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#investment

5 posts5 participants2 posts today

Dear #websites that produce #statements (#banks, #insurance, #investment companies, looking at you):

When people need to download statements, usually they need to download more than one. The following are #bullshit:

1. each statement opens in a new window/tab (let me decide that pls)
2. each statement _re-uses_ the SAME window/tab (you suck x10)
3. each statement (in its own window) is called `statement.pdf` y no 6801?
4. no "Download all" or "all on this page" option.
5. PDF only :(

Trump Team Eyes Politically Connected Startup to Overhaul $700 Billion Government Payments Program

A little-known firm with investors linked to JD Vance, Elon Musk and Trump could get a piece of the federal expense card system — and its hundreds of millions in fees. “This goes against all the normal contracting safeguards,” one expert said.

propublica.org/article/trump-p

ProPublicaTrump Team Eyes Politically Connected Startup to Overhaul $700 Billion Government Payments Program
More from ProPublica
#News#Trump#Vance
Replied in thread

Day 19 cont ☢️🛢️🏭🏦🏢🏢🏢💰💰

“He (#PeterDutton) cites #DataCentres in the US where those #tech companies are having conversations with nuclear power providers:

The beauty of an #investment like #nuclear into the #Hunter region for example is you can attract the data centres which is exactly what is happening in the US. #Apple and #Oracle and #Microsoft, or these #companies are willing to spend tens of billions of dollars but they are only having conversations with #NuclearPower providers.”

#Straya gov cant #science or #compute, the LNP are garbage at business. Nuclear generation is #toxic. #Multinationals avoid tax.

#AusPol / #LNP / #Iberal / #Nationals / #Business / #AI / #ArtificialIntelligence <theguardian.com/australia-news>

the Guardian · Australia news live: Turnbull says negative gearing ‘examined by every government’; measles warning issued for greater Melbourne areaFollow today’s news live

Investor State Dispute Settlement ahoy....

Zengwei An, chief executive of Jingye British Steel has said that the British Govt. should 'respect & protect the legitimate rights & interests of Jingye as a foreign investor throughout this proces'..... which sounds to me like a veiled threat to invoke a costly ICSD arbitration case, which could cause some legal problems for the UK Govt.

Might be a bump in there road in any prospective nationalisation....

Watch this space.

#investment

h/y FT

Via #LLRX #AI in #Banking & #Finance, 4/15/25 5 highlights #Tariffs, #Trump AI Are Changing Everything. Should My Portfolio #retirement plans too? How Much Should We Spend to Reduce A.I.’s Existential #Risk?; How Good is AI at Twisting Arms? Experiments in #Debt Collection; Artificial Intelligence in #Investment Banking Transforming Operations and Client Services; and The Transformative Role of Artificial Intelligence and #BigData in Banking. llrx.com/2025/04/ai-in-banking #credit #ID #breaches #crime

Replied in thread

Day twelve cont ☢️🏭

“Coalition sources on Wednesday told The AFR that while the party would honour the NRF’s existing commitments if elected on May 3, the remaining funds would be put to other uses, including possibly the Coalition’s plans to build seven #NuclearPower plants across the country.

The Coalition will not scrap or exit existing #NRF (National Reconstruction Fund) agreements over fears that would create sovereign risk, whereby investors avoid making investments in Australia due to uncertainty about government decision-making.”

“While the Coalition has opposed Labor’s off-budget funds, Dutton has said a future Coalition government would finance its taxpayer-funded nuclear power plants through a similar #investment vehicle.

Modelling by #FrontierEconomics commissioned by the Coalition estimates the opposition’s energy plan would cost $331 billion to 2050, of which the taxpayer-funded construction of #NuclearPlants would be a large component..”

There you go, $331B tax payer funded ‘never never’ nuclear technology ☢️ for power generation. 🤪

#AusPol / #Liberal / #LNP / #Labor / #energy / #manufacturing <archive.md/FLmBy> / <afr.com/politics/federal/coali> (paywall)

#investment question:
Ok I know it is stupid to time the market and 80% of actively managed funds underperform against the index and would have been better off just riding the ups and downs. It;s STUPID because you have to guess right again when to get back in.

So… when do I get back in?