Global Investing Blog

In today’s recap, Marcello talks about how Australia’s largest bank has limited withdrawals to $667; the city of New York has ordered pizzerias to restrict the use of coal and wood-fired ovens to reduce carbon emissions by up to 75%; Strong protests in France have caused mayhem following the fatal police shooting of a teenager in Paris. Police have been trying to control the situation, but agitated crowds have been causing damage non-stop for the last couple of days. U.S. tech giant […]

In this week’s recap, Marcello talks about the recent events that is making Tesla, the automaker, at the top of the race in the electric vehicle contest; Operator of Texas’s power grid has wasked customers to preserve electricity to prevent blackouts facing the summer heatwave to come; US is the second country worldwide to give a green light on the production of Lad-grown meat. Shares of Tesla surged +5.34% on Tuesday at $274.45 with Rivian being the latest automaker to announce a […]

In today’s recap, Marcello talks about the droughts that are probably going to cause a reduced wheat and corn harvest. The production of electric vehicles generates more greenhouse gas emissions than that of a gas car. The actual banking crisis has already reached levels worse than those of 2008. Silver’s short-term performance has outperformed recent gains in gold. The percentage gain in silver has been almost 3X of that seen in gold since May 26. The U.S. Federal Reserve is taking a […]

In this week’s recap, Marcello talks about a new deadly bacteria that has arrived to the US. This Bacteria is likely to kill upt to 50% of the infected. The government has resumed its brawl against the cryptos by suing Coinbase alleging the company & its co-founder Changpeng Zhao commingled billions of dollars of investor funds with their own & violating securities laws. Harsh climate has reduced the production of several raw materials needed to produce certain foods (like Olive Oil). The […]

In today’s recap, Marcello points out how the government has asigned “emergency phones” to the members of the US Senate; The Panama Canal is being affected by the droughts; Ford has managed to get an agreement with Tesla allowing Ford owners to use Tesla’s superchargers. Members of the U.S. Senate were recently offered satellite phones that will allow them to communicate in the case of a “man-made” or natural disaster, according to a report. Panama Canal imposes shipping restrictions to cope with […]

In today’s recap, Marcello talks about a report presented by the Federal Reserve that reveals that 722 banks in the U.S. are currently insolvent; the IMF says that a digital currency created in Zimbabwe and backed in gold poses a threat to financial stability; and Elon Musk is stepping down as the CEO of Twitter but will remain chairman and CTO. The new CEO will be former NBC Universal advertising chief, Linda Yaccarino. U.S. prices of goods & services remained high in […]

In today’s recap, Marcello goes on to discuss what is occurring with the US financial system and the likely causes for the recent collapse of so many regional banks.Fears of an ostensibly deteriorating economy have caused gold to achieve new record highs. Is AI going to pose a threat to humanity? Hinton, a pioneer of AI, warns the world about its possible dangers. Shares of many U.S. regional banks were in virtual free fall this week through Thursday. As many as 16 […]

In this weekend’s recap, Marcello talks about how Warren Buffet was correct when he predicted that more banks were going to fail. We have now witnessed the three biggest bank failures in history in the last couple of months. Scientists have found tens of thousands of new volcanoes in the ocean thanks to recent satellite imagery. The yuan became the most-used currency in China’s cross-border payments in March, surpassing the U.S. dollar for the 1st time. This development aligns with China’s plans […]

In today’s recap, Marcello talks about how Elon Musk’s SpaceX has successfully launched its new Starship spacecraft and super heavy rocket. The spacecraft exploded mid-air a couple minutes after the blast-off, but the launching exercise was still considered successful. Asian nations are experiencing hot temperatures, which may have an impact on global rice supplies. A new rule from the Biden administration will force U.S. home buyers with good credit scores to pay higher mortgage rates, in order to subsidize loans to those […]