Happy New Year! In this first recap of the year, Marcello talks about the great overall performance of the US markets and stocks, with Nvidia reaching +241% due to its heavy presence in the AI scene. A new strain from the last pandemic might be arising and causing a global “heart failure pandemic,” according to some experts. The state of Maine has ruled through its secretary of state, Shenna Bellows, that Trump is constitutionally inelegible on the state’s primary ballot in 2024. […]
Global Investing Blog
December 23: Warren Buffet sells Billions stocks, Another War Middle East, Cybertruck Water package (Recap ep258)
In today’s recap, Marcello talks about how Warren Buffet is selling billions of dollars from his stocks; Another conflict is arising in the Middle East and putting in danger the shipping procedures that go through the Suez Canal; and Tesla is delivering a new water package for its Cybertruck to make it work in water. Argentine President Milei Wednesday signed a decree outlining economic reforms including an end to limits on exports, plus measures to loosen regulations, as his new govt combats […]
December 17: UK Warns of Blackouts, Mark Zuckerberg builds Doomsday Bunker, Coinbase Sues SEC (Recap ep257)
In this week’s Recap, Marcello talks about a warning shared by the UK about possible future blackouts in the country; Mark Zuckerber, the head of Meta, is reportedly building a massive underground bunker and escape hatch inside a $270 million fortress in Hawaii; Coinbase is set to sue the SECfollowing the denial of transparent crypto regulation. Argentina to weaken its peso over 50% to 800 per dollar, cut energy subsidies & cancel tenders of public works, new Economy Minister Luis Caputo announced […]
December 3: Tesla Delivers First Cybertruck, Charlie Munger Dies, Cristiano Ronaldo Sued over Binance (Recap ep255)
In today’s recap, Marcello talks about the first official delivery of Tesla’s renamed Cybertruck, which is now also known as Cyberbeast due to its characteristics and performance; Charlie Munger, Warren Buffet’s friend and business partner, has died at 99 years old; Cristiano Ronaldo, the world-famous football (soccer) player, is being sued for over one billion dollars due to his participation in promoting Binance. Henry Kissinger, the dominant U.S. diplomat of the Cold War era who helped the U.S. open up to China, […]
November 27: Peace Deal, Thanksgiving Meal Up 30%, Freedom for Argentina (Recap ep254)
In today’s Recap, Marcello talks about a 4-day cease-fire agreement between Israel and Hamas to exchange prisoners; Thanksgiving turkey dinner is 30% more expensive since Biden took office. Argentina has elected libertarian Gabriel Milei as its next president, and he promises to change heavily the way the country has been governed over the last decades. The U.S. home device maker iRobot shares surged +39.08% on Friday at $41.48. The jump came after it was reported, that Amazon is about to win regulatory […]
November 12: Elon Musk Drops New AI Grok, McDonald’s Closes San Francisco, Cyber Attacks Increasing (Recap ep252)
In today’s recap, Marcello talks about Grok, the new AI that Elon Musk unveiled. After thirty years, McDonald’s is being forced to close due to an implosion in downtown San Francisco. US Treasury trading was interrupted by an unanticipated cyberattack. U.S. wheat shipments dropped to the lowest ever, interrupted by a shrinking Mississippi River & competition from ample global grain supplies. Drought has dried up the Mississippi, where roughly 2/3 of US grain exports historically have been shipped on barges to the […]
November 5: Tesla pauses Mexico factory, Jeff Bezos moving Miami, Japan bans cancer causing American food (Recap ep251)
In this week’s Recap, Marcello talks about the greenlight that was given to Tesla to build a Gigafactory in Mexico, which is on hold due to concerns about the global economy; Jeff Bezos is moving to Miami; and Japan is banning commercial American cereal snacks that are “causing people cancer”. Danish shipping giant Maersk founded in 1904 shares & a bellwether for global trade, plunged -15.43% on Friday at $7.29, to its lowest level since October 2020, after stating profits will come […]
October 29: Europe require visas for Americans? Elon Musk $1Billion Dickipedia, Israel invades Gaza (Recap ep250)
In today’s recap, Marcello talks about an upcoming must-have permission from Europe for all American citizens planning to visit Europe in Spring 2025. A visa won’t be required, but you would need to apply for permission in advance. Elon Musk has offered $1 billion to Wikipedia to change its name to Dickipedia in the interest of accuracy. Israel has expanded its military ground activity in Gaza. U.S. consumer spending increased more than expected in Sept. at a sharp 0.7%,vs 0.5% forecast, as […]
October 22: War Israel Heats Up, Elon Musk loses $16 Billion, China Beats Europe (Recap ep249)
In today’s Recap, Marcello talks about the escalation of the armed conflict between Israel and Palestine and explains briefly the effects of this confrontation while not taking any sides. Due to the fall in value of Tesla’s stock, Elon Musk has lost $16 billion of its fortune; the Chinese Yuan has surpassed the Euro and became the world’s second most used currency for SWIFT trade settlements. The war between Israel & the Palestinian group Hamas that began Oct 07, has already spilled […]
October 8: War Breaks Out Israel, Tesla Drops Prices AGAIN, Housing Mkt Collapse? (Recap ep247)
In today’s Recap, Marcello talks about the heartbreaking news of the Israeli-Palestinian conflict’s sudden escalation, which resulted in multiple attacks; Tesla’s decision to cut prices once more in an effort to boost sales; and the possibility of the beginning of a housing market collapse as a result of the US’s highest mortgage rates in almost 23 years. Palestinian Islamist group Hamas took Israel by surprise on Saturday, with the biggest attack for decades, a sudden assault by gunmen who crossed into Israeli […]