Insurance isn’t really an area that I had much interest in, mostly because in the countries where I’ve lived, it has generally been a well-run and stable business. However, the recent Los Angeles wildfires prompted me to look into this sector in California more closely, and what I discovered is…
Category:Daily
Daily post about finance and breaking news
THE CENTRAL BANK “KING” IS MORE AND MORE “NAKED”
“Why are central banks cutting rates while yields are going up? How is this possible?” This is the question many people are asking themselves at the moment. Surprisingly, those experiencing the highest degree of confusion and bewilderment appear to be institutional investors rather than retail investors. The reason is that…
MICROSOFT BET THE FARM ON OPENAI, BUT IT LOST THE BET
Roughly 24 hours ago, OpenAI CEO Sam Altman first published a long blog post to celebrate 2 years since the launch of ChatGPT (Blog Post), then shortly after, this post appeared on X: This post is the incredible confirmation of what we observed two weeks ago in “MICROSOFT CEO KNOWS…
THE BIG MISUNDERSTANDING ON WHY CHINA BOND YIELDS KEEP FALLING
China’s 10-year government bond yields have just hit a historic low at 1.64%. Despite this downward trend continuing for a while, there is still a great deal of misunderstanding about what’s happening here in the Western part of the world (with many mainstream media and social media “gurus” not missing…