SoftBank just reported its financial earnings for the quarter ended on the 30th of June, and as I am writing, its shares are trading 10% higher on the day to a fresh all-time high. 3 months ago, I wrote “SOFTBANK GOES ALL IN ON AI WITH THE LITTLE MONEY IT…
Category:Daily
Daily post about finance and breaking news
WHY, INSTEAD OF FIXING US PROBLEMS, FED RATE CUTS WILL WORSEN THEM
Exactly one year ago, a parade of “experts” was making the rounds on various popular TV networks advocating for a 75 basis point emergency FED rate cut to troubleshoot the crisis in the global JPY carry trade scheme. At that time, traders in the futures market priced a 60% probability…