Stocks drop

If the Israel-Hamas conflict further intensifies, the risks to the global economy are growing, economist Mohamed el-Erian reportedly said Monday 30th October 2023. The impact on global markets was initially limited, as investors viewed the conflict as contained. However, the prospect of a regional spillover has added to a senseRead More →


The UK government said it intends to bring a number of crypto asset activities under the same regulations that govern banks and other financial services firms. The U.K. government has recently announced its plans to regulate the crypto industry with formal legislation by 2024. The government aims to protect consumers and growRead More →


According to the latest data from the U.S. Bureau of Economic Analysis, the U.S. GDP grew at a 4.9% annual pace in Q3 of 2023, better than expected.  This was the fastest quarterly advance in nearly two years, driven by robust consumer spending, increased inventories, exports, residential investment and government spending.Read More →

Inflation 140% in Argentina

The inflation rate in Argentina is extremely high and has surpassed 100% for the first time since the early 1990’s. The inflation rate for consumer prices in Argentina was 138.28% in September 2023, based on the CPI values for the last 12 months. This means that the prices of many goodsRead More →


Apple and generative AI technology is a topic that has been generating a lot of interest and speculation lately. According to various reports, Apple is working on developing its own large language model and chatbot, which could potentially enhance its products and services with new features and capabilities. However, someRead More →

Sage investor owl

Warren Buffet Warren Edward Buffett is an American businessman, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. As a result of his immense investment success, Buffett is one of the best-known fundamental investors in the world. As of October 2023, he possessed a net worth of $117 billion making him the seventh-richest person in theRead More →


The stock dropped more than 15% over the last few days after the company posted third-quarter earnings on Wednesday 20th October 2023.  The earnings report showed that Tesla missed analysts’ expectations on revenue and earnings per share. Tesla also announced a recall of 475,000 vehicles in the US due to aRead More →

UK credit worthiness improves

Moody’s is a credit rating agency that evaluates the creditworthiness of countries, companies, and other entities.  It recently upgraded the UK’s credit outlook from negative to stable, citing policy predictability, softer EU trade stance, and tax reversals. This means that Moody’s expects the UK to have a lower risk ofRead More →


Stocks retreated Friday as a surge in the 10-year Treasury yield prompted broader concerns about the state of the economy. The Dow Jones Industrial Average (DJIA) is one of the most widely followed stock market indices in the world. It tracks the performance of 30 large U.S. companies from various sectors, suchRead More →

Nokia 'old school' mobile

Nokia is planning to cut up to 14,000 jobs worldwide, or some16% of its workforce, as part of a cost-cutting plan following a 69% plunge in third-quarter profits.  The Finnish technology company said the planned measures are aimed at reducing its cost base by between €800 million and €1.2 billionRead More →

U.S. mortgage rates

The average rate on the U.S. 30-year fixed mortgage rate hit 8% on Wednesday 18th October 2023, according recently released data. That is the highest level since 2000. The unwelcome milestone came as bond yields soared to levels not seen since 2007. Mortgage rates follow the yield of the 10-year U.S. Treasury.Read More →


Shares of Chinese electric vehicle manufacturers took a hit on Thursday 18th October 2023 after Tesla reported disappointing 3Q results on Wednesday 17th October 2023. It was the first time Tesla, co-founded by Elon Musk, missed on both earnings and revenue since Q2 2019. On Thursday morning, Hong Kong-listed shares of Chinese EV makers BYD and Xpeng fellRead More →