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In this week’s recap, the UK market lost its position as Europe’s most-valued, due to fears of a recession in the kingdom & surging sales at French luxury goods makers thought to be behind the shift. US markets ended slightly lower.

In political news, G20 pushes vaccine passports to “facilitate” future international travels. Trump is aiming become 2nd commander-in-chief ever elected to 2 nonconsecutive terms after Grover Cleveland late 19th century. Republicans also secure a majority in the House of Representatives.

In economic news, US home sales fell nationwide for the 9th consecutive month in October. High mortgage rates (over 7%) & persistently high prices continue to push buyers out. Layoffs spreading through US Big Tech.

On Wednesday, Elon Musk said he had extended his time at Twitter & eventually will find a new leader to run it. He hoped to complete an organizational restructuring this week. Tesla investors are increasingly concerned about the time Musk is devoting to turning around Twitter.

According to the projection by the UN, the baby born somewhere will be the world’s 8 billionth person; Fake news Russian missiles landed in Poland actually from Ukraine; Elon Musk Just Revealed That Spacex Keep Detecting Something Massive During Their Missions.

The post November 20: Digital Dollar is here, Health Passports for Travel, Elon Musk Detecting “something MASSIVE” (Recap Ep202) appeared first on Investing & Day Trading Education: Day Trading Academy.

In today’s Recap, despite the terrible cryptocurrency scenario brought on by the bankruptcy of the FTX exchange, we finally have some positive news on inflation as it came in under what was projected; Europe is still having trouble meeting its energy demands for the next winter.

The cryptocurrency market plunged on Tuesday after the 2 biggest crypto exchanges in the world, Binance & FTX, came to a merger agreement to fix the latest reported “liquidity crunch”.

Total cryptocurrency market worth $849.26B, down from all-time high of $3.1T, 50 weeks ago; On Monday, Irish airline Ryanair, Europe’s largest by passenger numbers posted its largest ever profit for its summer season.

The post November 13: Crypto Bloodshed, Marvelous Inflation News, Europe still screwed (Recap ep201) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this week’s recap, the main news is the Fed raising interest rates again, pushing breaks more challenging economy in an effort to slow inflation. US markets ended negative for the week, and international markets ended mostly positively. Also, commodities and bitcoin finished positive this week.

Labor Dept Fri US added +261K jobs in October & unemployment rate rose to +3.7%, with labor participation falling to 62.2%. The labor market shows other signs of slowing under the pressure of high prices, stubborn inflation, rising interest rates & weakening global economy.

Twitter temp closed offices & cut workers’ access to internal systems Friday after telling employees they would be informed by email later in the day that they were being laid off, looking to cut around 3,700 Twitter staff (50% of the workforce).

Netanyahu won Israel’s PM; in Brazil on Sunday, Luiz Inacio Lula da Silva narrowly defeated Bolsonaro; China saw factory activity unexpectedly fall in October; scientists discovered reservoir water 3X volume of all oceans beneath the Earth’s surface; the Reserve Bank of Australia raised interest rates by 25 basis points to 2.85%.

The post November 6: The Fed Is going to destroy everything (Recap Ep200) appeared first on Investing & Day Trading Education: Day Trading Academy.

The middle class will be most impacted by the interest rate increase and price increases, according to Marcello’s recap of th week. Elon Musk ultimately succeeded in acquiring Twitter, and Kanye West has been dropped by numerous firms due to some antisemitic comments.

Elon Musk has finally taken ownership of Twitter with business efficiency, quickly firing top executives as he moves forward to achieve the agenda he has outlined for the influential social media platform. “The bird is freed,” he tweeted after he completed his $44B acquisition Thursday, referencing Twitter’s bird logo in an apparent nod to his desire to see the company have fewer limits on content that can be posted, but the full restructuring of the firm will take time. He has said a downsizing of up -75% of the present headcount will occur.

