Global Investing Blog

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 […]

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 […]

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 […]

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 […]

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, […]

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 […]

In today’s recap, Marcello reminds us of the quote he usually uses: “Look at what they do, not what they say” when he talks about investing guru Michael Burry, who has liquidated almost all his entire portfolio; another food processing plant has “mysteriously” burned; and a trader just made USD 100 million USD trading Bed Bath and Beyond shares before its collapse. Shares of Bed Bath and Beyond fell. Activist investor Ryan Cohen who co-founded Chewy & is chairman of GameStop, has […]

In today’s Recap, Marcello talks about how some stock markets are climbing; the UK is preparing to do planned blackouts to deal with the energy crisis that might come; New IRS special agents are being hired, and part of their job duties include “carry a firearm and use deadly force, if necessary”. A power outage in Toronto’s downtown core on Thursday, left the offices of Canada’s top businesses dark & forced the evacuation of 1 of the city’s biggest shopping malls & […]

In today’s recap, Marcello talk to us about how the recession is “official” since Q1 and Q2 of 2022 were negative; Tesla said they have sold 75% of all their crypto assets; Hanover, a city in Germany, is shutting off hot water to save energy. They are also shutting off lighting in spotlights on public monuments and turning off fountains. The U.S. is officially in a recession since GDP fell at a yearly pace of -0.9% in Q2, according to the Commerce […]

In today’s recap, Marcello talks about a recent video from NYC Emergency Management that shares important steps for New Yorkers to follow in case a nuclear attack occurs; rent in New York skyrockets; and inflation keeps rising to new levels. Founders of bankrupt crypto hedge fund 3AC have gone missing, as investors try to recoup assets. Lawyers representing 3AC’s creditors say the location of Zhu Su& Kyle Davies are currently unknown. The court filing from Friday also alleges that the founders have […]