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Wednesday, November 27, 2024

News You Can Use From Phil’s Stock World

 

Financial Markets and Economy

Why the global risks for companies are growing (Market Watch)

As the size, scope and array of risks increase world-wide, companies need better ways to forecast possible threats. Better ways to respond, too.

Cyberattacks, a phenomenon whose impact isn’t yet fully understood, are just one facet of a world that is more interconnected and interdependent than ever.

Currency Market on Alert for Yen Intervention Amid Brexit Strife (Bloomberg)

A potential U.K. exit from the European Union next week may have far-reaching implications for the $5.3 trillion-a-day currency market. Add to that list Japan’s currency strengthening to levels that spark speculation about central bank intervention to counter the move.

The man who accurately predicted 4 market crashes told us 3 more dates to worry about this year (Business Insider)

The man who accurately predicted four market crashes to the exact date each time has told Business Insider about three more dates to worry about.

‘Brexit’ could be yet another blow to U.S. earnings (Market Watch)

Shares of U.S. companies with a higher-than-average reliance on British sales could face a rude awakening should the U.K. vote to exit the European Union on Thursday.

UK's 'In' camp rises in poll as Brexit economy worries grow (Reuters)

Support for Britain staying the European Union has grown, restoring a narrow lead for the "In" camp ahead of Thursday's referendum on whether the country should stay in the bloc, an opinion poll published on Saturday showed.

The world's largest investor is trying to break down the wall between you and your money (Business Insider)

Impact investing – that is, investing with a cause in mind – is becoming increasingly popular.

Flying the flag.Beijing proved this week that it’s trying to control the global economy, which is why it never will (Quartz)

As China’s domestic economy slows down, leaders in Beijing have repeatedly pledged to transition to a services-led economy and continue opening up their capital markets to foreign investment.

Although China is the world’s second-largest economy and still growing much faster than the rest of the world, foreign investment has stalled and the country’s stock markets have limped along since last year’s crash.

Canada and the 'Resource Curse' (Bloomberg View)

If you want a diversified, resilient economy, don't get hooked on oil. The resource curse wreaked havoc on Russia, Venezuela and Nigeria, and Noah Smith warns an oil-dependent Canada wouldn't be immune to the threat.

History Gets Lost In The Charts (The Irrelevant Investor)

Benjamin Roth began writing a diary in 1931 that detailed his experience during The Great Depression. He would continue documenting his life- 14 handwritten notebooks- until he died in 1978.

There Is No Such Thing As Trading Psychology (Trader Feed)

I'd like to advance a principle:  The values and emotional/behavioral patterns that we enact in our trading inevitably reflect those we live outside of our trading. Who we are as a trader never strays too far from who we are as people.  In that sense, there is no such thing as trading psychology.  

Politics

Trump's Hands Are Weapons of War (The Atlantic)

If you were watching a television set in Maryland, D.C., or Virginia last Thursday evening, you would have seen the first ads from a group calling itself Americans Against Insecure Billionaires With Tiny Hands (AAIBWTH). Needless to say, the organizers of this political action committee are no fans of Donald Trump: the ad calls into question Trump’s fitness to be commander in chief, given what is rumored to be his set of preternaturally small hands.

Bernie's best: a brief history of the Sanders revolution's biggest moments (The Guardian)

Sanders’ campaign really took off in August last year, four months after his announcement that he would run for the presidency. Packing out the Moda Center in Portland, Oregon, he lambasted income inequality and Wall Street to 28,000 supporters in what was becoming his characteristic fashion. “All across this country, people are sick and tired of establishment politics, establishment economics, and they want real change," he said in Seattle. "The people of America understand that corporate greed is destroying our country.” 

Technology

undefinedNASA will test an experimental hybrid X-plane with 14 electric motors (The Verge)

NASA is still testing wild new wing technologies to improve energy efficiency in flight. The agency announced yesterday that it is conducting research on a unique wing design that uses 14 electric motors. The experimental aircraft it's designing is called X-57, otherwise known as "Maxwell."

Https%3a%2f%2fblueprint-api-production.s3.amazonaws.com%2fuploads%2fstory%2fthumbnail%2f12049%2fmincprConcept MINI Cooper looks like a space shuttle on wheels (Mashable)

The MINI Cooper gets a decidedly futuristic new look in a video released this week for a concept vehicle the company calls MINI Vision Next 100

What's immediately apparent is that the car is personalized for each user, with interactive light messages greeting a new driver on the floor in front of the side door, as well as personalized messages on the dashboard. Once you're ready to get inside, the steering wheel and gas/brake pedals slide over to your side of the door for convenience.

Health and Life Sciences

Steps to Turn Off the Nagging Self-Doubt in Your Head (Wall Street Journal)

Think of the last time you told yourself something critical or negative. Then think of the last compliment you gave yourself.

Which is easier to remember?

Life on the Home Planet

A woman mourns at an impromptu memorial for the victims of the mass shooting, Orlando, Fla., June 14. After Orlando, a Long War (Wall Street Journal)

The massacre at a gay nightclub in Orlando—the worst act of terrorism on American soil since the attacks of 9/11—had barely ended when the debate over its significance began. As usual, the political class divided into competing camps, with liberals predictably claiming that the real issue is gun control and conservatives just as predictably claiming that the real issue is radical Islam. There wasn’t even agreement over whether this was a hate crime or an act of terrorism. (Why couldn’t it be both?)

Angkor WatMysterious earth mounds discovered by lasers at reveal hidden Cambodian cities of Angkor Wat (The Telegraph)

An extensive network of ancient cities has been discovered in the Cambodian jungle around the ruins of Angkor Wat, the largest religious monument in the world.

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