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...In an interview with the Financial Times, Robin Zeng, founder and chief executive of CATL, said the much-hyped technology did not work well enough, lacked durability and still had safety problems....
...than a “forget about it”....
...Moreover, the suspicion that the explosion of 0DTE trading is somehow a massive systemic risk has always felt a bit spurious....
...Nowadays, that isn’t really a huge problem. For example, the bid-ask spread on Impinj is roughly half a buck....
...At €13 per 100, it is a bargain of a fine yellow ixia....
...The first is an infamous snap of Indonesia’s Suharto signing an IMF programme under the stern gaze of the Fund’s then-managing director Michel Camdessus, and the second Jamaican prime minister Andrew Holness...
...Such borrowers could face rising financing costs and perform poorly in a downturn, particularly in a stagflation scenario, which could generate a surge in defaults and a corresponding spike in financing...
...— Pythagoras was wrong: there are no universal musical harmonies (University of Chicago) — The crypto world has a new villain (Intelligencer) — Schroders Capital Private Equity Lens Q1 2024 (Schroders...
...(Intelligencer) — The Social Benefits of Getting Our Brains in Sync (Quanta) — Norwegians facing a shortage as Easter nears are hoarding eggs from neighbouring Sweden (AP)...
...Nonetheless, this chart in the latest note from SocGen’s Andrew Lapthorne caught FT Alphaville’s eye (zoomable version): The UK is the only major developed market where the number of reasonably liquid stocks...
...Just pay people a proper wage already (NPR) — Leave AT1s alone!...
...Army At South By Southwest (Defector) — Marks & Spencer’s archive is a window on 20th-century Britain (Economist) — What if China Manufactures a Sugar High?...
...their business, this looks like the SEC sending out a pretty clear warning....
... Better get a move on. Elsewhere on Friday . . ....
...In a week it will be over and you will have a long wait for flowers next year....
...their dorm room to a garage....
...Compared to the previous rounds of reform, this reform is going to have greater impact because it directly ties financial market indicators with [performance evaluation] for senior managers in SOEs,” said Robin...
...Year’s ‘Dance Your PhD’ Contest Winner, a Musical Celebration of Kangaroo Behavior (Smithsonian Mag)...
...Godspeed, and have a great weekend....
...to its knees (Source Material) — Is the Indian rupee about to be accepted as a reserve currency?...
...Robin HardingIt was a very complicated decision....
...Just take a look at the next two years of expected revenue growth for the Mag7 versus the S&P 500 hoi polloi. And that’s why they command premium valuations . . . Probably all fine though....
...In other words, these products should probably be seen as a manifestation of risk-on in the new bull market, rather than a defensive play on yield....
...— What’s the Price of a Childhood Turned Into Content?...
...Less than half a year ago the vast majority thought a downturn was in the mail....
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