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...“If China is not going to use its massive navy to interdict these vessels, if it’s not going to stop them from going into and using its ports, my personal view is that they don’t have a right to question...
...But the recent trend is clear and inflation concern is due. The market reaction on Wednesday was big....
...Similarly the huge bet on Apple (its holdings peaked at almost $180bn last year) represented a huge shift in Berkshire’s view of technology....
...To view previous editions of the newsletter click here. Your comments are welcome....
...“Why does it matter, from a purely financial point of view, what happens to Berkshire after Buffett?”...
...China has a clear cost advantage in batteries and other EV technology. This dip in sales could be temporary, and will ease as new models enter the market and costs fall....
...Last week, the Uber’s CEO replied to my arguments in an admirably clear email, which we published. Now I’m closing the loop, replying to his reply....
...You can find more exotic views, too, like the idea that US trade policy is to blame. We put all these to Karl Schamotta, currency strategist at Corpay, who had yet another explanation....
...“That is the fundamental question at issue here and the president is clear where he stands on that fundamental issue.”...
...This was made clear earlier this year, when the president of Harvard was ousted by what conservative activists touted as an organised campaign against her....
...The smile on his face fades and the camera cuts to the view through the car’s windshield. It’s raining. A road, densely lined with trees, stretches ahead....
...But it is less clear why long yields have risen and whether they will stay high. What’s your view? Rieder: It goes without saying that inflation stayed sticky high....
...It is not clear whether you have a financial interest in the property or not....
...She says watching the panels being placed on top of each other was “like my model had turned up on the site”. It gives you a sense of cosiness....
...I hear the mission, loud and clear. What’s working against you? What are the challenges going forward?...
...Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
...It had become clear to him, he writes, that the banking system was on the verge of collapse — a valid fear, as was later confirmed....
...So how should investors view the AI “new thing”? It seems clear that AI applications will be widespread and enhance productivity....
...“We’ve never had a bigger, better chance to elect a green government in my view, and they will be the greenest government we have ever had.”...
...This time, however, the answer should be clear. There is no doubt that unionists were betrayed by prime minister Boris Johnson in 2019....
...“The SEC in all of its denials has referred to a regulated market, and it’s been pretty clear that it doesn’t view Coinbase as a regulated market company,” he said. But that might be premature....
...But, again, that is my view....
...And in our view, the Vision Pro looked sleek/differentiated vs. incumbents and performed with clear potential....
...In particular, anyone working inside can look up from their desks for a cleansing view of a tree-studded plain afoot the vast snowcapped cone of Mount Iwate....
...“You should be able to get a bank account regardless of your political views, whether you are a communist or a fascist,” he says....
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