Entries by The Trend Letter

‘Come here often?’ – Sex with Robot conference cancelled

From Quartz… Love, it’s been said, is a battlefield. And the possibility of future relationships between humans and robots is stirring up hostile emotions in some people. Last month, an internet campaign was launched to prevent any robo-human relationships in the making, and a Japanese robot company told users that having sex with its robots […]

The vice president of the Maldives allegedly tried to kill the president last month

From Quartz… Police in the Maldives have arrested Ahmed Adeeb, the country’s vice president, on charges of treason, alleging that he was involved in plotting an explosion that could have killed president Abdulla Yameen Abdul Gayoom in September. (The president is commonly known as “Abdulla Yameen.”) Though the president was not hurt in the blast, […]

Mexico Quake Hits

From Quartz… The strongest hurricane ever seen in the western hemisphere hit Mexico last night (Oct. 23), with residents and aid groups bracing for massive destruction from high winds that are expected to cause flooding, landslides, and damage from flying debris. The eye of Hurricane Patricia made landfall 55 miles (85 kilometers) west-northwest of the […]

US oil settles down 2.4%; 3rd-straight daily loss

From Reuters… Oil prices slid for a third-straight session on Wednesday on worries over rising U.S. crude stockpiles, although a larger-than-expected drawdown in gasoline and distillates tempered the market’s bearish sentiment. U.S. crude oil inventories rose 8 million barrels last week, the government-run Energy Information Administration (EIA) reported. The build was more than double the […]

Headlines

Global stocks slip as earnings, China weakness weigh. Read story Oil touches 3 week low, as over supply worries deepen. Read story China capital outflows top $500 billion. Read story US dollar gains versus emerging market currencies. Read story  US debt wrangling could cause ‘accident’: Treasury’s Lew. Read story Puerto Rico breaks off talks with […]

At least 30 involved in VW diesel cheat

According to  German news service Seigel, at least 30 managers were involved in Volkswagen’s  emissions test cheating, German magazine Spiegel reported on Wednesday, citing internal and external investigations. VW’s U.S. Chief Executive Michael Horn last week blamed “a couple of software engineers” for installing the software that defeated emissions tests and said it was not a […]

Putin says US & Allies have “oatmeal in their heads”

Some of Russia’s international partners have “oatmeal in their heads” because they don’t understand clearly that its military campaign in Syria seeks to help the fight against terrorism, President Vladimir Putin said. Russia notified the U.S. and the European Union in advance “out of respect” that it intended to begin airstrikes against Islamic State and […]

Goldman Sachs calls for Oil capitulation

Goldman analyst Currie (see video link below), says that in the aftermath of over-production booms where easy credit has spurred wild-eyed speculation, durable price bottoms are not reached until ‘believers’ capitulate, throw in the towel on rebound bets, and finally move whatever capital they have left to the sidelines or other sectors. So far we […]

Headlines – Oct 12/15

Wall St flat as investors wait for bank earnings. Read story US dollar falls to three week low on rate-hike doubts. Read story China stocks, Yuan jump in heavy trade on stimulus hope. Read story Emerging markets urge Fed to raise rates & end uncertainty.  Read story Bond market casualties leading biggest S&P revival since […]