Will there be a global financial crisis due to U.S. bank failures?

2023-03-29 11:59:43

No, the U.S. financial system is stable, but bank stocks will fall

Next week the Fed will decide whether to raise rates or not. If the rate is lowered it will be a blow to the dollar, if it is raised it will be a blow to the banks. Most bank analysts are predicting that the rate will go up because it is more important to save the dollar. The report will be published in 3 weeks after the meeting, i.e. at the end of April. It also coincides with the publication of Q2 reports. After that there will be an avalanche of falling stocks of banks and technology companies.

In 2 months you have to sell stocks of banks and technology companies or play the downside

The outlook for the US banking system is negative

A leading technical analyst has just warned that comments from Fed Chairman Jerome Powell this week could trigger an asset sell-off

Bank of America analyst warns clients that recession shock is on the horizon

Goldman analysts no longer expect Fed rate hike in March after SVB failure

U.S. government steps in and says people with funds deposited at SVB will be able to access their money

Why did Google rent computing power in Elon Musk's data center?

2026-07-27 05:25:27

To slow down the development of xAI AI, the competitor is now spending part of its infrastructure and operational resources on Google tasks.

Google has repeatedly used cooperation with competitors to its advantage. She buys computing power from xAI. The competitor receives money, but at the same time part of his resources is working on the maintenance of Google services, and not solely on the development of his own products. Now the xAI AI will develop more slowly. This will lead to the fact that xAI's AI will be one of the weakest in the market and will not compete with Google's AI. Before her, a similar deal was concluded by Anthropic, leasing the entire Colossus 1 cluster. By that time, xAI had already transferred the training of its models to the newer Colossus 2.

Let's recall Firefox. Google has effectively made Mozilla dependent. While Firefox was losing users in competition with Chrome, Mozilla's revenue was increasingly dependent on Google's multimillion-dollar payments for default search. As a result, the browser, which was supposed to be Chrome's main competitor, turned out to be financially dependent on the company it competes with.

What to expect from Trump?

2024-11-29 08:40:09

Trump will impose his demands and end up quarreling with everyone. He has not yet taken office, but has already promised to raise duties on non-American goods. He is expected to resolve the conflict in Ukraine, reduce spending, and escalate the trade war with China. European interests will be completely ignored.

If the U.S. imposes tariffs of 60 percent on all imports from China and raises tariffs on imports from other countries, lowers personal and corporate taxes, and deports millions of illegal immigrants, we can expect lower U.S. output, increased inflationary pressures, and increased market volatility. The U.S. economy has a strong impact on the global economy because of its size: the U.S. accounts for more than a quarter of global GDP. As a result, in the next three years, the growth rate of the world economy will decline by 2-3% per year. With global GDP growing at about 3% per year, it can be assumed that the world will stagnate at best and recession at worst.

Most likely, after his rule, few people will talk to America. Non-U.S. companies will have to look for other markets because they will be pressured by tariffs. South Korea is already subsidizing its chip companies due to the start of Trump's rule.

Why is there no change for the better in Kazakhstan under the new president?

2023-11-16 09:25:30

Nursultan Nazarbayev is gone, but not to the end

Most appointments are made for authoritarian, clan, and patronage purposes. This means that a certain person is appointed to the post of regional akim or minister, not so much because he is good at what he does and has the right level of professionalism and experience, but because he will definitely do what he is told, what the president ordered him to do. Thus, the ministers became extras who simply supported the main character, the president.

In simple terms, in order to give additional opportunities to someone (for example, small and medium-sized businesses, which are currently being talked about a lot), you need to take these opportunities away from those who use them incorrectly or incorrectly. And this already smacks of a redistribution of power. That is, in fact, there is a question of reducing the caste of untouchables and the resources controlled by it.

New Kazakhstan