My Thoughts on Current Events
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...
11 Oct 2024 5 minute read 0 comments Perfectionist25
And finally Elon Musk gets in the Cybercab. The doors of Tesla's two-person autonomous taxi open to the side like wings. There is no steering wheel or pedals in the car. It was designed as a taxi that will carry only two people. This was thought of b...
9 Oct 2024 4 minute read 3 comments Perfectionist25
There is so much talk about renewable energy that there is a perception that the green future has already arrived. Nations, businesses and even ordinary consumers seem convinced that the world is on its way to abandoning oil completely. But Exxon Mob...
6 Oct 2024 5 minute read 0 comments Perfectionist25
In Europe, falling inflation figures and poor labor market sentiment have led markets to raise the probability of a rate cut to 90% this month. The Fed’s lack of haste to cut rates and the increasing likelihood of a 25 basis point rate cut, along wit...
5 Oct 2024 10 minute read 0 comments Perfectionist25
The lush American stock markets had one of their historic days yesterday. Because a very strange employment data came. It was way beyond everyone's expectations, including mine. This changed all our future projections regarding the American economy....
4 Oct 2024 8 minute read 0 comments Perfectionist25
Tesla's third-quarter sales figures were announced on Wednesday. The stock market did not like it at all, the stock pulled back sharply. First of all, the numbers that came in were 462,890 vehicles sold. Whether this was below or above Wall Street ex...
3 Oct 2024 3 minute read 0 comments Perfectionist25
Interesting things are happening at Rolex, the world's best-selling luxury watch brand that first comes to mind when it comes to luxury watches. Exactly 116 years after its foundation, Rolex will start selling second-hand Rolexes at its authorized de...
1 Oct 2024 6 minute read 0 comments Perfectionist25
Powell had a speech yesterday, it stirred up the markets a bit. Contrary to expectations, Powell talked about two 25 basis point cuts by the end of this year. We don't have a predetermined program for cuts, but when we look at the American economy ri...
