The Celsius CEO is asked THE question: How do you earn the required amount to pay such high yields to your customers? (He answers with the usual crypto word salad gibberish)
UK earnings today – AO World, WH Smith, Whitbread - Economic data – EU Balance of Trade, EU Industrial Production, FED Rate Decision, US MBA Mortgage Applications, US Empire State Manufacturing, US Imports & Exports, US Retail Sales, US Business/US Crude Oil Inventories
Look on the bright side, at least punters are now seeing which #crypto custodians have been stealing the money they were going to need for retirement. Long camping equipment.
@Ronniemarkets Neither are exactly 'British'. We've just slapped a tax on overseas businesses. Greatest risk being that they change their listing & legacy HQ? However, those two can favour UK capex over overseas in order to recoup so in the main this is a smart way to borrow interest free.
@PickardJE@katie_martin_fx@FT Beer in pints, spirits in cl. Marijuana in ounces, coke in grams. Britons all happily live with both systems. They're clearly having to pay off some old loony with a bit of comedy airtime for their extremism. I'm more interested in who that idiot is as they need to be gone.
@curtiscrowbird @PeterMcCormack Which is perfectly fair but doing so half naked and with feathers in your hair just meant no one realised it wasn't just another English hen night. Suitable attire and a stern letter to The Times would have been more appropriate. ;)
@PeterMcCormack Interestingly, the last British King to rule the US was a madman who could barely speak English and had crazy hair. And people say history doesn't repeat.
@Reuters Which is nice. Basics remain. Companies that burn cash to flog non essential goods and services will remain bearish without Govt freebies to their customers. Companies that actually generate cash and sell what people need, won't. #investing#trading
@BBCNews Arguably, it'll maintain what's left while forcing some oil companies to step up their renewable investments within the U.K. so as to claim all of the windfall tax plus more back. The Cons may be stupid much of the time but this is actually smart long term.
@truemagic68 Evening David. Only in the sense that the tax incentive landscape changed on the other side. There's sweet FA left in our part of the basin and their talk of extracting more was just that, talk. And don't go thinking there's much British left in the Amoco business ;).
@Mayhem4Markets Still an assumption that people with no money will be given some free money to throw at companies that lose money from selling tat no one actually needs. Find an index which isn't full of junk companies flogging tat and reliant on broke folks getting handouts. Is there one?