“Companies should be spending as much time on the workforce right now as they are on the technology. And we’re seeing most companies focus much more on the technology.” https://t.co/OpHAMTlDFE
A record month for crude, stocks in or near correction territory, bonds under pressure and a growing sense that there are few tools to shield markets from an increasingly entrenched Iran war. https://t.co/YhNznVp1mY
The Volatility Decade: The World They Built for You The Volatility Decade – Episode 1.2 Act I of our serialised white paper. This week: how thirty years of engineered calm created the perfect conditions for what comes next.
Read More: https://t.co/KZkDQZbuOV
#hedgefund
A potentially unified US government could make it easier to reach an agreement to suspend or lift the debt ceiling before the Treasury Department’s borrowing authority is exhausted https://t.co/85DOuDHv3W
⚠️GERMAN ECONOMY IS GOING THROUGH A CRISIS⚠️
World's 3rd largest economy's industrial output has been FALLING for 7 years.
Industrial production, excluding construction, peaked in 2017 and is down 16%.
This is a similar decline to the one seen during the Great Financial Crisis
Breaking news: Shares in Tesla and US bank stocks rose sharply on Wednesday while European renewable companies slumped, as investors bet on a sizeable impact from Donald Trump’s likely election as US president. https://t.co/HcidzziWCh
BREAKING: The delinquency rate on commercial mortgage-backed securities (CMBS) for offices spiked to 9.4% in October, the highest in 11 years.
The delinquency rate of office CMBS loans has now risen by 5 TIMES over the last 2 years.
Delinquencies are officially rising at a pace only seen after the 2008 Financial Crisis.
This puts the office CMBS delinquency rate on track to surpass an all-time high of 10.3% seen in July 2012.
Meanwhile, the overall US CMBS delinquency rate rose to 6.0%, the most since the 2020 pandemic.
The commercial real estate crisis is real.
Warren Buffett has slashed his Apple stake yet further as he boosts cash to a record high – meaning that in just over a year, Berkshire has ditched almost two-thirds of its stake in the company https://t.co/T1TALyjVo6
Congratulations to Kemi on her outstanding victory
She brings a much needed zing and zap to the Conservative Party
This sleaze-ridden Labour government has no ideas or agenda beyond the old tax and spend socialism
They are far more vulnerable than the parliamentary maths might suggest
Kemi has exactly the right courage and clarity to expose Starmer’s failings
She is now ideally placed to flip them over and take the Tories to victory at the next election
I will be giving her my full support and call on all Conservatives to do the same
Apple has bought back $655 billion in stock over the past 10 years, which is greater than the market cap of 490 companies in the S&P 500. $AAPL
https://t.co/l5IYmkf6Ih
This is insane:
Warren Buffett is now building his cash balance at an unprecedented rate, even as the market hits new records.
Berkshire Hathaway just announced that they are FREEZING buybacks and holding $325 BILLION of cash.
What does Warren Buffett see here?
(a thread)