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📣 BlackRock CEO: "The social problems that one will have in substituting humans for machines is going to be far easier in those countries that have declining populations."
@Fin_Watch
@Fin_Watch
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🇺🇸 Up to 7% of U.S. Banks may be at risk of failure, warns Consulting firm Klaros Group
@Fin_Watch | link
@Fin_Watch | link
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⚡JUST IN : 🇺🇸 U.S. Seasonally Adjusted Nonfarm Jobs Rise by 175,000 in April; Unemployment Edges Up to 3.9%, Falling Short of Anticipated Gains.
@Fin_Watch
@Fin_Watch
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🇺🇸 US commercial and industrial lending has been declining for 7 months straight
In April, commercial and industrial loans at all commercial banks decreased by ~1% year-over-year after a 1.8% drop in March
@Fin_Watch
In April, commercial and industrial loans at all commercial banks decreased by ~1% year-over-year after a 1.8% drop in March
@Fin_Watch
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🇺🇸 Elon Musk says the dollar "will be worth nothing" if the US doesn't do something about its national debt
@Fin_Watch
@Fin_Watch
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📣 JPMorgan $JPM just unveiled IndexGPT
"a new range of thematic investment baskets created with the help of OpenAI’s GPT-4 model"
@Fin_Watch
"a new range of thematic investment baskets created with the help of OpenAI’s GPT-4 model"
@Fin_Watch
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🚨🚨🚨BRICS should be ready for Dollar Collapse 📉
The #BRICS group of nations could offer an alternative currency in the event of a collapse of the dollar, according to Russia’s 🇷🇺 executive director at the IMF, Alexey Mozhin.
@Fin_Watch
The #BRICS group of nations could offer an alternative currency in the event of a collapse of the dollar, according to Russia’s 🇷🇺 executive director at the IMF, Alexey Mozhin.
@Fin_Watch
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🇺🇸 Treasury Secretary Janet Yellen says the 🇯🇵 Bank of Japan should consult with her before intervening to support Japanese Yen
@Fin_Watch | link
@Fin_Watch | link
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📣 Warren Buffett accidentally calls Greg Abel “Charlie” at the annual $BRK shareholder meeting 💔
@Fin_Watch
@Fin_Watch
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📣 Berkshire Hathaway dumped roughly $20 billion worth of $AAPL shares in the first quarter, which amounted to roughly 13% of its total Apple position
@Fin_Watch | link
@Fin_Watch | link
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🇨🇳 China's real estate market is collapsing faster than in 2008📉
Sales dropped to ~75 million sqm per month from ~140 million in 2021, a decline of ~46% in 2 years.
Is China heading into a recession?
@Fin_Watch
Sales dropped to ~75 million sqm per month from ~140 million in 2021, a decline of ~46% in 2 years.
Is China heading into a recession?
@Fin_Watch
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🇺🇸 Warren Buffett’s Berkshire Hathaway $BRK.B paid more than $5 Billion in taxes last year
@Fin_Watch
@Fin_Watch
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1. EIA Short-Term Energy Outlook - Tuesday
2. 10-Year Note Auction - Wednesday
3. Initial Jobless Claims data - Thursday
4. MI Consumer Sentiment data - Friday
5. Total of 8 Fed speaker events this week
6. ~20% of S&P 500 companies report earnings
@Fin_Watch
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🇺🇸 More than 1 out of 5 Americans are skipping meals to afford monthly housing costs, according to a Redfin survey.
@Fin_Watch
@Fin_Watch
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🇮🇱 Israel bans Al Jazeera and has closed its offices in the country
Israel’s far-right government has voted to shut down Al Jazeera, the Qatari-funded satellite channel, and prevent it operating in the country, accusing it of being a “mouthpiece for Hamas” and a threat to national security.
@Fin_Watch | link
Israel’s far-right government has voted to shut down Al Jazeera, the Qatari-funded satellite channel, and prevent it operating in the country, accusing it of being a “mouthpiece for Hamas” and a threat to national security.
@Fin_Watch | link
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@Fin_Watch
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🚨🚨 Jack Dorsey steps down from Bluesky board and promotes new charity donation for open internet protocols on X.
@Fin_Watch
@Fin_Watch
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