Atlanta Fed GDPNow: April 5, 2023

Latest estimate: 1.5 percent — April 5, 2023 The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2023 is 1.5 percent on April 5, down from 1.7 percent on April 3. After recent releases from the US Census Bureau, the US Bureau of Economic Analysis, and the Institute for SupplyContinue reading “Atlanta Fed GDPNow: April 5, 2023”

Tech Wreck With Odd Todd

Catch the MCI reference? Here’s the Q1 2023 list: Roku: ~100 EA: ~800 Indeed (the irony): ~2200 Amazon: ~9,000 Meta: ~10,000 Atlassian: ~500 House of Elon (aka Twitter): ~200 Ericksson: ~1,400 DocuSign: ~700 iRobot: ~85 Twilio: ~1,400 Yahoo: ~1600 GitHub: ~300 eBay: ~500 Zoom: ~1,300 Dell: ~6,650 PayPal: ~2000 Groupon: 500 SAP: 3,000 IBM: 3,900Continue reading “Tech Wreck With Odd Todd”

Starlink Becoming a Military Target in the SMO

Starlink is a satellite internet constellation operated by SpaceX, providing satellite Internet access coverage to over 50 countries. It also aims for global mobile phone service after 2023. SpaceX started launching Starlink satellites in 2019. As of February 2023, Starlink consists of over 3,580 mass-produced small satellites in low Earth orbit (LEO), which communicate withContinue reading “Starlink Becoming a Military Target in the SMO”

Tom Luongo and The Duran on The Fed-Davos War – Short BlackRock Edition

Tom Luongo and The Duran Or, if you want the condensed version, here’s Mark Wauck with his summary: https://meaninginhistory.substack.com/p/more-on-the-fed-davos-war Alex Mercouris starts it off by asking two questions: Is this banking crisis serious? and Where is the weakness–in Europe or in the US? Luongo: It’s not so much one or the other, it’s the questionContinue reading “Tom Luongo and The Duran on The Fed-Davos War – Short BlackRock Edition”

No Retreat No Surrender

Armstrong Economics: https://www.armstrongeconomics.com/markets-by-sector/interest-rates/the-fed-does-not-back-down/ The Fed Does Not Back Down COMMENT: Marty, it’s refreshing to have Socrates that is totally unbiased. It projected continued rising rates into next year and the Fed just proved its point. It is not backing down. Thank you. Socrates is very enlightening. GS ANSWER: I know there were a lot of talks thatContinue reading “No Retreat No Surrender”