5x Leverage Is Too Much Says The SEC
Wall Streetโs financial engineers thought they had found yet another way to turn financial markets into casinos. The gimmick this time is with 3x, 4x, and even 5x leveraged ETFs tied to individual stocks and cryptocurrencies. The SEC just ruled […]
Natural Gas Prices: Weather, Data Centers And LNG
As we share below, courtesy of FinViz, natural gas prices have risen by over 50% since late October. Moreover, natural gas prices, approaching $5, are at three-year highs. The primary cause of the recent price surge is increased heating demand […]
Black Friday Sales Results
Based solely on Black Friday sales data, the holiday shopping season may be decent despite poor consumer sentiment. According to Adobe Analytics, which draws data from over one trillion retail site visits, Black Friday online sales hit a record $11.8 […]
Overheating Financial Markets Highlight Data Centers Handicap
The Chicago Mercantile Exchange (CME) trading platforms were shut down for approximately 4 hours due to overheating after its cooling system at its Illinois data center failed. The outage began around 10:00 p.m. ET on November 27, halting about 90% […]
HSBC Casts Doubt On OpenAI’s Future
Per the Financial Times (LINK), HSBC has serious doubts about OpenAI’s financial wherewithal. The following bullet points outline HSBC’s assumptions, which highlight the challenging financial path OpenAI faces. The graphic below from the article shows that HSBC expects OpenAI to […]
The K Shaped Economy In One Graph
Tuesday’s weak Consumer Confidence report was a good reminder of why some economists are calling our economy the K shaped economy. The Conference Board Consumer Confidence Index fell 6.8 points to 88.7 in November, below expectations of 93. Moreover, it […]
TPUs Or GPUs: Is Nvidia’s Moat Eroding?
Markets have priced Nvidia as the clear winner in AI chip production. To some, its moat appears impenetrable. Google’s developments suggest there may be some competition. Google has been training and serving its AI platform with in-house tensor processing units […]
Ray Dalio Says Sell: But Not Yet
Ray Dalio is considered by many investment professionals to be a market maven. This is because of the wild success of his hedge fund, Bridgewater, with assets under management of $136 billion, as well as several best-selling economics/finance books he […]
Permanent Job Losers: A Worrying Facet Of Today’s Economy
Given the two-month delay, Thursday’s BLS employment report on September labor market conditions was not nearly as pertinent as the BLS data typically is. Despite it being old news, it is worth sharing that the number of jobs increased by […]