Source: Seeking Alpha Tesla sold 75% of its Bitcoin (BTC-USD) stake to maximize liquidity given the COVID situation in China, though Musk related that it shouldn’t be taken as “some verdict on crypto.” Total sales of the cryptocurrency amounted to $936M, prompting Bitcoin to retreat below $24K following a big rally earlier in the week. […]
Tesla Financial Gymnastics Read More »
WEEK IN REVIEW UK Inflation Source: Trading Economics The annual inflation rate in the UK increased to 9.4% in June of 2022 which is the highest rate since 1982 and slightly above market forecasts of 9.3%. The biggest price pressure came from the cost of motor fuels which increased at a record
Week in Review: 18-22 July 2022 Read More »
Finance is full of jargon. The European Central Bank meeting today was full of them. So here are a few need-to-know terms for any newbies. Source: AMPLIYME TPI (Transmission Protection Instrument). Fresh out the toolbox today! Aimed at limiting divergence in borrowing costs between the bloc’s strongest and weakest countries. Think Germany against Italy.
European Central Bank (ECB) Tools and Mechanisms – Acronyms Read More »
Video: U.S. Dollar’s Rise: ‘Something Crazy’ Will Roil Markets in Next 90 Days Warns E.B. Tucker Channel: Stansberry Research Synopsis: “You need to be protecting your liquidity, everything you need is going up in price,” asserts E.B. Tucker, bestselling author of “Why Gold, Why Now?” and renowned gold expert. He tells our Daniela Cambone
Video: Credit Suisse: What’s Next for the Crisis-hit Bank? Channel: Financial Times Synopsis: Credit Suisse has been unsettled by a number of setbacks, including billion-dollar entanglements with bankrupt lenders and hedge funds, large legal settlements and management upheaval. The Credit Suisse story is about how finance went wrong at one of Switzerland’s most important
Credit Suisse: What’s Next for the Crisis-hit Bank? Read More »
Remember the financial crisis of 2007-2008? In the special four-hour investigation, Money, Power and Wall Street, FRONTLINE tells the inside story of the struggles to rescue and repair a shattered economy, exploring key decisions, missed opportunities, and the unprecedented and uneasy partnership between government leaders and titans of finance that affects the fortunes of millions
Money, Power and Wall Street – Documentary Series Read More »
Everybody knows Tesla as one of the top electric vehicle automakers in the market today. Furthermore, the company seems financially healthy and profitable: Chart Source: Investing.com However, what does the future reserve in terms of auto market and stock value? Other automakers are entering the market and will force prices down, reducing Tesla’s
The Future of Tesla Read More »
WEEK IN REVIEW US Inflation Source: Trading Economics The annual inflation rate in the US accelerated to 9.1% in June of 2022, the highest since November of 1981, from 8.6% in May and above market forecasts of 8.8%. Energy prices rose 41.6%, the most since April 1980, boosted by gasoline (59.9%, the
Week in Review: 11-15 July 2022 Read More »
Peter Schiff and Tucker Carlson Were Right on Inflation In the spring of 2021, as the Fed insisted that inflation was transitory, Peter Schiff was warning that inflation was here to stay and that it would get much worse (FOX NEWS interview). Going forward to November 2021, Powell admits that the Fed was wrong
Inflation and Monetary Policy – Peter Schiff and Tucker Carlson Were Right on Inflation Read More »
Hello and Welcome. This is the first blog post of JKO Radio News (the previous, blogger-based website/blog, had the domain jkonews.com), which aims to publish updated information about economics, politics and investments on a weekly basis. The internet allows access to a wealth of information. However, information without curation and without individual education is useless
The Beginning (originally published on jkonews.com) Read More »
