Monday☕️

Monday☕️

Trending:

  • Hurricane + Earthquake
  • Economic Outlook Meeting

Markets:

  • Five years of Dow Jones:
TradingView
  • Five years of Berkshire Hathaway:
TradingView
  • Five years of Tesla:
TradingView
  • Five years of Eli Lilly:
TradingView

Hurricane Hilary + Earthquake:

  • Yesterday, Southern California was jolted by a 5.1-magnitude earthquake near Ojai, adding to the existing challenges posed by Hurricane Hilary. The hurricane has been unleashing strong winds and causing flash floods, with warnings of severe localized flooding.
  • Now, with the combined disruption of the gusty winds from the hurricane and the recent earthquake's aftershocks, residents are advised to remain vigilant. The National Hurricane Center, which has been guiding residents on the hurricane's potential impacts, underscores the importance of increased caution due to the combined threats.

Economic Outlook Meeting:

  • Federal Reserve Chairman, Jerome Powell, is set to speak at the annual central bankers' conference in Jackson Hole, Wyoming. This conference, coordinated by the Kansas City Federal Reserve, is scheduled for August 25th. Powell's address, timed for 10:05 AM EST, will touch upon the current economic situation.
  • He will evaluate if the unexpected economic growth requires adjustments to the existing monetary policies to address inflation or if the movement towards disinflation suggests that the current interest rates are appropriate. The event offers an insight into the deliberations of the U.S. central banking system.

Statistic:

  • Largest wine producers by % of global production:
  • 🇮🇹 Italy: 19.30%
  • 🇫🇷 France: 17.65%
  • 🇪🇸 Spain: 13.82%
  • 🇺🇸 US: 8.67%
  • 🇦🇺 Australia: 4.93%
  • 🇨🇱 Chile: 4.82%
  • 🇦🇷 Argentina: 4.43%
  • 🇿🇦 South Africa: 3.93%
  • 🇩🇪 Germany: 3.46%
  • 🇵🇹 Portugal: 2.62%
  • 🇷🇺 Russia: 1.82%
  • 🇨🇳 China: 1.62%
  • 🇳🇿 New Zealand: 1.48%
  • 🇷🇴 Romania: 1.47%
  • 🇧🇷 Brazil: 1.24%
  • 🇭🇺 Hungary: 1.12%
  • 🇦🇹 Austria: 0.98%
  • 🇬🇪 Georgia: 0.83%
  • 🇬🇷 Greece: 0.82%
  • 🇲🇩 Moldova: 0.54%

Article Links:

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