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We’d like to welcome & thank our new followers. We post abt the economy; energy & grid mgmt; the IoT; analytics & business intelligence; ESG metrics, measurement & investing; and, finance. Our feed is 70% original content & we only RT important news & info - often w/comment.
Interesting development. And probably more so to Facebook and those following the FTC proceeding to re-open Facebook’s ($5 billion with a B) consent decree which the DC court should make a decision on jurisdiction any day now.
NEWS: A US federal judge has declined to remove the FTC's privacy order against X/formerly Twitter. X has been fighting this in court for a few months. The judge also blocked X's attempt to stop a deposition of Elon which would compel him to testify in the investigation.
Japan's economy shrinks far more than expected in third quarter cnbc.com/2023/11/15/jap…
cnbc.com
Japan's economy shrinks far more than expected in third quarter
Japan's economy shrank in the July-September period for the first time in four quarters, provisional government data showed Wednesday.
US rate cut not seen until Q4 2024 due to strong GDP growth -Goldman economists reuters.com/markets/rates-…
reuters.com
US rate cut not seen until Q4 2024 due to strong GDP growth -Goldman economists
The U.S. Federal Reserve will hold off cutting rates until the fourth-quarter of next year, according to Goldman Sachs economists who cited stronger-than-expected economic growth that is helping...
Retail sales slip in October as consumers pull back after summer splurges (from @AP) Are consumers in revolt? A significant pull-back will negatively impact holiday sales and Q4. apnews.com/article/ad844b…
apnews.com
Retail sales slip in October as consumers pull back after summer splurges
Americans cut back on retail spending in October, ending six straight months of gains, though the decline was partly driven by falling prices for both gasoline and cars.
Global Risk factors and headwinds… check out our latest free report before making investment or devestment decisions heading into 2024. Consider our concerns. #GlobalEconomy #Risk #Risks #headwinds #finance #prediction #futures open.substack.com/pub/greenecono…
Read the ‘geopolitical risks’ section of our latest report to find out why this is important.
Dramatic reversal: Philippines announces full termination of 6 #BeltandRoad projects in favor of Japan and Western options. Why the Philippines is exiting the BRI, by AsiaTimes asiatimes.com/2023/11/why-th…
Global shipping slowdown causes shipping giant Maersk to cut ten thousand jobs. Falling shipping demand impacts supply chain flow, and ultimately production. Maersk cuts 10,000 jobs as shipping demand falls bbc.co.uk/news/business-…
bbc.co.uk
Maersk cuts 10,000 jobs as shipping demand falls
One of the world's largest export firms reported a huge drop in profits as freight costs have plunged.
The Fed left interest rates unchanged for the 2nd consecutive time, but did not rule out an increase in the coming months. Rates have been on hold in a range of 5.25 to 5.5% since July. Policymakers are waiting to assess the health of the economy before making another move.
The housing market is headed back to a 1980s-style recession, Wells Fargo says—and it’s all because of ‘higher for longer’ mortgage rates finance.yahoo.com/news/housing-m…
CAUTION: Global Economic Risk Factors And Financial Headwinds To Watch As We Head Into 2024 , by Charlie McHenry, co-founder, analyst #outlook #Economy #Economics #Investing #risk #futures open.substack.com/pub/greenecono…
Investors on edge as Middle East conflict intensifies. reuters.com/markets/us/inv…
reuters.com
Investors on edge as Middle East conflict intensifies
A widening conflict could prompt safe-haven buying of Treasuries, moderating the surge in yields.
Thinking of moving? This’d be a good time dontcha think? Here’s an invite from admin/mod Tim Chambers just for you - all the best economists and thinkers are already on the fediverse. You could be too, and be done with all this BS. indieweb.social/@tchambers/110…
The 20th largest bank in the US was just closed by California state regulators. Silicon Valley Bank was rumored to be in a sale process to protect its depositors. Now, it's the second biggest banking failure in US history. All because of a secular bet against rising rates:
Seeking a #BIPOC web developer to work with me on a personal website update/revision for a legendary figure in the #BlackPower movement. I’d prefer CSS, HTML, Jscript but will settle for a WordPress dev in a pinch. #BlackTechTwitter #BlackTwitter #BLM #BlackHistory #webdev
Anyone who was following the personal account of co-founder Charlie McHenry, @DonCarlitos, you can now find him in the federverse. He’s @DonCarlitos@mastadon.lol BTW, he reports much more real engagement over there than here. Just an FYI.
<p><a href="marketscale.com/industries/ene…"><img src="embed-ssl.wistia.com/deliveries/b01…" width="400" height="225" style="width: 400px; height: 225px;"></a></p><p><a href="">The Possible Achilles’ Heel of EVs and Energy Storage - MarketScale</a></p>
marketscale.com
The Possible Achilles’ Heel of EVs and Energy Storage
Michael Davies joins MarketScale to talk about the challenges of battery production within the United States.
<p><a href="marketscale.com/industries/ene…"><img src="embed-ssl.wistia.com/deliveries/e41…" width="400" height="225" style="width: 400px; height: 225px;"></a></p><p><a href="">Energy Transformation: Why EVs will Impact the Utility Grid - MarketScale</a></p>
marketscale.com
Energy Transformation: Why EVs will Impact the Utility Grid
Michael Davies joins MarketScale to explain how and why EVs will have an impact on the utility grid and the transformation this will cause.
Global recession is coming. China (black), Germany (blue) & Japan (pink) are the world's biggest exporters. New export orders in their manufacturing PMIs are tumbling, signaling weak global demand. The US (red) was an outlier, but today's data show it starting to fall as well...
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