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Mind Control

Published 27/03/2022, 07:33

No rest for the wicked, today has been busy! Here are a few highlights to finish the week

SNAP ACQUIRES NEXTMIND

Before joining Snap (NYSE:SNAP), NextMind developed non-invasive brain-computer interface (BCI) technology in order to enable easier hands-free interaction using electronic devices. Soon your tech will be able to read your mind! (More).

MORE GAS PLEASE

EU Gas Imports

The US and the EU have announced a major deal on liquified natural gas, in an attempt to reduce Europe's reliance on Russian energy. BUT before you get too excited, it's only the equivalent of around 10% of the gas it currently gets from Russia and it will take several months to get to that level.

COMMODITIES THE PLACE TO BE

Commodities Outperform All Major Asset Clasess

Markets are now pricing in 8 more rate hikes in 2022. In fact, Citi is now calling for FOUR consecutive 50 bps Fed hikes in 2022! In 1972, there were 9 rate hikes and it was commodities that outperformed all major asset classes.

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