Short-sightedness is going around: OPEC cuts by 2 million barrels per day and the White House is driving down Strategic Reserves.
– Global recession?
– $BAM music
– $CS fiasco
– Fidelity $ETH
– Oh no Cramer
What implications does BoE’s intervention have for the UK Pound?
Interest rates 👉 pounds will flow to dollar-based bonds, exchange rate deteriorates
Deficit 👉 both current account and fiscal, bad for pound
Want more? 👇
Last week, J-Pow said, “the chances of a soft landing are starting to diminish”.
This translates literally to “a recession is on the table”.
But we knew that already.
What happens now? 👇
Mortgage rates have skyrocketed but data suggest a sharp drop in home values ahead.
– RIP SPAC king
– $F warning
– $CRM carbon credits
– $NDAQ crypto
– $BYND “hangry”
Here are a couple of steps the EU should consider to shore up its energy infrastructure:
Build solar 👉 not the most reliable, but the shortest lead-time
Recommission nuclear 👉 not a short-term fix, but necessary for long-term
In a world where growth is slowing, the US is “slowing more slowly” and investors are flocking to it for (relative) safety.
– Strong USD
– In-home M&A
– Energy crisis
– Stablecoin shakeup
– $AAPL unveiling
Clean energy is hanging in the balance.
What does California’s latest stumble tell us?
We talk about that and how to play it in this week’s GRIT Carbon.