Enacademic πŸŽ“Analogindex
49 subscribers
77.3K photos
5 videos
249K links
Download Telegram
Your loan rates may plunge if UBS's Fed forecast is correct

With signs of economic slowdown starting to arise, some experts predict the Federal Reserve will cut interest rates big time next year. You can count economists/strategists at UBS in that camp. Lower Fed rates, of course, mean lower rates for your home, auto, credit-card, personal and student loans. The economy grew a hefty 4.9% in the third quarter, but the unemployment rate ticked up to 3.9% in October from 3.4% in April. β€œThe economy proved much more resilient in 2023 than we expected,” the UBS experts wrote in a report. β€œHowever, many of the same headwinds and risks remain, and some of the supports for growth in 2023 subside in 2024.” They expect unemployment to keep rising and inflation to keep falling next year. Consumer prices gained 3.7% in the 12 months through September, down from a peak of 9.1% in June 2022.Rate reductions coming, UBS says β€œWe think that leads the Fed to reduce rates,” the experts said. β€œWe expect growth, inflation and the federal funds rate in 2024 will end up below consensus expectations.” They still are concerned that β€œthe economy is not out of the woods yet.” Among the concerns:β€œcredit and lending standards appear to be tightening,β€œwe continue to see labor market income revised lower,” and,β€œspending looks elevated relative to income, pushed up by fiscal stimulus and remaining there due to excess savings,” the experts said. But waning fiscal stimulus means less growth, they said. β€œHouseholds’ excess savings and solid balance sheets look less solid with every passing month.” The economy has outperformed this year β€œbecause many of these risks failed to materialize,” UBS said. β€œHowever, that does not mean they have been eliminated.” The experts expect β€œsubstantially slower growth in 2024” with the Fed’s federal funds rate ending the year between 2.5% and 2.75%. That’s 2.75 percentage points below the current range of 5.25%-5.5%.Opposing view on rates at Goldman Sachs To be sure, not everyone sees a move that extreme. Goldman Sachs economists predict only one 25-basis-point, or 0.25-percentage-point, rate cut next year. They expect GDP growth to total 1.8%, β€œeasily beating low consensus expectations.” The differing views show just how hard it is to forecast the economy and Fed policy. So it’s wise to stick to a balanced approach in your personal finances. As always, don’t take out any more debt than necessary, and pay off your debt with the highest interest rates first. On the investment front, you generally want a balanced portfolio, including some fixed-income assets β€” unless you’re younger, in which case you can be a bit more aggressive with equities.
Read more...
*Top government official has an answer to the question of alien existence*

The past few months have seen the release of reports on UFOs from both NASA and the Pentagon, in addition to whistleblower testimony before a U.S. Congressional committee in July. The gist of the situation, according to the whistleblowers, is that UFOs are real, they are numerous and they represent a threat to national security. One of these whistleblowers, David Grusch, a former Air Force pilot and U.S. intelligence official, went even further, accusing the U.S. government of being in possession of crashed craft, complete with the "non-human biologic" bodies of their pilots. Another whistleblower, former Navy pilot Ryan Graves, urged the government to take UFOs more seriously, saying: "If everyone could see the sensory and video data I witnessed, our national conversation would change."Related: Why one U.S. official hopes to discover evidence of alien activity In the midst of these claims, the Pentagon's All-domain Anomaly Resolution Office (AARO) has maintained that there is "no credible evidence thus far of extraterrestrial activity, off-world technology or objects that defy the known laws of physics." AARO said in an October report that the bulk of UFO sightings it is currently studying would likely "resolve to ordinary phenomena" with an increase in the quality of data, an area that both AARO and NASA are working on enhancing. Still, the head of the office, Dr. Sean Kirkpatrick, recently told Politico that discovering evidence of alien activity would be better than the alternative. "The best thing that could come out of this job is to prove that there are aliens," Kirkpatrick said. "If we don’t prove it’s aliens, then what we’re finding is evidence of other people doing stuff in our backyard. And that’s not good.” Kirkpatrick announced last week that, after 18 months in the position, he will be leaving AARO by the end of the year. Related: Scientists make an eye-opening announcement about recent alien evidence In answer to the question "Are aliens real?" Kirkpatrick said that the level of the public conversation around a possible alien reality needs to change. From a scientific perspective, he said, the community would agree that it is "statistically invalid to believe that there is not life out in the universe, as vast as the universe is." "The probability, however, that that life is intelligent and that it has found Earth and that it has come to Earth and that it has repeatedly crashed in the United States is not very probable," he added. Kirkpatrick said that the process of looking for signs of life in the wider universe begins very objectively, with sound scientific discourse. As that search moves into the solar system, the conversation, he said, turns into one of science fiction. "And then as you get even closer to Earth, and you cross into Earth’s atmosphere, it becomes conspiracy theory," he said. The bodies of two allegedly non-human mummies were shown during a Mexican Congressional hearing on UFOs in September. Anadolu Agency/Getty Images The public conversation, Kirkpatrick said, needs to move away from unfounded claims of government conspiracies and cover-ups and toward a place of scientific proof and scientific benchmarks. "You have to have a hypothesis," he said. "You have to have measurables with that hypothesis, and then your data has to meet it. And you have to lay that out in a peer-reviewed journal so that you have something to pin it against." Kirkpatrick said his office has investigated more than 30 whistleblower claims so far. But he noted that Grusch has "refused" to speak with AARO. "If he has evidence," Kirkpatrick said, "I need to know what that is."Related: Why Elon Musk wants to see evidence of alien life Get investment guidance from trusted portfolio managers without the management fees. Sign up for Action Alerts PLUS now.
[Read more...](https://www.thestreet.com/technology/aliens-ufo-uap-government-us-pentagon)
Top government official has an answer to the question of alien existence

