Yesterday, I posed this question: “WHAT IF NVIDIA SIMPLY TAGGED ALONG WITH A MICROSOFT AZURE SCAM PLAYBOOK?”. Twenty-four hours later, the company themselves replied to the question (I believe involuntarily), and the answer was “YES”. Please take a look at the part I highlighted from the #NVIDIA CFO commentary related…
Category:Most Popular
WHAT IF NVIDIA SIMPLY TAGGED ALONG WITH A MICROSOFT AZURE SCAM PLAYBOOK?
3 months ago in “NVIDIA, ITS RECYCLED “#AI REVOLUTION” AND THE DARK SIDE OF IT KEPT AWAY FROM THE PUBLIC”, we already saw how the “#AI Revolution” was a PR campaign #NVIDIA tried to push already several times in the past without success. #OpenAI, a company founded on the 11th…
NORINCHUKIN BANK OFFICIALLY JOINS THE LIST OF BANK OF JAPAN’S NIGHTMARES
Late last year, the #FED quietly added a very unique institution to its Standing REPO Facility: #Norinchukin Bank. Like every other news against the MSM narrative, this event was quickly brushed away from public attention. In the article “WHY IS THE FED PREPARING TO BAIL OUT A JAPANESE BANK? BECAUSE…
TALES OF A ROARING KITTY AND A TREMBLING SOFTBANK
History never repeats, but it often rhymes. Yesterday was one of those very fascinating days in which you experience so many déjà vu moments. A few hours before #Softbank’s FY2023 results, a kitty started to roar again after more than 3 years of silence (@TheRoaringKitty), and vibes from 2021 started…
DOES SOFTBANK NEED THE WEEKEND TO NEGOTIATE ITS BAILOUT?
While global investors are busily plucking daisy petals to decide between fear and #fomo, a (very) large elephant is crying out in pain in one corner of the globe. In a surreptitious move, #Softbank quietly rescheduled the release of their Financial Results for the entire 2023 fiscal year from the…
WHY UNDERSTANDING CENTRAL BANKS’ ACCOUNTING IS IMPORTANT TO UNDERSTAND THE CONSEQUENCES OF THEIR ACTIONS (ESPECIALLY THE BOJ ONES)
Yesterday, I got this interesting question that I believe the answer is worth sharing with everyone: why does the #BOJ balance sheet decrease when the #BOJ intervenes in the FX? And why doesn’t that mean there is less liquidity in the global system? Understanding central banking accounting is the key…
THIS LAST BURST OF QUANTITATIVE EASING WILL ACCELERATE THE OVERALL MONETARY IMPLOSION ALREADY UNFOLDING
Yes, quantitative easing is what just happened under everyone’s nose. The #JPY interventions of this past week effectively injected about 100 billion #USD into the global financial system that previously was not circulating. Why? Because #Japan MOF selling reserves to fetch #USD that can then be sold in the market…
EXPLAINING AND SIMPLIFYING THE JPY (COUNTERINTUITIVE) “DOOM LOOP”
Last week, I ventured a bit too deeply into the plumbing of the global financial system with the article “THE JPY (COUNTERINTUITIVE) DOOM LOOP – THE MORE JPY LOSES VALUE, THE MORE LEVERAGE IS FORCED TO COME OFFLINE, THE MORE THE JPY LOSES VALUE” and I apologize to all those…
THE JPY (COUNTERINTUITIVE) DOOM LOOP – THE MORE JPY LOSES VALUE, THE MORE LEVERAGE IS FORCED TO COME OFFLINE, THE MORE THE JPY LOSES VALUE
Almost 9 months ago now in the post “$JPY CARRY TRADE – THE BIGGEST FINANCIAL TICKING TIME BOMB OF ALL?“, I tried to explain how, in the current market conditions where the shortage of quality collateral assets is becoming incredibly scarce, a depreciating #JPY would have put the ginormous and…
DOES ANYBODY CARE ABOUT THE UNFOLDING BANKING CRISIS ANYMORE?
Since last week, while the market was distracted by the geopolitical slapping contest between Israel and Iran, both large banks (#KBE) and regional banks (#KRE) lost 5%, outpacing the S&P500 by more than 2%. JP Morgan, surprisingly, is leading the tumble, down almost 8% since releasing its Q1-24 results. Bank…