🚀 Tesla has just disclosed its Q2 financial results, and the gross margin dropped further to 18.2% 📉 compared to 25% a year ago. Though total automotive revenues in Q2 2023 were higher than Q1 2023, they remained smaller than Q4 2022 ⚙️. Following the financial report, Tesla shares took a hit, declining by 4.18% […]
Tesla’s Q2 Financial Results: Margins Dip and Shares Tumble 📊😢 Read More »
Pissarides received the Nobel Prize in Economic Sciences in 2010 for his research on unemployment. It would be wise for the Federal Reserve to take heed of his insights and recommendations. Source: https://www.cnbc.com/2023/07/14/fed-interest-rates-nobel-economist-sees-no-need-for-more-hikes.html
📊 The Consumer Price Index (CPI) has dropped to 3% year-over-year, signaling a significant monetary tightening. Real interest rates have surged by 1% in just one month, all thanks to falling inflation. 📉⚡️ The trend is apparent, and the Federal Reserve (FED) now faces the risk of recession and deflation if they overtighten. Will they
Assessing the US CPI Trend: ⬇️3% YoY 📉🔀 Further Hike(s) Ahead? Read More »
🌍The disproportionate share of global wealth held by Africa and South America highlights the urgent need to address the glaring disparities in global wealth distribution.💔 Sources: Genuine Impact; Wikipedia
Distribution of Global Wealth Read More »
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