When To Bet Big, Fed Hikes .50, Will Binance Fail?, Arnault Overtakes Musk, Unreliable Electricity, Rents Slide
INVESTING
- 5 Behavioral Tricks for Long-Term Investors (Validea)
- When to Bet Big, and When Not To (Safal Niveshak)
- Don’t Try to Get Rich Twice (AWOCS)
- Plan For Change Or Change Your Plan (Tony Isola)
- Howard Marks: Much Better Prospects For Bargain Hunters in This Changed Environment (Acquirer's Multiple)
- Bill Ackman: why now is the time to buy stocks...
ECONOMICS
- Fed Hikes Rates By 0.50 Percentage Points (Forbes)
- Fed wants “substantially more evidence” inflation is going lower (Heisenberg Report)
- Cathie Wood believes US has been in recession all year (Reuters)
- Real Wage Growth Falls for the Twentieth Month as Biden Celebrates Seven-Percent Inflation (Mises)
CRYPTO
- Is Binance About To Fail Like FTX? (DataDrivenInvestor)
- ‘99% of People' Will Lose Crypto in Self-Custody: Binance CEO (Decrypt)
- Brazil passes law to legalize crypto as a payment method (CoinTelegraph)
- Celebs Testify as Warren Introduces Anti-Privacy Crypto Bill (Blockworks)
BUSINESS
- Louis Vuitton's Bernard Arnault overtakes Musk as world's richest man at $190B (CNBC & Forbes)
- Export controls hit China’s access to Arm’s leading-edge chip designs (FT)
- Small Banks Warn They Might Drop Zelle Over Scam Payment Costs (WSJ)
- U.S. lawmakers unveil bipartisan bid to ban China's TikTok (Reuters)
- Apple's market cap...
Apple's market cap alone is equal to the sum of the bottom 180 companies within the S&P 500.
— Alf (@MacroAlf) December 9, 2022
Impressive. pic.twitter.com/GtloQOlDPc
- How Starbucks Operates Like a Bank While Serving Coffee
ENERGY
- Natural Gas Prices Are Rising, Crude Oil Inventories Plunged (ValueWalk)
- Oil Rises for a Third Day (Rigzone)
- House Oversight Committee Puts Political Agenda Above Energy Security (Forbes)
- Grids are being ruined by systemic preferences for unreliable electricity (ETP)
- Fusion energy breakthrough...
On Dec. 5, 2022, a team at LLNL's @lasers_llnl conducted the first controlled fusion experiment in history to achieve fusion ignition. Also known as scientific energy breakeven, the experiment produced more energy from fusion than the laser energy used to drive it. pic.twitter.com/t9htICEcuh
— Lawrence Livermore National Laboratory (@Livermore_Lab) December 13, 2022
REAL ESTATE
- US existing-home sales expected to slide to 11-year low in 2023 (Reuters)
- Why mortgage rates are likely to drop as 2023 housing outlook remains gloomy (HousingWire)
- Mortgage delinquency rate will rise by 0.5% in 2023: TransUnion (NMN)
- In a bid for transparency, Airbnb now displays price with fees (Inman)
- Rents Slide by Largest Amount in at Least 7 Years (Zillow)
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