Chinese consumers spent lavishly through the Labor Day holidays during the first week of this month, a traditional barometer of the consumer economy’s future strength.
Author: admin (Kendrick Williams)
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EUROPE’S NATURAL GAS PRICES FALL TO LOWEST SINCE UKRAINE INVASION
Europe’s benchmark price of natural gas sank to €35.20 per megawatt-hour on 5 May, its lowest since July 2021 when Russia first began cutting back its gas exports to the continent.
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DEMAND FOR DIESEL FUEL FALLS, GASOLINE MAY BE NEXT
In this year’s first quarter, demand for diesel fuel and other petroleum distillates was about 6 percent lower than a year earlier, the Financial Times reported.
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ECB RAISES RATE A HALF POINT, SIGNALS MORE HIKES AHEAD
The European Central Bank (ECB) raised its base interest rate a quarter point on 4 May after making six consecutive half-point increases since embarking on its current campaign of tightening in July last year.
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TOP TREND 2023, AI WE OWN YOU: CHATGPT GOUGES EDUCATION STOCKS
Education stocks sold off last week after Chegg Inc., which publishes textbooks, study guides, and other learning materials, warned that the surge of students’ interest in the ChatGPT artificial intelligence (AI) was hurting sales and “having an impact on our customer growth rate,” CEO Dan Rosensweig said in a call with analysts.
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DISARM THE IRS, DE-MILITARIZE THE BUREAUCRACY AND DISMANTLE THE STANDING ARMY
“There are instruments so dangerous to the rights of the nation and which place them so totally at the mercy of their governors that those governors, whether legislative or executive, should be restrained from keeping such instruments on foot but in well-defined cases. Such an instrument is a standing army.”
—Thomas Jefferson, 1789
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MORE THAN 200 PRESCRIPTIONS ARE KNOWN TO CAUSE DEPRESSION
Depression can stem from a wide variety of biological, psychological and environmental factors, including other medications. More than 200 drugs have depression as a listed side effect.
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BLOCKCHAIN BATTLES
Beware of scams asking to connect to your browser extension crypto wallet.
They can drain your crypto before you realize what’s going on. And the scams can build whole authentic looking Twitter feeds (and / or other social media feeds) and websites around their ploys.
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USING CRYPTO TECHNOLOGY TO DISTRIBUTE BENEFITS AND OVERSEE DEVELOPMENT OF AI
A just-published Magazine by Cointelegraph article, “How to control the AIs and incentivize the humans with crypto,” is positing crypto frameworks for developing and more fairly distributing the benefits of AI.
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GOLD PRICE HOVERS NEAR ALL-TIME HIGH
Last September when gold prices were sinking, The Trends Journal forecast that prices had bottomed. As we go to press, spot gold is selling at $2035 per ounce.