The past few months have seen the release of reports on UFOs from both NASA and the Pentagon, in addition to whistleblower testimony before a U.S. Congressional committee in July. The gist of the situation, according to the whistleblowers, is that UFOs are real, they are numerous and they represent a threat to national security. One of these whistleblowers, David Grusch, a former Air Force pilot and U.S. intelligence official, went even further, accusing the U.S. government of being in possession of crashed craft, complete with the "non-human biologic" bodies of their pilots. Another whistleblower, former Navy pilot Ryan Graves, urged the government to take UFOs more seriously, saying: "If everyone could see the sensory and video data I witnessed, our national conversation would change."Related: Why one U.S. official hopes to discover evidence of alien activity In the midst of these claims, the Pentagon's All-domain Anomaly Resolution Office (AARO) has maintained that there is "no credible evidence thus far of extraterrestrial activity, off-world technology or objects that defy the known laws of physics." AARO said in an October report that the bulk of UFO sightings it is currently studying would likely "resolve to ordinary phenomena" with an increase in the quality of data, an area that both AARO and NASA are working on enhancing. Still, the head of the office, Dr. Sean Kirkpatrick, recently told Politico that discovering evidence of alien activity would be better than the alternative. "The best thing that could come out of this job is to prove that there are aliens," Kirkpatrick said. "If we don’t prove it’s aliens, then what we’re finding is evidence of other people doing stuff in our backyard. And that’s not good.” Kirkpatrick announced last week that, after 18 months in the position, he will be leaving AARO by the end of the year. Related: Scientists make an eye-opening announcement about recent alien evidence In answer to the question "Are aliens real?" Kirkpatrick said that the level of the public conversation around a possible alien reality needs to change. From a scientific perspective, he said, the community would agree that it is "statistically invalid to believe that there is not life out in the universe, as vast as the universe is." "The probability, however, that that life is intelligent and that it has found Earth and that it has come to Earth and that it has repeatedly crashed in the United States is not very probable," he added. Kirkpatrick said that the process of looking for signs of life in the wider universe begins very objectively, with sound scientific discourse. As that search moves into the solar system, the conversation, he said, turns into one of science fiction. "And then as you get even closer to Earth, and you cross into Earth’s atmosphere, it becomes conspiracy theory," he said. The bodies of two allegedly non-human mummies were shown during a Mexican Congressional hearing on UFOs in September. Anadolu Agency/Getty Images The public conversation, Kirkpatrick said, needs to move away from unfounded claims of government conspiracies and cover-ups and toward a place of scientific proof and scientific benchmarks. "You have to have a hypothesis," he said. "You have to have measurables with that hypothesis, and then your data has to meet it. And you have to lay that out in a peer-reviewed journal so that you have something to pin it against." Kirkpatrick said his office has investigated more than 30 whistleblower claims so far. But he noted that Grusch has "refused" to speak with AARO. "If he has evidence," Kirkpatrick said, "I need to know what that is."Related: Why Elon Musk wants to see evidence of alien life Get investment guidance from trusted portfolio managers without the management fees. Sign up for Action Alerts PLUS now.
Read more...
*ΠŸΠΎΠ΄ΠΊΠ°ΡΡ‚ Π›Π°ΠΉΡ„Ρ…Π°ΠΊΠ΅Ρ€Π°: Π·Π°Ρ‡Π΅ΠΌ ΠΆΠΈΠ²ΠΎΡ‚Π½Ρ‹ΠΌ хвост*

Он обСспСчиваСт баланс ΠΈ замСняСт собой ΠΎΡ€ΡƒΠΆΠΈΠ΅. Но это Π΄Π°Π»Π΅ΠΊΠΎ Π½Π΅ всС Π΅Π³ΠΎ Ρ„ΡƒΠ½ΠΊΡ†ΠΈΠΈ.
[Read more...](https://lifehacker.ru/lifehacker-podcast-1114/)
*Huge Las Vegas Strip event hits a speed bump*

