What’s To Blame?

Here’s a letter to the Wall Street Journal: Editor: Daniel Yergin and Matteo Fini blame today’s serious shortage of computer chips on pandemic lockdowns and on a drought in Taiwan, a fire at a Japanese semiconductor factory, and a winter storm Texas. (“For Auto Makers, […]

Human Intolerance is Never Far Beneath the Surface

The following is from 142-144 of Amor Towles’s marvelous 2016 novel, A Gentleman in Moscow; the setting is one of Moscow’s finest hotels in 1924 (ellipses original): Having followed Andrey across the dining room, through the kitchen, and down a long, winding stair, the Count […]

StockWatch: Boeing & Ryanair’s Public Fallout!

Boeing is being called out by Ryanair, one of its major customers, for not selling its jets more cheaply. So far Boeing is standing fast and refusing to meet Ryanair’s price demand, despite the sales hit over the last two years. CEO Michael O’Leary called […]

10 Thursday AM Reads

My morning train WFH reads: • Evergrande Debt Crisis Is Financial Stress Test No One Wanted China’s real estate powder keg threatens President Xi’s drive for stability—and may yet force a too-big-to-fail moment with global implications. (Businessweek) • Banking the Poor: Lending Without Collateral There’s […]

Some Covid Links

Let’s hope for success for this lawsuit in opposition to NYC strongman Bill de Blasio’s vaccine mandates. Speaking of vaccine mandates, J.D. Tuccille warns that “We’re on our way to having to ask for permission to go about our daily lives.” (Unsurprisingly, Covid-related restrictions for […]

USDCHF Zigzag Wave y To Complete Near 0.944

The formation of the USDCHF pair suggests the development of a cycle wave y, which hints at a double zigzag Ⓦ-Ⓧ-Ⓨ of the primary degree. Let’s pay attention to the last primary wave Ⓨ, which is under development. Wave Ⓨ has a complex internal structure […]

How Could the Markets React to German Elections?

Forming a new government in Germany will be a complicated affair. Nonetheless, the voting and the counting of votes on Sunday will run with the typical German efficiency. What’s likely to rile up the markets for a while afterward is the expectation for extended and […]

Quotation of the Day…

… is from page 227 of George Will’s hot-off-the-press 2021 book, American Happiness and Discontents: The Unruly Torrent, 2008-2020 – a collection of many of Will’s columns over these years; (the column from which the quotation below is drawn originally appeared in the Washington Post […]

Israel allows people to switch their bank accounts from one bank to another..

India allowed folks to change their cell companies from one participant to a different. We did see the coverage serving to folks punish inefficient gamers. There have been calls to permit comparable switching in different companies significantly banking. On this regard, attention-grabbing to see Israel […]

Intraday Market Analysis – USD Regains Bullish Momentum

USDJPY bounces off triple bottom The US dollar recovered after the Fed signaled an interest rate hike next year. The fall below 109.60 had made buyers cautious in an extended consolidation with the market marred by indecision as the pair swung between 109.10 and 110.40. […]