Independent thinking for complex markets and current events
Simon, a trader on Twitter, has been tracking the shifting winds in the market. The old-school bulls are adjusting their year-end targets downward, while inflation concerns refuse to fade. The new narrative? US assets are set to deflate as foreign capital retreats home. The market just endured a 10% correction, and now, after the fact, …
When it debuted a few years ago, Porsche’s Taycan broke records and shattered expectations of what an EV could be. Since then, though, times have changed, and public sentiment for EVs has cooled. Most recently, a perfect storm of variables has led to Porsche continuing to develop gas engines for many of its models and …
The operator of one of the world’s busiest seaports changed its entire landscape to handle its “precious cargo” of imported electric vehicles from China, including “constructing a dozen wind turbines on the quayside; on-site battery recharging options; quality control and a ruthless hunt for the slightest defect to deliver ready-to-use cars to customers.” Only to …
Textbook recession: 2 consecutive quarters of negative real GDP Textbook depression: 12 consecutive quarters (3yrs) of negative real GDP 🇺🇸 currently in 9th consecutive quarter of negative real GDP ⚠️ — CJK (@CJKonstantinos) August 29, 2024 31% of parents say they are unable to afford back-to-school shopping for their kids this year, per Credit Karma. …
“The growth rate in electric vehicles has slowed down,” said Döllner in an interview with the European magazine. While acknowledging the EV trend is still positive, he also talks about ‘flexibility’ in terms of what’s on sale as the calendar flips into the 2030’s and beyond. A slipping of the 2035 legislation which would see …