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CFDs and forex (FX) are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider.
CFDs and forex (FX) are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX, or any of our other products work and whether you can afford to take the high risk of losing your money.
Summary: The market was desperate for FOMC takeaways, but alas, despite interesting details, the overall picture was one that mostly validated the existing lay of the land, resulting in some choppy market action but no big changes in the macro or FX picture by later this morning in Europe, though risk appetite seems to be getting a further boost. Are equity investors overreaching soon? Also on today's pod, single stock news, a look at the upcoming Bank of Japan meeting tonight as the JPY punches to new lows in place and much more. Today's pod hosted by Saxo Global Head of Macro Strategy John J. Hardy.
A mostly enthusiastic review of the new Meta Glasses (I think it was mostly enthusiastic, I couldn’t bear to watch the entire video due to my prejudice against this product!) As a person who wears glasses for corrective vision only, I’ll give them a hard pass and will find it creepy when/if I see people wearing these things and staring off into the distance and reaching out into the air with weird hand and finger gestures to control the device. Are you going to by a pair - let me hear why.
WSJ coverage from Fed report Nick Timiraos on the “Powell’s Last Stand”, even if he will be standing for a few more Fed meetings. He refused to comment on whether he would step down after his period as Fed Chair ends next May. His term as Fed governor doesn’t end until January, 2028.
An OpEd with a compelling framing of Putin’s ordering recent drone incursions, including the interesting further points that 1) Putin can’t afford for any significant general to show too much success on the battlefield (becomes an alternative to himself) and 2) whether time will tell that the Ukraine war is a proxy war with China’s full backing of the Ukrainian side.
Lyft got a lift on the news of a coming collaboration with Alphabet’s Waymo (although the Waymo LLC is partially controlled by others investors) to offer rides in Nashville, Tennessee. Waymo is delivering over 250,000 driverless rides per week to Tesla’s zero driverless rides per week and has more than doubled its California paid rides business in just a year, using tech that Tesla’s Musk calls unworkable tech gto do so (combining radar and lidar with cameras). Uber dropped yesterday on this news, while Tesla was up.
Source: Bloomberg
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