Uranium: Following Suite of Commodities Growth
The price of raw uranium, known as yellowcake, has risen to its highest level since 2014, driven by a newly launched investment trust run by Canadian asset management company Sprott.
China’s Financial Regulator Ordered Ant Group’s Alipay to Uncover its Lending Business and Disclose Borrowers
Official Beijing plans to break up Ant Group’s Alipay and create a separate application for the fintech giant’s loans business.
More Covid Cases in the U.S. among Returning to Schools Children
According to the Washington Post and some other top media, as millions of American students return to classrooms, the U.S. is facing its most significant pediatric COVID-19 surge yet, with a record number of American children now having been tested positive for the virus every week, with nearly 252,000 children in the U.S. tested positive for COVID-19 only during the first week amid the back-to-school season.
Mercedes-Benz launches EQB, up-to-7-seat electric SUV to compete against Tesla Model Y
Mercedes-Benz is launching today the EQB, an electric SUV with up to seven seats, ahead of the IAA Mobility show in Germany.
Hydrogen fuel cell planes are showing promise
The global market-based measure adopted in October 2016 by the countries of the International Civil Aviation Organization will limit the net carbon emissions of international flights between participating countries for the years 2021-2035.
U.S. Inflation Running Twice Fed’s Own Target
The U.S. Office of Management and Budget on Friday revised its inflation outlook for Q4 2021 upward to 4.8%, more than twice the 2% level forecast in May, after the Commerce Department reported consumer prices in July grew more than 4% from a year ago.
Micron Low Market Valuation is not Justified Eyeing Protracted Computer Component Shortages
Chipmaker Micron’s stock could prove to be a strong catch-up trade as a recent WSJ article suggested “Western Digital in Advanced Talks to Merge With Kioxia in $20 Billion-Plus Deal”.
New Zealand Abruptly Locks Down after One Delta Positive Person Tested. Kiwi under Pressure
New Zealand has entered full lockdown mode after recording its first case of the delta variant.
Aluminum: Too Common and Apparent to Overlook!
An interesting investment idea is hidden in the periodic table under the lucky number 13.
Monster Energy is not Your Casual Can of Coke
Last week, Monster Energy (MNST) saw a +1,000% increase in search traffic from institutional advisors.
Being Fans of Electric Vehicles, Norwegians Still See Nothing Wrong about Oil
Norwegians own a record number of electric vehicles per capita in the world. But their passion for Tesla and Audi products does not prevent them from loving oil.
Whether Drop in U.S. Retail Sales in July Indicate Fed’s Tapering Would be Inappropriate?
U.S. retail sales fell in July by more than forecast, reflecting a steady shift in spending toward services and indicating consumers may be growing more price conscious as inflation picks up.
U.S. Homebuilders No Longer Sure What To Do Even As Lumber Prices Crashed
NAHB Homebuilder Confidence crashed from 80 to 75 in August. That is a 13-month low (July 2020).
MP Materials – a Rarely Apparent Answer to Commodity Shortage on U.S. Market
There’s a massive commodity shortage looming for metals critical to the U.S.’s national security.