Man Is an Animal Who Says “I”, and Trades

Aligning words one after the other in correct grammatical form is not the same as intelligence and rational thinking. We have had two recent examples of artificial intelligence with Open AI’s ChatGPT and with the new AI companion of Microsoft’s Bing. With its reported declarations of love, threats of sabotage, and longing for “power and […]
Market Talk – February 24, 2023

ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 349.16 points or 1.29% to 27,453.48 Shanghai decreased 20.32 points or -0.62% to 3,267.16 Hang Seng decreased 341.31 points or -1.68% to 20,010.04 ASX 200 increased 21.60 points or 0.30% to 7,307.00 Kospi decreased 15.48 points or -0.63% to 2,423.61 […]
Fed can’t tame inflation without more rate hikes, paper says

The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, January 26, 2022. Joshua Roberts | Reuters The Federal Reserve is unlikely to be able to bring down inflation without having to raise interest rates […]