by marketGOATS 1. Mark Zuckerberg, CEO of Meta Platforms “We thought that the economy and the business were going to go in a certain direction, and obviously it hasn’t turned out that way,” the boss of Facebook, Instagram, and WhatsApp’s …
UK food inflation has surged to 12.4 per cent and hit a new record high amid predictions of dampened Christmas cheer and an ‘increasingly bleak’ winter, according to new findings. Overall shop prices are now 7.4 per cent higher than …
UK government borrowing surged and retail sales slumped in September, official data showed Friday, dealing a further economic blow to a country in political crisis. Public sector net borrowing stood at £20 billion ($22 billion), the second-largest September level on …
More doom-mongering , this time from good old Sky News Australia
Future is bleak. Lmfao — Tatewari (@Tatewari8) July 1, 2022 🤡🌎 pic.twitter.com/snj5kd5qSY — Clown World Today (@cwt_news) July 1, 2022 https://twitter.com/burningplat/status/1543204725629272065
#UPDATE Amazon on Thursday posted its first quarterly loss since 2015, as it was dragged down by its investment in electric truck maker Rivian, and warned of continuing challenges in the months aheadhttps://t.co/Av8oGVsikb — AFP News Agency (@AFP) April 28, …
From Wolf Richter at Wolf Street: We just knew this would be coming, given the sky-high home prices and the spike in mortgage rates: Homebuyer sentiment deteriorated further to a new low. The percentage of people who said that now …
NOT PHOTOSHOPPED: This is an actual venue at the Chinese Communist Party Olympics. I'm surprised they didn't just build it in a Xinjiang labor camp. When Nazi Germany held the Olympics in 1936, the Holocaust had yet to begin in …
China’s financial condition weakened in October, pointing to a further deceleration in the world’s second-biggest economy amid the trade war with the United States. While Beijing has been pressing the country’s banks to boost lending to the “real economy”, newly …
Authored by Chris Hamilton via Econimica blog, Organic demand or population growth alone (absent surging debt) among the consumer base that consumes in excess of 90% of global oil, is collapsing. I have detailed this previously; The Most Important Economic Charts…Aren’t Economic Charts , Trade Wars Just Beginning…The War Is …
It’s no secret The Democratic Party has a tendency to cozy up to socialists, but how far left have they really become? To find out, Ami Horowitz took to the streets of New York to debut America’s most exciting (and …
by Simon Black There are lots of famous investors and hedge fund managers who are legendary stock-pickers. Warren Buffet is a great example. Others are hard-core quantitative analysts who build complex trading algorithms. Ray Dalio, the billionaire founder of Bridgewater Associates, …