The Fed
Central banks are tightening liquidity.
Global liquidity is tightening again after being affected by the banking crisis in the first quarter.
The European Central Bank may accelerate its so-called quantitative tightening (QT) pace in July.
The US money supply continues to decline, and liquidity is a very important leading indicator that should be closely watched.
The Economy
The Richmond Fed survey was release...

Tesla's profit dropped 24% with margin compressed after global price cuts
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Key Takeaways:
Attitude: Tesla sees 2023 as a unique opportunity. As many carmakers are working through challenges with the unit economics of their EV programs, Tesla aims to leverage its position as a cost leader. The management pointed out that the current macro environment remains uncertain....

Due to concerns regarding safety and privacy, access to ChatGPT has been blocked in several regions and firms.
Italy's move to temporarily ban ChatGPT has inspired other European countries to study if harsher measures are needed to rein in the wildly popular chatbots.
Privacy regulators in France and Ireland have reached out to counterparts in Italy to find out more about the basis of the ban. Germany could follow in Italy's footsteps by blocking ChatGPT over ...