Day: December 8, 2024

Individual investors have rarely been so confident about the market.

46% of US individual investors believe there is less than a 10% probability of a market crash over the next 6 months, the highest share since June 2006. The percentage has DOUBLED over the last 2 years, according to the Yale School of Management survey. In other words, investors are the least worried about the stock market in 14 years. This comes as the S&P 500 has rallied ~50% since it bottomed in October 2022. On the other hand, investors believe the market is now the most overvalued since April 2000, a month after the Dot-Com Bubble popped. Euphoric market sentiment is through the roof. https://preview.redd.it/irfu2sv4wo5e1.png?width=900&format=png&auto=webp&s=fdbff1bed12cbaafdbb3e2e963b2ce8f6613559f submitted by /u/Pllover12 [link] [comments]

Oil market: Pressure among OPEC+ member mounting?

Bloomberg: OPEC+ has decided to delay any increase in oil production until April, extending the current reductions across its member countries. This move, aimed at stabilizing oil prices, may not achieve its intended effect. By constricting supply, OPEC+ risks losing market share to non-OPEC producers, particularly those in the United States. Indicative of this shift, the U.S. oil rig count, often seen as a barometer for the industry’s health and activity, rose by 5 last week, totalling 482. Concurrently, U.S. crude oil production surged to a record high of 13.513 million barrels per day, underscoring the increasing output capacity of non-OPEC countries and the complex dynamics at play in the global oil market. submitted by /u/Denchock [link] [comments]

⌛️Master the clock — Master the market.The forex market never sleeps, but do you know when it comes alive? Every hour carries opportunities, but only those who understand the rhythm of global trading sessions can seize them.

⌛️Master the clock — Master the market⌛️ 🔥 The forex market never sleeps, but do you know when it comes alive? Every hour carries opportunities, but only those who understand the rhythm of global trading sessions can seize them. 📕 Discover why Tokyo sets the tone, London dominates, and New York drives the action. These aren’t just trading hours but the key to mastering the market. Are you ready to redefine your strategy submitted by /u/Yuriy_UK [link] [comments]

Global manufacturing activity is contracting: The share of countries where the Manufacturing PMI index is shrinking hit 59.4% in November.

TKL: In other words, the manufacturing sector is in recession in 21 out of 36 major economies. The most weakness has been seen in the Eurozone where manufacturing PMI fell to 45.2 points and has been contracting for 29 straight months. This has been primarily driven by weakness in Germany and France, the two largest EU economies. In the US, the manufacturing PMI index has contracted in 25 out of the last 26 months, the longest streak since the 2008 Financial Crisis. The manufacturing sector is struggling globally. submitted by /u/XGramatik [link] [comments]

Markets&Mayhem: It doesn’t get weirder than this. A Goldman Sachs-owned fertilizer company that makes its product by recycling sewage is seeking legal indemnity. Why?

Because their product contains 32-types of forever chemicals and is linked to growing rates illness among consumers. Some of these agents used as fertilizers are straight up industrial waste products, like this textile factory-derived sludge used in South Carolina that was linked to sickening residents due to water contamination. submitted by /u/XGramatik [link] [comments]

The loss of Syria represents a MASSIVE geopolitical and ECONOMIC failure for Russia. Let’s recall the Qatar – Europe pipeline project, which Syria rejected in 2009 under pressure from Russia.

In 2009, Syria declined a proposal for a natural gas pipeline from Qatar to Europe, which would have crossed its territory. The project aimed to transport Qatari gas to Europe via Saudi Arabia, Jordan, Syria, and Turkey. It is widely believed that Russia pressured Syria to block the project, as it posed a direct threat to Russia’s dominance in the European gas market. Instead, Syria expressed willingness to support an alternative pipeline project from Iran, Russia’s ally, to Lebanon via Iraq and Syria. This alternative would have bolstered Iranian and Russian influence in the region. However, this project was never realized due to political instability and the onset of the Syrian civil war. This rejection is often cited in discussions about the geopolitical struggle over energy resources and influence in the Middle East. submitted by /u/XGramatik [link] [comments]

Cybertruck wheels are very fragile.

The spokes on the front wheel are broken and cracks are visible around the center section. The damage to the rear wheel is even worse – the entire rim has broken off from the hub. This is probably due to the cast aluminum the wheels are made from. This makes them more fragile and unable to withstand a car load of 3 tons. submitted by /u/Denchock [link] [comments]

The ChatGPT killer from Elon Musk has become available to everyone.

Now you can use the top neuron Grok without a subscription – here’s what’s available to you right now: • 10 requests of any complexity every two hours. • Generation of 10 pics is better than from Midjourney – without restrictions and censorship. • Upload 3 pics or documents for analysis daily. submitted by /u/Denchock [link] [comments]