Las Vegas has been preparing for the Formula 1 Las Vegas Grand Prix, a street race around the city with events that begin on Wednesday, Nov. 13. But the event has hit several speed bumps as it tries to gear up for the major sporting event β€” the first year of a 10-year contract that the city and Formula 1 hopes will go into perpetuity. Tons of locals are unhappy with how it has affected the city, and the event seems to be struggling to reel in the demand it once expected when it was announced in March 2022. @vegasstarfish The Las Vegas Strip looks much different from β€œnormal” these days as grand stands, lighting and structural changes are made to accomodate the highly anticipated F1 Formula One Grand Prix event November 18th. Access to popular attractions like the Mirage Volcano, Bellagio Fountains and Caesar’s Palace Fountains are inaccessible through December to tourists. #vegas #lasvegas #vegasstarfish #vegasstrip #formulaone #f1vegas #vegasnews #vegasevents #vegaslocal #vegasexperience #bellagiofountain ♬ Spooky music box bell horror BGM - Notzan ACT Related: Las Vegas Strip moves closer to doomsday strike scenario According to a CNN report from Thursday, Nov. 9, ticket prices have dropped significantly for the event. The "get-in" price for the Thursday practice session have dropped from highs of $385 to $180 according to ticketing platform TickPick, while Friday prices dropped from as high as $825 to $342. And this was only the report from before the weekend. Upon checking the TickPick site on Monday, Nov. 13, "get-in" tickets for Thursday are as low as $128 dollars, which is down 66%, while Friday "get-in" tickets are down to $235 or a decrease of nearly 72%. CNN also reported that hotel prices have dropped significantly, with data showing that the average night would cost about $283, which is down 24% versus just last month.Related: Las Vegas Strip report shares surprising F1 race news There could be several factors beyond the expedited planning and local frustration that could be hampering the sales of the tickets. The race is the third and final race on the calendar that's based in the U.S., after the Miami Grand Prix in May and the Austin Grand Prix last month. The product on the track may not be as appealing for some considering both the Constructor's and Driver's Championship have been decided for several weeks now due to the domination of Red Bull and its lead driver, Max Verstappen. Get investment guidance from trusted portfolio managers without the management fees. Sign up for Action Alerts PLUS now.
[Read more...](https://www.thestreet.com/travel/huge-las-vegas-strip-event-his-a-speed-bump)
Huge Las Vegas Strip event hits a speed bump

Las Vegas has been preparing for the Formula 1 Las Vegas Grand Prix, a street race around the city with events that begin on Wednesday, Nov. 13. But the event has hit several speed bumps as it tries to gear up for the major sporting event β€” the first year of a 10-year contract that the city and Formula 1 hopes will go into perpetuity. Tons of locals are unhappy with how it has affected the city, and the event seems to be struggling to reel in the demand it once expected when it was announced in March 2022. @vegasstarfish The Las Vegas Strip looks much different from β€œnormal” these days as grand stands, lighting and structural changes are made to accomodate the highly anticipated F1 Formula One Grand Prix event November 18th. Access to popular attractions like the Mirage Volcano, Bellagio Fountains and Caesar’s Palace Fountains are inaccessible through December to tourists. #vegas #lasvegas #vegasstarfish #vegasstrip #formulaone #f1vegas #vegasnews #vegasevents #vegaslocal #vegasexperience #bellagiofountain ♬ Spooky music box bell horror BGM - Notzan ACT Related: Las Vegas Strip moves closer to doomsday strike scenario According to a CNN report from Thursday, Nov. 9, ticket prices have dropped significantly for the event. The "get-in" price for the Thursday practice session have dropped from highs of $385 to $180 according to ticketing platform TickPick, while Friday prices dropped from as high as $825 to $342. And this was only the report from before the weekend. Upon checking the TickPick site on Monday, Nov. 13, "get-in" tickets for Thursday are as low as $128 dollars, which is down 66%, while Friday "get-in" tickets are down to $235 or a decrease of nearly 72%. CNN also reported that hotel prices have dropped significantly, with data showing that the average night would cost about $283, which is down 24% versus just last month.Related: Las Vegas Strip report shares surprising F1 race news There could be several factors beyond the expedited planning and local frustration that could be hampering the sales of the tickets. The race is the third and final race on the calendar that's based in the U.S., after the Miami Grand Prix in May and the Austin Grand Prix last month. The product on the track may not be as appealing for some considering both the Constructor's and Driver's Championship have been decided for several weeks now due to the domination of Red Bull and its lead driver, Max Verstappen. Get investment guidance from trusted portfolio managers without the management fees. Sign up for Action Alerts PLUS now.
Read more...
*Vivo X100 is the first smartphone with a Dimensity 9300 processor*

MediaTek’s Dimensity 9300 processor is the company’s most powerful smartphone chip to date, with eight high-performance CPU cores, no efficiency cores, Imortalis G720-MC12 graphics, WiFi 7, and other advanced technologies. Of course, a chip’s only good if you can actually get your hands on it. And customers in China will be able to do that […] The post Vivo X100 is the first smartphone with a Dimensity 9300 processor appeared first on Liliputing.
[Read more...](https://liliputing.com/vivo-x100-is-the-first-smartphone-with-a-dimensity-9300-processor/)