The European Central Bank announced a 75-basis-point interest rate hike this week, its 3rd consecutive increase this year, while also scaling back support for European banks. Thursday’s rate hike takes the ECB’s main benchmark from 0.75% to 1.5%, a level not seen since 2009, before the sovereign debt crisis. It comes after the central bank raised rates by +0.50% basis points in July & +0.75% in September.

Shares of U.S. tech giant Apple surged nearly +8% on Friday at $156.00, in the best single day since 2020.

The post October 30: Kanye West Canceled! Elon Musk buys Twitter, Middle Class being destroyed US (Recap ep199) appeared first on Investing & Day Trading Education: Day Trading Academy.

In today’s Recap, Marcello talks about how October is on track to be the worst month to date for digital assets that have been stolen through hacking; Another significant communication cable has been cut in France, affecting thousands of users around the world; According to the IMF, the use of CBDC would let governments control what people spend money on.

Liz Truss has become the shortest-serving U.K. Prime Minister & the 1st since Winston Churchill to serve 2 monarchs when she resigned on Thursday, after just 45 days in power. Truss saw her leadership flounder after the introduction of her mini-budget, calling for big spending to help with the surge in cost of living, while at the same time proposing a number of big tax cuts. She will remain Prime Minister until a successor is chosen, but will go on record as the shortest-serving premier in the 300-year history of the office.

The state of Arizona is refusing the federal government’s demand to take down double-stacked shipping containers it placed to fill gaps in the wall along the U.S.-Mexico border; U.S. home building fell more than expected in September; Japan will impose additional sanctions against North Korea by freezing assets of groups involved in the development of missiles.

The post October 23: Record HACK in crypto, Internet Cable Cut, IMF Admits control with CBDC (Recap ep198) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this week’s recap, Marcello talks about how Germany and Poland are allowing citizens to burn trash for heat; inflation persists. Pepsico is a prime example. Its prices have risen by 17% year on year; the real estate market is suffering as a result of central banks’ conservative policies.

Russia launched cruise missiles on Ukrainian cities on Monday in what the U.S. called horrific strikes, killing civilians & knocking out infrastructure & utilities, with its most widespread air attacks since the start of the war on February 24. 1000’s of residents were forced to flee to bomb shelters, as air raid sirens rang out through the day. The barrage of dozens of cruise missiles were fired from air, land & sea.

The UK’s economy is set to go into recession as data showed it unexpectedly shrank in August; Euro-zone industrial production soared in August way beyond expectations, as manufacturers boosted investment, despite worries of an upcoming recession; President Zelenskiy will ask the leaders of the G7 group of nations to urgently supply Ukraine with air defense weapons; Rivian Automotive recalled nearly all its vehicles.

The post October 16: Europe Burns Trash for Energy, Inflation persists, Real Estate Market collapses (Recap ep197) appeared first on Investing & Day Trading Education: Day Trading Academy.

In today’s Recap, Marcello talks about Elon Musk retaking his project of acquiring Twitter; the U.S. government has bought millions of dollars in antiradiation pills, Is it a coincidence?; and the bridge connecting Crimea and Russia has been blown up in an escalation of the conflict between Russia and Ukraine.

U.S. President Biden’s stark warning Thursday evening that the world faces the highest prospect of nuclear war in 60 years was not based on any new intelligence about Russian President Putin’s intentions or changes in Russia’s nuclear posture according to government officials. The U.S. still has seen no viable evidence that Putin is moving toward using Russia’s nuclear capability, nor is there any intelligence showing he’s decided to do so.

Oil prices jumped to a 5-week high on Friday; Florida state officials have warned that firefighters have battled a number of fires caused by electric vehicle (EV) batteries waterlogged from Hurricane Ian; A U.S. tourist smashed no fewer than 2 ancient Roman sculptures into pieces at the Vatican; South Korea’s core inflation, which excludes food & energy prices, could peak in October as demand slows, due to higher prices & rising interest rates; North Korea on Tuesday fired a ballistic missile over Japan for the first time in 5 years.

