Earnings are the Focus, Bar Low, Beats High, Tech on the Hot Seat – Try the Rib-Eye
Things you need to know - And the earnings train continues - Capitol Hill slams members of the Tech industry - Trump stirs up China trade And so it begins……..Welcome to earnings season….and expect that the focus for the next 3 weeks will be the micro data (individual company reports/guidance)…..and while we all expect the [...]
EU says it will investigate Amazon over possible anti-competitive business practices – CNBC
EU Commissioner for Competition Margrethe Vestager addresses a press conference on two state aid cases at the European Commission in Brussels on October 4, 2017. Emmanuel Dunand | AFP | Getty Images EU antitrust regulators will investigate Amazon to determine if the e-commerce giant's use of merchant data breaches competition rules, the European Commission said [...]
Elon Musk’s startup eyes human testing for brain-computer interface – Science Magazine
Neuralink is developing a system of ultrathin electrodes that thread into the brain to read from or stimulate neurons. Neuralink By Kelly ServickJul. 17, 2019 , 3:55 PM Elon Musk’s high-profile foray into connecting brains to computers, a 2-year-old company called Neuralink, detailed its ambitions and unveiled some initial results at a livestreamed event yesterday [...]
Elon Musk unveils Neuralink’s plans for brain-reading ‘threads’ – The Verge
Elon Musk’s Neuralink, the secretive company developing brain-machine interfaces, showed off some of the technology it has been developing to the public for the first time. The goal is to eventually begin implanting devices in paralyzed humans, allowing them to control phones or computers. The first big advance is flexible “threads,” which are less likely [...]
China Reports GDP Inline (No Surprise), Earnings Kickoff – Try the Pan Roasted Sea Bass
Things to know China GDP comes in as expected at 6.2% - no surprise Earnings season kicks off Iran is looking for a way to engage – Mikey says “No Deal” Oil holding steady at support as it readies to rally. Recession? What recession? The FED made it abundantly [...]
The Surge Continues as the FED Ignores Stronger Data – Try the Prosciutto Sorpresa
Things you need to know Powell re-states his commitment to CUT even in the face of stronger data Mkts celebrate as other central banks chime in Investors prepare for the coming earnings season And it was Jay Powell – Part 2 – and he didn’t disappoint again…..investors/traders/analysts and the [...]
Do Not Fight The FED (Or the ECB, Or the PBoC) Beware of Earnings – Try the Grilled Pizza
Thursday - July 11, 2019 Things you should know “Many FOMC participants saw that the case for a somewhat more accommodative monetary policy had strengthened” Period! Do NOT fight the FED (or other central banks) So In yesterday’s note I said that Jay Powell’s prepared statement – the [...]
Turkey bought Russian S-400 missiles designed to down NATO planes. For the US, that’s a problem – CNN
But the deal, worth about $2 billion and consummated this week, has consequences far beyond the cost to Ankara's defense budget. It calls into question the decades-long strategic relationship between Turkey and the US, and even Turkey's credentials as a NATO member. It probably nullifies a massive contract for Turkey to buy US F-35 combat [...]