problems, particularly at the local government level, where reliance on non-productive investments in property and unsustainable fiscal practices have led to financial challenges. 1/7According to a source cited by SCMP, the national financial work conference set to start today will primarily focus on resolving the country's "debt problems". The source …
Elon Musk said that Tesla “dug its own grave” with the Cybertruck, as he warned that it would take years for the company to ramp up production of the electric pickup. Speaking on Tesla’s Q3 earnings call on Wednesday, the Tesla CEO said that the Cybertruck’s unique design meant the company faces immense challenges in …
Yep this is one of the many metrics falling down in the labor market pic.twitter.com/fzMC6yWFGE — RecessionALERT (@RecessionAlert) October 12, 2023 Warning: The probability of a recession in 2024 is now over 60% This level has been seen only 2 times since 1960 Both times, it ended in severe economic downturns While the Fed still …
Amazing how an out of touch old man living behind a walled city can opine on how the rest of the world is supposed to live? MARSEILLE, France — MARSEILLE, France (AP) — Pope Francis challenged French President Emmanuel Macron and other European leaders to open their ports to people fleeing hardship and poverty, insisting …
by TonyLiberty Disney $DIS is facing a bunch of challenges that have caused its stock to plummet, and its market value to decline by over $200 Billion: 1) Declining Disney+ subscribers 2) Ongoing Hollywood strike 3) Fee dispute with the second-largest cable company Netflix $NFLX has seen a 50% surge in its shares this year …
“We require a fundamental reform of the global financial institutions so that they can be more agile and responsive to the challenges facing developing economies…” -President of South Africa Fundamental reform are strong words. pic.twitter.com/n6DhHBxkRA — Gold Telegraph ⚡ (@GoldTelegraph_) August 22, 2023
by bitkogan Alarming U.S Financial Stats of 2023: – Debt at record high – Interest expense on debt to reach record high– Credit card debt at record high – Average interest rate on credit cards at record high– Average monthly payment for new car at record high– Housing prices near… — Genevieve Roch-Decter, CFA (@GRDecter) August 9, 2023 WeWork …
by Dismal-Jellyfish Table 1 (PDF) | Table 2 (PDF) | Charts (PDF) Wut Mean?: Commercial and Industrial (C&I) Lending: Banks tightened standards for C&I loans to businesses of all sizes. All loan terms for C&I loans, like rate spreads, premiums on riskier loans, credit line costs, and many others, were tightened. Both large and other banks tightened C&I lending …
In the first half of 2023, 340 U.S. firms filed for bankruptcy, setting a new 13-year high, per CNBC: pic.twitter.com/O0LPgwa4VP — unusual_whales (@unusual_whales) July 29, 2023
The rise in continuing claims by 33,000 suggests increasing challenges for job seekers as job openings continue to drop. Trend continues to follow your typical rise in continuing claims after the 10 year / 3 month inverts. pic.twitter.com/xUlNwKmlo2 — Don Johnson (@DonMiami3) July 20, 2023 The initial jobless claim remains within the typical trend that …
via realinvestmentadvice: The current market speculation surrounding artificial intelligence (A.I.) has garnered everyone’s attention. You can’t turn on a television or pick up a newspaper without a mention of “artificial intelligence.” The “F.O.M.O.” (Fear Of Missing Out) in stocks associated with developing and implementing artificial intelligence is evident. The chart below shows the performance differential between the basket of the …
by BoatSurfer600 Microsoft ’s co-founder Bill Gates will be meeting Chinese President Xi Jinping on Friday, Reuters reported Wednesday citing two sources familiar with the matter. The meeting will be Xi’s first with a foreign CEO in recent years, the report said, as the Chinese leader stopped travelling overseas for almost three years after China …