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Friday, January 24, 2025

Market Insights

Trump returns — and so does his astounding ignorance

If you feel off-kilter, you’re in good company. The president seems downright bewildered. “I think we’re going to do things that people would be shocked at,” President Donald Trump declared on his second day in office. It was one of the few true things he said all week. The crush of vindictive, …
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I’m an economist. Here’s why I’m worried the California insurance crisis could trigger broader financial instability

The devastating wildfires in Los Angeles have made one threat very clear: Climate change is undermining the insurance systems American homeowners …

Will Trump’s Tariffs Raise Prices? What To Know As He Threatens Goods …

Topline President Donald Trump said Monday he will impose 25% tariffs on imports from Mexico and Canada starting February 1, and threatened broader import taxes in the future—reflecting his longtime campaign promises of implementing high tariffs, which go against the views of many economists who …

Emperor Trump’s New Map (shared)

The president who built his fan base on isolationism is pivoting to a kind of imperialism that the U.S. hasn’t seen in decades. When Vladimir Putin daydreams, he imagines himself saluting a phalanx as it goose-steps across central Kyiv. In Donald Trump’s version of the fantasy, he is triumphantly …

Trump finds a new way for foreign governments to pay him off: Crypto

Trump’s crypto coin is little more than a whizbang Ponzi scheme. The era of the Shakedown Economy has officially begun — and it started with something called a presidential “sh--coin.” No, I am not making this up. Two days before his inauguration, Donald Trump abruptly launched a new cryptocurrency, …

The EU Will Suffer Because it Is Hostile Territory for the AI industry

The dysfunctional EU lags badly in AI. Rather than attempt to catch up, it places barriers. Closed AI – the European Version Eurointelligence discusses …

How the oil industry and growing political divides turned climate change into a partisan issue

After four years of U.S. progress on efforts to deal with climate change under Joe Biden, Donald Trump’s return to the White House is swiftly …

Trump’s energy emergency is a gift to fossil fuel firms. It’s likely headed to court

President Trump declared a national energy emergency as part of a flurry of executive orders issued Monday. But the document is not an emergency for all forms of energy, it's mostly supporting the production of domestic fossil fuels. "We will drill, baby, drill," Trump said in his inauguration speech …

Analyst reworks Nvidia stock price target on Blackwell demand forecast

Nvidia has said Blackwell demand will likely drive revenue beyond the group's estimate of 'several billion dollars' this quarter. Nvidia shares bumped …

Netflix Erupts To All Time High On Blowout Earnings, Record New Subs, Price Hike And New $15 Billion Buyback

By ZeroHedge As we wrote in our preview note, it would take a lot to "wow" NFLX bulls according to Goldman while UBS chimed in...

The Tech Oligarchy Arrives

Donald Trump’s inauguration signaled a new alliance—for now—with some of the world’s wealthiest men. On the day of Donald Trump’s 2017 inauguration, a group of his top billionaire donors, including the casino magnate Miriam Adelson and the future Republican National Committee finance chair Todd …

Trump promises to end birthright citizenship and shut down the border

During his first day in office on Jan. 20, 2025, President Donald Trump signed a slew of executive orders on immigration that would make it harder …

Trump Vows To Refill SPR “Right To The Top” As China Tanker Rates Soar

Via ZeroHedge For much of the past year, oil traders were desperate to find a bullish thesis. Now, in the span of just a few...

Trump’s idea to use military to deport over 10 million migrants faces legal, constitutional and practical hurdles

A sweeping crackdown on immigration was the centerpiece of Donald Trump’s 2024 presidential campaign. “On day one, I will launch the largest …

Trump plans to declare a ‘national energy emergency.’ What does that mean?

President Trump says he will declare a "national energy emergency" as one of his first acts as president, pledging to support the domestic production of fossil fuels. "We will drill, baby, drill," he said during his inauguration speech. "We will be a rich nation again and it is the liquid gold under …

How the oil industry and growing political divides turned climate change into a partisan issue

After four years of U.S. progress on efforts to deal with climate change under Joe Biden, Donald Trump’s return to the White House is swiftly …

Trump signs order to withdraw U.S. from World Health Organization

The big picture: The U.S. is the WHO's top donor, contributing about $130 million per year to help cover its global health preparedness and response, …

Climate misinformation is rife on social media – and poised to get worse

The decision by Meta, the parent company of Facebook and Instagram, to end its fact-checking program and otherwise reduce content moderation raises …

How Ozempic Has Forever Changed How Much People Spend on Food, According to a New Cornell University Study

According to a survey conducted by KFF Polling, about 12 percent of Americans have tried Ozempic, Wegovy, or other GLP-1 drugs. (If you aren’t familiar, GLP-1 agonists are a class of prescription drugs used to treat diabetes and prevent heart attacks and strokes, and are also used for weight loss.) …

How America courted increasingly destructive wildfires − and what that means for protecting homes today

The fires burning in the Los Angeles area are a powerful example of why humans have learned to fear wildfire. Fires can level entire neighborhoods in …