ECONOMIC UPDATE – MARKET OVERVIEW

ECONOMIC UPDATE – MARKET OVERVIEW

It’s all in the numbers. The global economy is going down and as per our trend forecast, interest rates in the U.S. and EU will also be going down. Indeed, yesterday, Fed Head Jerome Powell said the Fed would lower interest rates even if inflation did not hit the made-up 2 percent target rate that the former Fed Head Ben Bernanke invented in 2012.

TOP TREND 2024: BANKS GO BUST

TOP TREND 2024: BANKS GO BUST

The biggest U.S. banks are reporting their second-quarter earnings and investors and analysts are watching to see how the megabanks have weathered high interest rates and the continuing slide in the value of commercial real estate loans.

 

 

Global Economy

Illustration Depicting AI Data Banks

SPECIAL REPORT: AI’S INSATIABLE APPETITE FOR ELECTRICITY

We have previously reported on the sudden surge in electricity demand among the data centers where artificial intelligence (AI) requests are processed. The trend will have far-reaching impacts on U.S. economic development, energy use, climate considerations, and regulatory structures. We will continue to follow these developments.

SPOTLIGHT: BIGS GETTING BIGGER

SPOTLIGHT: BIGS GETTING BIGGER

JPMorgan Chase’s investment banking fees rocketed up 50 percent in this year’s second quarter compared to the same period last year, the bank said.

The Israel War

AI

AL MICHAELS RETURNS AS OLYMPIC COMMENTATOR—SORT OF

AL MICHAELS RETURNS AS OLYMPIC COMMENTATOR—SORT OF

Al Michaels, who offered some of the first play-by-play and color commentary on the televised Olympics decades ago will be heard again, this time narrating the nightly Olympic highlights to be broadcast by cable network Peacock. 

AI THAT’S SO GOOD YOU CAN’T HAVE IT

AI THAT’S SO GOOD YOU CAN’T HAVE IT

Microsoft has developed VALL-E 2, a voice-cloning AI that mimics a person’s voice and speech patterns so perfectly that the company won’t release it to the public.

AI SPEEDS TRICKY CANCER DIAGNOSES

AI SPEEDS TRICKY CANCER DIAGNOSES

Medical technicians can spot cancer by analyzing sugar in blood samples. It’s easy to find the sugars by scanning samples with a mass spectrometer.

Hi-Tech Science

The above are just a few of the many articles in the latest Trends Journal. CLICK HERE for the full edition​.

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