The post October 9: Elon Musk Buys Twitter Again! US Govt buys anti radiation pills, Ukraine blows up Russian Bridge (Recap ep196) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this week’s recap, Marcello tells us about how the IMF has some ideas about also pursuing a digital SDR mechanism; Forbes reports that Zuckerberg lost more than half his fortune and dropped from #3 on The Forbes 400 list of the U.S.’ wealthiest people to No. 11; and Hurricane Ian has caused significant damage to Florida, North and South Carolina’s infrastructure.

Florida, North & South Carolina faced a massive clean-up on Saturday, from the destruction wrought by Cat 4 Hurricane Ian, after 1 of the most powerful storms ever to hit the U.S. mainland, caused 10’s of billions of dollars in what is being described as catastrophic damage & losses to infrastructure. Over +1.6M homes & businesses were still without power in the Carolinas, Florida & Virginia, although millions more have already seen their power restored. Insurers in Florida braced for a hit of between $28B & $47B, in what could be the costliest storm, since Hurricane Andrew in 1992.

Shares of U.S based Nike fell -12.81% on Friday; The Dow had its lowest closing since March 2020.

The post October 2: New World Order crypto coin, Zuckerberg loses $76 Billion, Hurricane Ian causing Food Shortages? (Recap ep195) appeared first on Investing & Day Trading Education: Day Trading Academy.

In today’s Recap, Marcello talks about the negative results of the markets overall; Tesla is “recalling” some vehicles to fix a bug on them; and Russia is said to be ready to use nuclear weapons if necessary.

Electric vehicle manufacturer Tesla is recalling nearly 1.1M U.S. vehicles because the window automatic reversal system may not react correctly, after detecting an obstruction, thus increasing the risk of injury. The National Highway Traffic Safety Administration was told that Tesla will perform an over-the-air software update of the automatic window reversal system. The recall covers some 2017-2022 Model 3, 2020-2021 Model Y, & 2021-2022 Model S & Model X vehicles.

Interest rates rose sharply this week in the U.S.; Uganda confirmed 7 cases of Ebola; Spain’s energy minister said on Thursday, that the capacity of a Spanish-French gas pipeline has been increased & can be used immediately if needed.

The post September 25: Stock Market Massacre, Tesla Recalls Vehicles, Russia Threatens Nuclear War (Recap ep194) appeared first on Investing & Day Trading Education: Day Trading Academy.

In this week’s recap, US & international stock markets remained negative, as investors brace for interest rates to keep rising rapidly. FedEx warns about the overall health of the U.S. economy with its dropped guidance. FedEx shares were down -21.65% at $160.52. Goldman Sachs warning further -27% drop S&P could be coming if inflation hawks are right.

Inflation continues damaging US economy: Total US debt reaches 31 trillion; US inflation rose more exp in August +8.3% over the past year; US Grocery Prices Up 13.5% YoY; U.S. mortgage rates hit 6% for the 1st time since 2008; total consumer debt rose another $23.8B July to a record $4.644 trillion.

Uzbekistan signed deals worth $16B with China & $4.6 B with Russia during the Central Asian nation for the Shanghai Cooperation Organization summit. Deals with China include the construction of the China-Kyrgyzstan-Uzbekistan railway, while projects with Russia are in machinery, chemicals, petrochemicals & geology sectors.

Fighting erupted again between Armenian/Azerbaijan; agreement with railroads and unions avert a potential rail shutdown; glaciers now experiencing the most severe melting on record; Gautam Adani now surpassed Jeff Bezos becoming the world’s 2nd richest person; Bezos, Musk, Zuckerberg, and other billionaires lost billions of dollar during Tuesday stock market crash.

The post September 18: UK Banks limiting withdraws? FedEx collapses everything, Consumer Debt Explodes (Recap Ep193) appeared first on Investing & Day Trading Education: Day Trading Academy.