LG Goes Into AI

🇰🇷 🇰🇷 LG Technology Ventures, LG Group’s corporate venture capital arm, has created a 400 billion won ($309 million) fund to continue backing global startups in the fields of artificial intelligence, batteries and mobility
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Shipping Sector Braces For Slowdown

🚢 🚢 The outlook for the shipping sector has darkened considerably in recent months, with some of the largest container lines including A.P. Moller-Maersk A/S, Hapag-Lloyd and CMA CGM publishing significant slumps in third-quarter earnings and outlining plans for cost cutting. Some have said they fear the decline will last through 2024
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Seoul’s Office Market Is Booming

🇰🇷 🇰🇷 Seoul’s office market is every landlord’s dream: More than 98% of grade-A offices are occupied, with rents surging 15% from last year
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Traders Switch Out Of Bonds Into Stocks

🇺🇸 🇺🇸 Traders Are Switching From US Bonds To Stocks. This week $1 Billion left Treasury bond funds and $24 billion entered the stock market

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100% Mo Hikes In Dec And Jan

🇺🇸 🇺🇸 BREAKING: Interest rate futures now show a 100% chance of no rate hikes OR cuts in December or January
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Sam Altman May Be Reinstated

🚨 🚨 BREAKING: OpenAI board is reportedly in discussions with Sam Altman to bring him back as CEO. Less than 24 hours ago, he was fired on a surprise Google Meets call
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Moody’s Ups Italy’s Outlook

🇮🇹 🇮🇹 Moody’s ups Italy’s credit outlook to stable from neutral. Rating was affirmed at Baa3, lowest investment grade score
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Stocks: Are You Feeling Lost?

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Futures See Zero Rate Hikes

🇺🇸 🇺🇸 Futures now show a 0% chance of additional rate hikes with rate cuts beginning in May 2024. Markets are pricing-in at least 4 rate CUTS in 2024
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Stocks: The Monday Phenomenon

🇺🇸 🇺🇸 The annualized return for stocks on Mondays in 2023 is at an incredible 72.7%
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