Unprecedented Soybean prices for this time of year.
(from Karen Braun @kannbwx )
Spend twenty minutes per week browsing Investment Tools and you will be better informed than most financial experts!
- Martin Luther King Jr
Investors wipe about $200
billion from Facebook's / Meta’s value (aka
the plague on humanity)
Reno, Nevada, hasn’t recorded a single drop of rain during the entire month of January, a record that goes back nearly 130 years. (Guardian)
Imagine taking a long, hot shower without wasting water and energy.
If Apple Inc. made a shower, it might look something like the Orbital.
In fact, stocks have risen at an average annualized rate of 9% during the 12 Fed rate hike cycles since the 1950s and delivered positive returns in 11 of those instances, according to Keith Lerner, Truist’s co-chief investment officer. The one exception was during the 1972-1974 period, which coincided with the 1973-1975 recession.
S&P
And a large military force, including Iskander short-range ballistic missiles, elite spetsnaz troops and anti-aircraft batteries, has arrived in Belarus from Russia’s eastern military district, an extraordinary deployment that western officials and analysts say could enable Moscow to threaten Kyiv, Ukraine’s capital.
Should we be entrusting private companies with a responsibility that would naturally fall on governments—such as verifying the identities of their own citizens? Just as we probably don’t want Amazon or Facebook controlling access to our tax records or a government lifeline when things go wrong, it isn’t clear we should want ID.me to be everywhere we want to be.
Tensions between Ukraine and Russia have led to the U.S. delivering 90 tons of military aid that arrived in Ukraine.
State Department orders families of U.S. embassy personnel in Ukraine to begin evacuating the country as soon as Monday.
Powerful evidence suggests that fishing fleets are deliberately dumping their used nets and lines at sea, threatening the complete collapse of marine ecosystems.
You may want to note that the China Containerized Freight Index is making new highs while The BDI Baltic Exchange Dry Index is making lows.
@nntaleb
View BTC is as a contagious disease. It will spread, spread
& its price will rally until saturation, that is ~every sucker stupid
enough to buy the story is invested. When all suckers are in, the prevailing
belief will make it an "obvious" investment. That's maximal
fragility.
Comment 1: Why BTC is worth exactly 0 Gold and other precious
metals are largely maintenance free, do not degrade over an historical horizon,
and do not require maintenance to refresh their physical properties over time.
Cryptocurrencies require a sustained amount of interest in them.
Let us go deeper into how a currency can come about.
No transaction between two persons is analytically pairwise
in an open economy. The root of the confusion lies in the
prevalent naïve-libertarian illusion that a transaction between
two consenting adults, when devoid of coercion, is effectively
just a transaction between two consenting adults and can
be isolated and discussed as such12. But one must consider
the ensemble of transactions and the interactions between
agents: people happen to engage in contractual agreements
with others; for them a specific transaction is just one piece.
To be able to regularly buy goods denominated in bitcoin
(whose prices fixed in bitcoin but floating in U.S.$ or some
other fiat currency), one must have an income that is fixed in
bitcoin. Such an income must come from somewhere, say, an
employer. For an employer to pay a salary fixed in bitcoin, she
or he must be getting revenues fixed in bitcoin. Furthermore,
for the vendor to offer a can of beer in fixed bitcoins, she or
he must be paying for the raw material, and have the overhead
fixed in bitcoin. The same applies to the mismatch of assets
and obligations on a balance sheet. All this requires a parity
in bitcoin-USD of low enough volatility to be tolerable and
for variations to remain inconsequential.
Green Hills Software CEO Dan O'Dowd took out a full page ad in Sunday’s New York Times calling TSLA's “Full Self-Driving” software “the worst software ever sold by a Fortune 500 company.
British troops sent to Ukraine: Soldiers and hi-tech weapons on way amid fears of Russian invasion | Daily Mail Online