Business

Only yesterday, we commented on the launch of the world’s first A.I.-driven ETF “EquBot LLC, in partnership with ETF Managers Group (ETFMG) launched the world’s first ETF powered by artificial intelligence, the AI Powered Equity ETF (NYSE Arca: AIEQ). According to Business Wire, the new ETF uses ‘cognitive and big data processing abilities of IBM Watson™ to analyze U.S.-listed investment opportunities”.

A mere 24 hours later and JPM has joined the party as Bloomberg reports, 

This article by David Haggith was published on The Great Recession Blog:

Authored by Carmen Elena Dorobat via The Mises Institute,

It has now been 242 days since the US equity market dipped by 3% or more... That has never, ever, happened before...

Rick Astley said it best..."never gonna let you down... or desert you"

That China is a widely accepted global outlier in the context of credit, debt and leverage, look no further than the latest Financial Stability Report from the IMF, which in no uncertain terms lays out where China can be "found" relative to its G-20 peers in the following chart:

Yet according to the IMF, China's bleak picture is based on a relatively rosy estimate of the country's non-financial debt to GDP at approximately "only" 242%.