Friday, July 29, 2022

Javier Blas: "Paris Faces an Even Colder, Darker Winter Than Berlin"

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From Bloomberg Opinion, July 29: France is more vulnerable than Germany to blackouts once the weather turns colder. In the European energy c...

"More than 3m UK households now live in fuel poverty as fears grow this number will double"

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Sounds serious. From CityAM, July 29: The chairwoman of the Committee on Fuel Poverty, Caroline Flint, said this morning close to 3.2m hous...
Thursday, July 28, 2022

"What’s in, and out, of Democrats’ $739 billion inflation-fighting package"

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Inflation Reduction Act. Great name but I don't think that's what got Senator Manchin on board. From MarketWatch July 27, 11:50pm ED...

"German inflation hits 8.5% as food prices jump"

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From the Financial Times, July 28: Surprise increase in eurozone’s largest economy adds to pressure on ECB to continue rate rises German in...

"Q2 GDP Does Not Confirm Economic Recession, But It Does Confirm A Corporate Profit Recession."

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From The Carson Report, July 28: The preliminary report on Q2 GDP does not confirm the US economy is in recession, but it does suggest that ...

"Are Ukrainian Farmers an Endangered Species?"

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Probably. There are a few things going on that point in that direction. First you have the country's total fertility rate at 1.4, only t...

Real gross domestic product (GDP) decreased at an annual rate of 0.9 percent In Q2

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Is this a recession? It depends on what the definition of "is" is From the Bureau of Economic Analysis, July 28: ...

Capital Markets: "Attention Turns to US GDP, Ahead of Tomorrow's EMU GDP and CPI"

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From Marc Chandler at Bannockburn Global Forex: Overview: The Federal Reserve delivered its second consecutive 75 bp rate hike, and Chair P...

Cardiff Garcia, Virginia Postrel on The Power of Glamour

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Two great names that go great together, links below. From the 'About' page: About Bazaar Audio Bazaar Audio is a podcast produc...
Wednesday, July 27, 2022

Do Not Involve Yourself In Internal Ukrainian Politics - You Really, Really Shouldn't

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Simple question, former Prime Minister, Vice-PM with the energy portfolio, simple question: good person? Here she is saying that Ukraine...

Roboticists discover alternative physics (and that's exactly the problem faced by the AI fund manager)

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First up, from PhysOrg, July 26: Energy, mass, velocity. These three variables make up Einstein's iconic equation E=MC 2 . But how did ...

"Boris Johnson tipped to become next secretary general of Nato"

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From The Telegraph, July 26: Ukrainian and Tory MPs support idea of PM being a possible candidate, though sceptics suggest he would likely ...

"Bitcoin Dumpster Guy Has a Wild Plan to Rescue Millions in Crypto From a Landfill"

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From Gizmodo: James Howells said he’ll use Boston Dynamics robotic dogs to scan for a drive containing a passcode to 8,000 bitcoin, worth ...

The Fed's Interest Rate Move: Analysts React

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As we did last month we will skip past the introductory remarks and go straight to the analysts. From ZeroHedge:  ....Peter Bookcvar, Bleakl...

"How costly is trust in the blockchain?"

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From Marginal Revolution, July 26:  Eric B. Budish has a new paper on this topic: Satoshi Nakamoto invented a new form of trust. This pape...

What Has Izabella Kaminska Been Doing?

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I mean besides speed reading, speed typing and speed tweeting. This is an impressive list of links. https://twitter.com/izakaminska

Sri Lanka As A Testing Ground For Some Of The WEF's Ideas

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Here's an interesting paragraph: "....Sri Lanka’s situation exposes the true cost of living and the cost of ownership. In a  perfo...

Capital Markets: "Fed Day"

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 From Marc to Market: Overview: Better US news from the likes of Google, Microsoft, and Texas Instruments has helped lift sentiment today a...
Tuesday, July 26, 2022

From The World Economic Forum.....

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There is a lot going on here and for now I will leave it to interested reader to do the higher level analysis. 3 circular economy approaches...

Sen. Warner: Chips bill needs to be on President Biden’s desk before Paul Pelosi's calls expire

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F ā ke ™ news ! F ā ke ™ news ! I don't know if Mr. Pelosi bought Nvidia common or derivatives. * F ā ke ™ news! And what the Senato...