Tag Archives: CNBC

Nuclear Power Stations Are ROARING BACK In 2023 — & I Am DELIGHTED! Only Way To Go.

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by Anura Guruge
on August 31, 2023

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Click to ENLARGE. From ‘CNBC’ from just YESTERDAY.
Click to ENLARGE. From ‘Google’.
Click to ENLARGE. From this Blog — from last year. Check them out.

I was the CNBC post about China’s push towards nuclear power (top image) & was DELIGHTED.

I have always been a believer & fan of nuclear power. It is reliable, cheap power with some, inevitable, consequences — & I only worry about safely getting rid of the spent fuel rather than risk.

It is really the only way we can truly meet our ever increasing demands for CLEAN energy. We can’t move forward without renewing an ALL OUT push for nuclear power — on a HUGE SCALE. We can’t be BOTH worried about climate change & nuclear power at the same time. There is, as with nearly all things to do with LIFE, a risk. The risk with nuclear continues to get more containable — & manageable.

Living itself is a risk!

Going out on the roads, flying, drinking etc. etc. all have risks. But, most of us still do them.

We can’t dismiss nuclear because of setbacks from MANY, MANY decades ago.

Technology has moved on & we have more expertise.

IF we had given up on jets because of the early accidents we would not have today’s air travel. Think about that. Engineers studied & learnt from the early oversights.

So, I am delighted that we are rethinking nuclear.

Alas, this kind of thinking will never occur in the U.S. because of this inane political divide — the two sides not even able to work together when it comes to climate change.

‘Fitch’ Downgrading Of U.S. Credit Rating, This Morning, Was Disgracefully Disingenuous & Blatantly Bogus.

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by Anura Guruge
on August 2, 2023

From ‘Google News‘.
From ‘Google News‘.

There has to be a mechanism whereby they can be held ACCOUNTABLE. This was totally irresponsible & utterly reprehensible. There was NO need for this — currently.

This was shouting ‘FIRE’ in a crowded theater. Yes, they caused the markets to stampede — to the exits. That, to be honest, is NOT my gripe. Like all good investors, & especially option traders, I like a GOOD DOWN DAY. I bought more NVDA & made a few (more) bucks rolling options. But, people, decent people, lost a lot of money today — & some would have panicked.

This was, as some eagerly pointed out this morning on CNBC, nothing but Fitch trying to get 15-minutes of ‘glory’. Shameless. Pathetic company.

There has to be a way that they can be punished for this irresponsible act.

Why The March 2023 ‘Jobs Report’ Is NOT Tomorrow, 1st Friday Of March, BUT March 10, The 2nd Friday.

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by Anura Guruge
on March 2, 2023

Click image to access excellent ‘forexlive.com‘ post that explains it all.

Yes, I thought the ‘jobs report’, i.e., the ‘non-farm payrolls’ to be precise, came out on the first Friday of each new month. I was WRONG.

I am not shocked, upset or embarrassed because until a year ago, when the Feds started hiking up interests in anger to fight the brutal inflation, I didn’t pay much attention to ‘CPI’ or the ‘jobs number’. We hadn’t had any interest rates hikes in years. I was not concerned. But, these days I am hugely interested — & of course, one way or another INVESTED — in Fed interest rates & what will happen to them. So, I eagerly await, each month CPI, jobs numbers, Fed Minutes, Fed statement etc. etc.

So, I was waiting to see the jobs number tomorrow.

Then, to my amazement, I heard on ‘CNBC‘ this morning that it will be NEXT Friday, March 10. I thought it was mistake. Then I heard it again. Then I Googled to make sure. Wow. It is next Friday, March 10, rather than tomorrow, March 3.

I, of course, had to know WHY? Come on. Cats have nothing on me when it comes to curiosity. That is how I found the above article. Glad I did. Check it out.

According to it: ” … Bureau of Labor Statistics releases non-farm payrolls on the fourth Friday following the week containing the 12th of a given month …“. Wow. Who knew.

While I was at it, I checked when we get the March CPI — Tuesday, March 14, 2023, at 8.30 am (Eastern).

‘Lightning In A Bottle’ TV Ad. By Financial Heavyweights ‘CME Group’ Is Quite Arresting.

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by Anura Guruge
on October 18, 2022

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Click image to watch the video on YouTube or use embed below.

Another video that might provide some background, insights & color.

I do my best to avoid watching TV ads. I either change channels (& then come back) or (more often) Fast Forward because I am invariably watching TV on a slight delay. {That works well, because that lets me FF over Ads. (SMILE) (There is, ALWAYS, method to my madness.}

As it happens I glimpsed the end of this Ad as I was Fast Forwarding. The imagery of all those LIT JARS, even in FF, was powerful & arresting. It stopped me in my tracks! Every Ad creators dream. Getting a punter that hooked. I was captivated. I had to stop & rewind.

I, as an avid (near daily) option trader, am v. familiar with ‘CME Group‘. Plus, I see them or hear of them near daily on CNBC — the TV channel I watch most often. So, I didn’t need an introduction to them, their products or their ‘goals’.

“Opportunities can be hard to find. Like catching lightning in a bottle.”

That is the premise of this Ad. Clever. Well, it served its purpose. It got me to stop & watch. Actually it did MORE. It got me to talk about it! Wow! That is beyond the dreams of Ad. creators. Word of mouth {or in this case ‘Word of blog’}.

Well, it is cute & clever, & as you know I like to share such stuff with YOU. Enjoy.