My Thoughts on Current Events
24 Oct 2024 6 minute read 1 comment Perfectionist25
The US elections are very close. The race between Trump and Harris is super heated. If we look at the latest polls and betting sites, Trump seems to be ahead, but of course you never know. Because both betting sites and polls can mislead people. Howe...
22 Oct 2024 3 minute read 5 comments Perfectionist25
Can you imagine a day without water? It’s hard to understand, isn’t it? You need at least some water throughout the day, for drinking, cooking or washing dishes. Here’s a fact that may surprise you. On average, we need about 50 to 100 liters of water...
20 Oct 2024 6 minute read 0 comments Perfectionist25
This year, we can say that the Nobel Prizes were actually given to artificial intelligence in both chemistry and physics. The prize in physics in particular had nothing to do with physicists. An artificial intelligence expert who used certain calcula...
19 Oct 2024 5 minute read 0 comments Perfectionist25
The ECB has cut interest rates for the first time in 13 years at two consecutive meetings, reducing the benchmark deposit rate by 25 basis points to 3.25%, the lowest level since May 2023. The ECB also reduced the main refinancing rate from 3.65% t...
19 Oct 2024 1 minute read 0 comments Perfectionist25
JP Morgan says financial markets are starting to price in a Trump win and a potential Republican sweep. According to JP Morgan, stocks are starting to price in a Trump victory or even a landslide Republican win. The recent rally in U.S. stocks to all...
18 Oct 2024 16 minute read 0 comments Perfectionist25
We are in the balance sheet period in the United States. So far, bank balance sheets have mostly arrived. They brought good balance sheets. JP Morgan, Goldman Sachs, City Bank, Bank of America balance sheets were strong. There are some problems on th...
17 Oct 2024 11 minute read 1 comment Perfectionist25
ASML's balance sheet has indeed leaked. There is a 15.6% drop in its stock because of this. All artificial intelligence and microchip companies are pulling it down. Nvidia, AMD Broadcom are all in decline. But when we look at the details, there is ac...
16 Oct 2024 5 minute read 0 comments Perfectionist25
There are many ways to measure a country’s economic health. One of these is the debt-to-GDP ratio. Simply put, this ratio compares a country’s public debt to its gross domestic product (GDP), or the total value of all the goods and services it produc...
15 Oct 2024 3 minute read 1 comment Perfectionist25
There is talk that Tesla stock is not doing well. Is that really the case? Let's see. Stellantis has fallen by 40.49% since the beginning of the year, BMW has fallen by 23.28% since the beginning of the year, Volkswagen by 16.75%, Tesla is only 8%, a...
13 Oct 2024 3 minute read 0 comments Perfectionist25
The minutes of the Fed's September meeting revealed that there were disagreements among Fed officials on the issue of reducing the policy rate. While all officials agreed that easing monetary policy was appropriate, we see different views on the size...
