Israel has seen a dramatic shift in support from Americans as its genocide in Gaza approaches the two-year mark, with more U.S. citizens now saying they sympathize more with the Palestinians.
ECONOMIC UPDATE – MARKET OVERVIEW
Here we go again, the only “Big” news in the business media is and has been for over two years plus... all about the rising equity markets and their chosen people, “The Magnificent Seven” ...the highest of highest of hi-tech supreme beings, and most of all, their AI religion.
WITH TOKENIZATION… “YOUR ASSETS” BECOME NO LONGER YOURS
The global debt-based system is illiquid and functionally insolvent. So, policymakers are building controlled, programmable rails (full-asset tokenization) to keep it moving and to control the fallout. THIS IS JUST THE BEGINNING…
IS THE U.S. STOCK MARKET RALLY LIVING ON BORROWED TIME?
Interest rates are down, consumer spending is up, corporate earnings are strong, bond values have risen, and tax cuts are giving corporations more money for growth.
AI ACTOR CONTROVERSY GOT REAL THIS WEEK (AND WAS FORECAST BY THIS WRITER IN 1998)
Some of Hollywood’s biggest agencies appear to think that the next generation of movie stars will be led by next gen AI creations.
TOP TREND 2025: A GOLDEN YEAR FOR GOLD
U.S. spot gold briefly rose to $3,893 on 3 October as concerns over the U.S. Congress’s paralyzed discussions over reopening the government combined with growing certainty over the U.S. Federal Reserve’s impending interest rate reduction, Reuters said.
TRUMP ANNOUNCES ANOTHER DRUG BOAT FROM VENEZUELA WAS BOMBED BY U.S., SAYS LAND STRIKES ARE NEXT
President Donald Trump said during a speech Sunday at Virginia’s Naval Station Norfolk that the U.S. military bombed another drug boat allegedly from Venezuela on Saturday and that these strikes may have to start occurring inside the country to prevent the flow of drugs because there are no more boats to target.
Global Economy
SPOTLIGHT: BIGS GETTING BIGGER
The number of mergers and acquisitions topping $10 billion in value has set a record at 14 in this year’s third quarter, the Financial Times reported after analyzing data from the London Stock Exchange Group (LSEG).
TOP TREND 2024: EV GO FU
A federal tax incentive of as much as $7,500 for the purchase of electric vehicles (EVs) ended 30 September, leaving auto companies and their dealers with an estimated 134,000 cars that suddenly cost thousands of dollars more than they did last month.
SPOTLIGHT: MONEY GOES DIGITAL
The tokenization of stocks, real estate, and other assets is irreversible, according to Vlad Tenev, CEO of cryptocurrency trading platform Robinhood, who spoke in a CNBC interview.
The Israel War
MAJOR PROTESTS BREAK OUT ACROSS EUROPE IN SUPPORT OF PALESTINIANS, FLOTILLA
Major protests broke out over the weekend in capitals across Europe in support of the Palestinians in Gaza being tormented and killed by the IDF and the humanitarian-aid flotilla that was intercepted in international waters before reaching the battered enclave.
GAZA DEATH TOLL
The Palestinian Ministry of Health in Gaza announced that the IDF killed at least 67,000 Palestinians in Gaza since the start of the genocide and over 170,000 Palestinians have been wounded.
NETANYAHU CALLED THE BIG WINNER IN TRUMP’S CEASEFIRE DEAL
U.S. President Donald Trump’s so-called ceasefire deal to end the Israeli genocide in Gaza managed to give Israeli Prime Minister Benjamin Netanyahu nearly everything he could have hoped for, namely the immediate return of all remaining hostages, no Palestinian state, and the opportunity to restart the massacre and starvation campaign whenever he wants if Israel determines that Hamas is in violation of the agreement.
Trends in AI
SPOTLIGHT: STOCK MARKETS RIDE HIGH ON AI
Chinese equity markets rose and fell in waves in recent months as Beijing announced, then failed to deliver, “bold” stimulus programs to revive the dormant domestic economy.
OPENAI GETS ITS DESIRED $500-BILLION MARKET VALUATION
A private sale of shares has given OpenAI the $500-billion market valuation it set its sights on weeks ago. Until now, the company has been valued at $300 billion.
DEEPSEEK REVEALS ANOTHER AI THAT’S CHEAPER TO OPERATE
Chinese research firm DeepSeek has released a new AI model that it says can be operated more cheaply than the large language models common in the West.
Hi-Tech Science
YOUNGER PEOPLE ARE BECOMING ADDICTED TO ULTRA-PROCESSED FOODS
In our 9 September issue, we reported on a study explaining “Why Ultra-Processed Foods Make You Fat.” (They disrupt basic body processes and hormone balances.)
FROM TOXIC WASTE TO INDUSTRIAL FEEDSTOCK AND CLEAN FUEL
When wood and other plant materials are heated to produce clean energy, two leftovers are biochar and biotar.
WORLD’S FIRST “AIR BATTERY” WILL BE INSTALLED IN A GERMAN SALT CAVERN
Israel-based Augwind Energy will build the world’s first industrial-scale version of its “AirBattery” in Germany, with plans to bring it into use in 2027 or 2028.
