Main street vs Wall street

In order to get elected, Barack Obama will start a war with Iran.

Pensaron que imprimir dinero era gratis… los VCs se volvieron locos y crearon “unicornios”, la gente compró casas (2/3 de hipotecas generadas en 2021) y se pusieron a gastar con credito… todo empieza a lucir diferente ahora. #debtcycle

20 banks that are sitting on huge potential securities losses—as was SVB marketwatch.com/story/20-banks…

"The Uncontrolled Acceleration of AI: Can We Keep Up with LLMs Taking Over White-Collar Jobs?" The rapid advancements in AI technology and its increasing visibility have caused concerns about its safety and control. Additionally, w…lnkd.in/gXn9_DRk lnkd.in/g6cfm63v

The arrival of digital-payment platforms promises to create new kings of the highly lucrative global payments system. But the old bank/card model has adapted better to digitisation than many expected econ.st/45zzsM7

Los cinco países que más remesas recibieron en 2022 fueron 🇮🇳 India (USD 111 000 millones) 🇲🇽 México (USD 61 000 millones) 🇨🇳 China (USD 51 000 millones) 🇵🇭 Filipinas (USD 38 000 millones) 🇵🇰 Pakistán (USD 30 000 millones) Más datos en el informe del Banco Mundial y KNOMAD

Sizing up the $2.1T market for crude oil every year

The American middle class has been steadily shrinking since the 1970s, according to a Pew Research Center study. Full video: cnb.cx/3GBbxOz

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The venture capitalists need to create a robust agenda for 2030, particularly focusing on climate change and sustainable water supply

Huge statement from Apollo this morning: "The current AI bubble is bigger than the 1990s tech bubble." Apollo basically just said that the Dot-com bubble was just a preview of what we are in right now. They note that the Forward P/E ratio for the top 10 tech stocks right now

US consumers have added $3.4 trillion in debt since 2020 bringing the total to a record $17.7 trillion. Credit card debt alone is up by ~$400 billion during this period and reached a record of $1.3 trillion in Q1 2024. This is a 2x faster pace than in the 4-year run up to the

There is very little to suggest that the China’s scientific behemoth will not continue growing stronger. A radical reshaping of science in the country has been achieved by focusing on three areas: econ.st/4cngevQ

Markets across the globe have been shaken up by weakening economies, central bank decisions and a slump in high-flying tech shares. on.ft.com/3yptqSw

🚨In the last 72 hours: 1. S&P 500: Down 8%, wiping out $4 trillion in market cap 2. NASDAQ: Down 12%, officially in correction territory 3. Mag 7: Lost $995 billion at the open, partially recovered 4. FED: 60% chance of emergency rate cut next week 5. Volatility

Breaking news: The Federal Reserve chair has given the strongest signal yet that borrowing costs will soon fall in his hotly anticipated speech in Jackson Hole, Wyoming. on.ft.com/4dYyQmF