Consumer adoption of eSIM technology continues to grow rapidly, according to exclusive market monitoring figures released today by Trusted Connectivity Alliance (TCA). The latest data shows that consumer eSIM profile downloads* more than doubled in 2023, increasing 109% year-on-year. Growth was predominantly driven by accelerating adoption within
Exterior of the US Environmental Protection Agency., Washington DC Many, if not most, mainstream economists, both conservative and liberal, support a carbon tax. As economist Alan Blinder recently remarked, “It’s only a very slight exaggeration to say that all economists favor a carbon tax to mitigate
An abandoned brick church with boarded up windows in the Brush Park neighborhood of Detroit, Michigan. 2017. At a recent poverty alleviation training with The Chalmers Center, a group of neighborhood stabilization practitioners were presented with a broad philosophical and theological framework before they delved into
Imagine a small business owner navigating the complexities of trying to be profitable, as most small businesses close in the first two years, and to provide a reasonable work-life balance for their employees. Enter the “Thirty-Two Hour Workweek Act,” proposed by Senator Bernie Sanders, which
The Volatility Index ($VIX) is one of my key sentiment indicators and it has a history of accurately predicting corrections and bear markets. We've had neither without the VIX first clearing an important hurdle in the 17-20 range. Bear markets require a huge
Over the past trading week, it was expected that while technical pullbacks in the markets may get extended, NIFTY may still continue to remain under corrective pressure at higher levels. The past trading days precisely witnessed this scenario. The markets initially extended their technical pullback
We've been covering the signs of weakness for stocks, from the bearish divergences in March, to the mega-cap growth stocks breaking through their 50-day moving averages, to even the dramatic increase in volatility often associated with major market tops. While Q1 was marked by broad market
The S&P500 trend conditions have continued this week in "NoGo" conditions despite relief rallies. Alex Cole and Tyler Wood, CMT identify intermarket forces including rising rates ($TNX) and a strong US Dollar (UUP) that can provide headwinds to risk assets. This week we again take
Chair Jerome Powell leads the Federal Open Market Committee (FOMC) press conference. 2022. Inflation is once again on the decline, new data from the Bureau of Economic Analysis (BEA) show. The Personal Consumption Expenditures Price Index (PCEPI), which is the Federal Reserve’s preferred measure of inflation,
In this episode of StockCharts TV's The MEM Edge, Mary Ellen reviews the key drivers for this week's volatile period, including Core PCE and GDP numbers. She takes a look at where the S&P 500 and NASDAQ closed for the week and whether it's safe to put