Ubtober 📈 #Bitcoin    #FinancialMarkets #WallStreet #Nasdaq #DowJones S&P 500 #Russell #Nikkei #money #finance #investing

The US gov't debt machine is truly out of control. The US (lhs) runs a budget deficit that's more than twice as big as Canada, Euro zone, Japan & UK combined (rhs). More important, the US - unlike everyone else - funds all this with very short-term debt (red). What are we doing?

Turkey is in a humongous credit boom. This kind of pump-priming also happened before the May '23 election, ending in devaluation of Turkish Lira. That's also what will happen now. This kind of stimulus sucks in lots of imports and widens the trade deficit. Devaluation is coming.

This is Brazil's export machine: import fertilizer from Russia (green) and export soy beans to China (red). If the West wants Brazilian solidarity against Russia and China, there's a simple way: allow Brazil to export its incredible agricultural products to the EU and the US...

European Central Bank cuts interest rates for first time in 5 years Officials warns further reductions will depend on inflation easing. | FT

Deutsche Bank’s #wealth management arm is stepping up its recruitment efforts in the Middle East, a region that has become a magnet for the world’s ultra-rich | Bloomberg #money #finance

Chip fabrication is one of the most lucrative yet one of the most complicated industries in the world. #Chips are strategic products for powering the information-driven, modern day economy. Germany 🇩🇪 is supposed to be a strategic player.

Singapore 🇸🇬 and Malaysia 🇲🇾 Good move for two dynamic economies to boost business and trade in South Asia.

New markups paper alert! 👇👇👇👇 How do markups vary over time along the supply chain? To address this question, I'm very excited to share a new working paper from the HBS Pricing Lab, joint with Santiago Alvarez Blaser, Alex MacKay, and Paolo Mengano: papers.ssrn.com/sol3/papers.cf…

The longer you report on tech, the more you realize how often we get the future wrong. Predictions have a way of not coming true. The things that seem so clear now can shift and change, rearranging themselves into wholly new forms we never thought of. Mat Honan, MIT Tech Review

🚨 BREAKING: Michael Burry goes short on $PLTR and $NVDA in his latest 13F filing Scion Capital just bought put options on 1M Nvidia shares and 5M Palantir shares 👀 The Big Short is feeling bearish on AI

Every company listed below has suspicious revenue recognition. The actual chart with ALL the give-and-take deals would be unreadable. The future will regard this a picture of fraud, not a flywheel. True end demand is ridiculously small. Almost all customers are funded by their

One more. OpenAI is the linchpin here. Can anyone name their auditor?

- Israel said Saddam had weapons of mass destruction. - Israel said regime change in Iraq would have "positive reverberations" and they would "guarantee" it. - Israel said they had no interest in occupying Gaza - Israel said they don't target civilians - Israel said they didn't

Owing to my nauseating moral disgust, I made sure to never have any business to do with French journalists & entities who participated in covering up the Genocide, attacking protesting students, etc. Cleared up my mailbox. Moral disgust is real.

This is unprecedented. Where parent’s are worried they raised kids who are too moral!! Now, they wish they had raised them to blindly support a genocide as long as their people are doing it. Thank you to young Jews who are so much more decent than their parents. Love you guys!