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A ‘Megathreat’ to the U.S. Economy

Profit Sector Research by Profit Sector Research
April 1, 2023
in Saturday Digest
0
A ‘Megathreat’ to the U.S. Economy

You rely on The Profit Sector to bring you the most honest and profitable investment advice around. We do that every day. But there are so many fascinating things happening worldwide that we can’t cover it all.

Some of them are revelatory, some of them are practical, and some of them are just plain bizarre.

Here are a few things we discovered this week that were not fit to print.


Why 500,000 People Are Lining Up to Watch Paint Dry

Martijn Doolaard, a semi-hermit Dutchman who has turned the slow, steady process of Alpine-cabin restoration into a masterpiece of performance art.

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Daylight Savings is Ruining The Economy

It’s a form of therapy—an antidote to modern life, online and off. It’s a small, carefully ordered world they can return to week after week.

Read on…


The American Mall’s Long Goodbye

Our malls still sputter along, but they feels like a genuine retail graveyard. Chillingly bare, with more darkened displays than open doors.

How did such a vaunted American institution end up this way?

Read on…


Elon Musk, Tech Leaders Call for Pause in ‘Out of Control’ AI Race

Some of the biggest names in tech are calling for artificial intelligence labs to stop the training of the most powerful AI systems for at least six months, citing “profound risks to society and humanity.”

Read on…


How Big Tech Camouflaged Wall Street’s Crisis in March

The fate of the S&P 500 index often comes down to just two companies: Apple and Microsoft. 

More than $15 trillion in assets, from pension funds and endowments to insurance companies, are linked to the performance of the S&P 500 index in some way, according to S&P Dow Jones Indices, with more than 10 cents of every dollar allocated to the index flowing through to Microsoft’s and Apple’s valuation.

The S&P 500 was on track to end the month about 2 percent higher. Apple and Microsoft accounted for more than half of that gain.

Read on…


A ‘Megathreat' to the U.S. Economy: Dr. Doom on the Fed’s Rate Hikes

Nouriel Roubini was among the commentators who predicted the collapse of the housing bubble and the subsequent 2008 financial crisis. Now he has another warning…

“Now, we're entering a recession and financial instability. We're having to raise interest rates because inflation is too high. We get inconsistency in a trilemma. We cannot achieve price stability, maintain economic growth, have financial stability at the same time. So eventually…economic and financial crash.”

Read on…

Related Posts

  • Daylight Savings is Ruining The Economy
  • Confused About the Economy? That's Okay, Everyone Is.
  • Fear of Catching Covid Has Cost U.S. Economy $250 Billion This Year
Tags: Apple (Nasdaq: AAPL)Artificial IntelligenceChatGPTElon MuskMartijn DoolaardMicrosoft (NASDAQ: MSFT)Nouriel RoubiniThe Fed
Profit Sector Research

Profit Sector Research

The Profit Sector aims to simplify your investing and ensure short and long-term returns without resorting to the whack-a-mole game of today’s investment fads. As John Maynard Keynes said: “Markets can stay irrational longer than you can stay solvent.” We’re here to make sure you have the calm, rational information you need to explore every sector of the market, from high-yielding dividend stocks to new markets in energy to volatile markets like cryptocurrencies and biotech. Our team has decades of experience in investing, finance, and the dark side of financial marketing. We’ve seen it all and are honored to share what we’ve learned as we navigate the uncharted territories ahead of us.

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Protected by copyright laws of the United States and international treaties. This website may only be used pursuant to the Terms and Conditions and any reproduction, copying, or redistribution (electronic or otherwise, including on the World Wide Web), in whole or in part, is strictly prohibited without the express written permission of The Profit Sector, LLC. 415 1st Ave N #19868, Seattle, WA 98109

© 2024 The Profit Sector, LLC. All rights reserved. Our website provides stock market research, commentary, and analysis. Information is provided “as is” and solely for information purposes, not for trading purposes or advice.

Nothing on this website should be considered personalized financial advice. Any investments recommended herein should be made only after consulting with your personal investment advisor and only after performing your own research and due diligence, including reviewing the prospectus or financial statements of the issuer of any security. The Profit Sector, its managers, its employees, affiliates and assigns (collectively "The Company") do not make any guarantee or warranty about the advice provided on this website or what is otherwise advertised above. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. The Company is not affiliated with, nor does it receive compensation from, any specific security. To the maximum extent permitted by law, the Company disclaims any and all liability in the event any information, commentary, analysis, opinions, advice and/or recommendations provided herein prove to be inaccurate, incomplete or unreliable, or result in any investment or other losses.

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