Right now there’s no question that Hong Kong is friendlier to crypto companies and web3 development than New York, or the Biden Administration in general.
Author: admin (Kendrick Williams)
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ECONOMIC UPDATE – MARKET OVERVIEW
The Street is surprised, but Trends Journal subscribers aren’t. Ready for this “shocking” Bloomberg headline? “Canada inflation quickens to 4 percent, driven by higher gas prices.”
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THE GLOBAL DEBT MARKET IS NOW FLASHING RED
Last week Bloomberg reported this: “The Bond Market Has Not Flashed a Warning Sign for This Long in Over Six Decades.”
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MONEY MARKET FUNDS UP $1 TRILLION THIS YEAR
Money market funds’ assets have grown by $1 trillion so far this year, the Financial Times reported, and are poised to end this year with an additional $1.5 trillion if the current pace of deposits continues.
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TECHNIQUES BEING USED TO TRAIN AI WILL BE USED TO TRAIN—AND LIMIT—HUMANS
For years, scientists have been developing, with increasing success, AI that can self-learn in more sophisticated ways.
Neural net learning, modeled on the way human brains process and hold onto or discard information, is one of the most advanced ways AI systems “self-learn.”
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SPOTLIGHT: BIGS GETTING BIGGER
As we had long forecast, the higher central banks raise interest rates, the lower the Merger and Acquisition trend… which hit record highs at the height of the COVID War in 2021 when interest rates sank and governments pumped in countless trillions to artificially prop up sinking economies.
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SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
Last month, the value of China’s exports was 8.8 percent below that of a year earlier, the government announced, marking the fourth consecutive month of reduced sales abroad.
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TOP TREND 2023, OFFICE BUILDING BUST: TENANTS SIGNING MORE OFFICE LEASES BUT FOR LESS SPACE
In this year’s second quarter, U.S. businesses signed new leases for about 97.5 million square feet, approaching twice the 57.4 million that marked the low point during the COVID War, data service CoStar reported.
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THIS WEEK IN SURVEILLANCE
It’s hard to parody the dystopian control-freak technology ambitions of Government entities, as two recent stories underscore.
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