Which party will prevail? The Silicon Valley Bank dilemma, the second largest collapse of a financial institution in US history, kept the global business world on tenterhooks over the weekend. By midday on Saturday, Twitter users seemed to have agreed that the bank should be allowed to fail while ensuring that depositors were protected. This …
Good, Better, Best. Never let it rest. Until our good is better and our better is best. We had expected a positive result and set our take profit point at 33,600. However, given the current market price of 32,850, we are pleased with our AI and team’s decision to adjust our take profit point to …
Optimizing Gains: TFC Investment Team’s Winning Approach with AI Insights Read More »
San Francisco Fed President Mary Daly made some candid comments today. She is part of the Fed’s core and was the first to announce a higher Fed rate in November 2021. Her recent comments are very optimistic, but that depends on the final data before the FOMC decision on 22 March.I am beginning to believe …
Cyclical conditions around the world and mispricing in the markets Let us start by saying that in many ways it’s going to be very, very difficult to achieve both strong growth and the low inflation that we have become accustomed to because all these inflationary forces are in the system. So what you are seeing …
Following on from our note on Tuesday’s inflation figures, all eyes are on these: The general consumer price index rose 0.5% in January, the most in three months. This is according to data released by the Bureau of Labour Statistics on Tuesday. Compared to the same month last year, the index rose by 6.4%. Combined …
Let us look at these amazing facts. When the Fed started tightening monetary policy in March 2022, the unemployment rate was 3.6%. Since then, about four million net new jobs have been created and the unemployment rate is now 3.4%. However, inflation has not risen, it has fallen significantly; wage increases have moderated, not accelerated, …
FrontApp Inc is valued at $1.7 billion. Customer communications platform FrontApp has closed a new funding round that values the company at $1.7 billion. The funding round was led by Salesforce Ventures and roughly doubles the company’s valuation. FrontApp offers customer support software used by Lyft, Shopify and Airbnb, among others. The message is clear: …
Warren Buffett increases his stake in Occidental Petroleum. Berkshire Hathaway has bought another $500 million in shares of Occidental Petroleum, according to a regulatory report. This purchase brings Buffett’s total investment to nearly $8.5 billion, or ~16% of the energy company. Buffett began buying Occidental Petroleum shares earlier this year and Berkshire now owns 152.7 …
Fed raises interest rates by highest percentage in 28 years. After weeks of speculation, the Fed raised its benchmark interest rate by three-quarters of a percent, the largest rate hike since 1994. The aggressive rate increase ends years of loose monetary policy that the Fed has used to try to curb historically high inflation. The …
FED Raises Interest Rates; Highest Percentage In 28 Years Read More »
In a company-wide email circulated on Friday, Elon Musk announced his intention to reduce Tesla’s workforce by 10%. The announcement comes shortly after Musk’s call for employees to spend at least 40 hours a week in the office. Musk noted, “…this does not apply to those who actually build cars, batteries or solar cells.” We …
