Markets / Economy

[Mike R]

 

[Jack@European_Parts]

Could it be that they have already certified that engine both with and without the cylinder-deactivation system?

-Uwe-

Nope & did you know because still an EDIR or VERR's they dont go away because of such things?

 

[Jack@European_Parts]

VW shares continue to rise on ambitious EV targets

Volkswagen shares continue to rise on ambitious plans to overtake Tesla.

www.autoblog.com

Volkswagen AG (VWAGY) Stock Price, News, Quote & History - Yahoo Finance

Find the latest Volkswagen AG (VWAGY) stock quote, history, news and other vital information to help you with your stock trading and investing.

finance.yahoo.com

EV frenzy over Volkswagen shares draws regulator's attention​

EV frenzy over Volkswagen shares draws regulator's attention

An outsized rally in Volkswagen shares has drawn the attention of Germany's top market watchdog as heavy-volume trading spurred by the carmaker' electric vehicle ambitions sent the stock rising as much as 32% this week. Shares in Volkswagen AG reversed course on Thursday, however, after hitting...

finance.yahoo.com

 

[Jack@European_Parts]

Why Trading Volume and Open Interest Matter to Options Traders

Trading volume and open interest are key numbers to watch when buying and selling options. Together they can indicate liquidity, trader interest, and price strength.

www.investopedia.com

Meh.....

 

[Jack@European_Parts]

Top finance, tech firms mulling NY exodus over proposed tax hike

Top New York firms that toughed it out through the pandemic are now considering packing their bags over $7 billion in proposed new state taxes. At least 20 finance and tech companies are already po…

nypost.com

 

[Jack@European_Parts]

ALH or DIE!

Diesel’s decline one for the ages — biggest in almost 6 years

Diesel fell less than crude oil, signaling selling of crude as a financial asset more than diesel.

www.freightwaves.com

 

[Jack@European_Parts]

The greedy stimulus gov money grab....

Global shipping was in chaos even before the Suez blockage. Shortages and higher prices loom

One of the world's most vital trade arteries was blocked by a quarter-mile-long container ship for nearly a week, creating a traffic jam that ensnared over 350 vessels and could take days to clear.

amp.cnn.com

 

[Uwe]

Global shipping was in chaos even before the Suez blockage.

I can assure you that's true. We're still waiting for a large shipment of the one thing we actually buy directly from China, the custom-made screw-lock USB cables we use on all our interfaces. They shipped from the factory in January. They were supposed to be here by the beginning of March. They're not, because the ship they're on still hasn't got a berth to be unloaded on the west coast. That ship was supposed to unload in Seattle, but Seattle was full, so it got re-routed to Vancouver. I'm not sure what happened there, but it ended up getting sent back to Seattle and still hasn't been unloaded. Anyway, it's a mess.

Thankfully, we've never gone full "JIT". Your typical MBA would say the way we run our business is "wasteful", because we try to keep a few months worth of inventory on-hand at all times, but doing that has allowed us to keep filling our customers' orders relatively smoothly thoughout the turmoil of the past year.

-Uwe-

 

[Jack@European_Parts]

Air freight has been very competitive..........

 

[Uwe]

Air freight has been very competitive.

Compared to ocean freight, for heavy stuff? Not really.

However, when we learned of the delays, we did place another smaller order to be shipped via air.

"You can't sell bread from an empty truck!"

-Uwe-

 

[Jack@European_Parts]

Traders Are ‘Glued to Their Screens’ and Set for Volatile Open

www.bloomberg.com

 

[Jack@European_Parts]

Cat in the hat!

Banks warn of 'significant losses' as they exit positions with large U.S. hedge fund

Credit Suisse and Nomura warned of "significant" hits to first-quarter results after they began exiting positions with a large U.S. hedge fund.

www.cnbc.com

 

[Uwe]

Banks warn of 'significant losses' as they exit positions with large U.S. hedge fund

Credit Suisse and Nomura warned of "significant" hits to first-quarter results after they began exiting positions with a large U.S. hedge fund.

www.cnbc.com

Margin Call!

Amusingly, Archegos Capital Management was registered as a "family office" rather than a hedge fund.

-Uwe-

 

[Jack@European_Parts]

https://seekingalpha.com/amp/article/4416672-lordstown-sec-inquiry-raises-concerns

 

[Jack@European_Parts]

US Lawmakers Ask USPS To Nix Contract With Oshkosh Defense

US lawmakers are asking USPS to nix its contract with Oshkosh Defense, arguing that it defies a recent executive order signed by President Joe Biden.

fordauthority.com

 

[timoteicab]

What do you guys think about the current situation in the market? It’s so chaotic, and I cannot get a good picture of what is generally going on and what is yet to come. Inflation is hard, and so many supply chains are broken. It’s such a hard crisis, especially because it comes right after COIVD. And the worst thing is there’s no end to it. So many assets become much less valuable while the others rise. Oil, real estate, and food markets are some of the most popular investments because people want to invest in stable assets. The DCF valuation of many companies has changed, and they are trying their best to survive in the current conditions.