Risk Is Subjective

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Rate Cuts Will Be Earlier And Faster

🇺🇸 🇺🇸 Economists at some of Wall Street’s biggest banks are now calling for the Federal Reserve to roll out interest-rate cuts earlier and faster next year. Goldman: “In light of the faster return to target, we now expect the FOMC to cut earlier and faster”

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UK: Range Rover Prices Tumble

🇬🇧 🇬🇧 Range Rover thefts in the UK have caused insurance premiums to skyrocket. As a result, the SUV’s resale value has been tumbling
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Global Warming: Banks Make Zero Progress

🔥🔥 The world’s largest banks are showing zero progress when it comes to making good on their promise to help the world avoid the worst consequences of global warming. According to researchers at BloombergNEF, the ratio of spending on low-carbon infrastructure relative to fossil fuels needs to reach 4 to 1 by 2030
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US: EV Inventories At Record High

🚘 🚘 Electric vehicle inventories on US dealer lots reached a new high in December. With a 114-day supply, the bloated inventory of EVs is up from a 53-day supply a year ago and compares to 71-days worth of inventory for the overall auto industry
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JPM: Credit Markets Face Repricing

🇺🇸 🇺🇸 Credit markets face a dramatic repricing in 2024 as higher capital costs slam lower-rated borrowers, according to JPMorgan Asset Management’s Oksana Aronov
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Hedge Funds Get Clobbered

🚨 🚨 Thursday 14 Dec: The most shorted stocks in the market soared 7 TIMES as much as the rest of the market, according to Zerohedge. Price action has moved in a straight-line higher for nearly 10 days now
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Biden Has A Problem With Gen Z

🇺🇸 🇺🇸 Biden is struggling to get credit from Gen Z voters for his efforts to wipe out student debt. That dissatisfaction comes as Trump leads across seven critical states, the latest Bloomberg News/Morning Consult poll shows
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Costco Nears Record High

🇺🇸 🇺🇸 Costco Nears Record High As Earnings Beat. Revenue: $57.80B (exp $57.71B)
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