Monday, 27 January 2025

Stock market is overvalued

Stock market hemorrhages $1TRILLION as Nasdaq drops 3% on fears China is winning AI arms race

Wall Street indexes sank 3 percent on Monday morning after a Chinese artificial intelligence startup triggered fears America's top tech stocks are overvalued

Investors dumped around $1 trillion of technology stocks in premarket trading sending the S&P 500 1.7 percent lower as markets opened at 9:30am. 

The tech-heavy Nasdaq has been hit harder, tumbling more than 3 percent on Monday morning. 

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The panic has been driven by Chinese artificial intelligence startup DeepSeek which demonstrated a chatbot that it says rivals the top versions from OpenAI and Google but for a fraction of the cost. 

Chipmaker Nvidia, which has benefitted from the AI frenzy over the last eighteen months, fell as much as 13 percent as markets opened wiping out $465 billion in market value. 

The drop marks the largest rout in market history, Bloomberg reported. 

Another US chipmaker Broadcom also lost around 12 percent while software giant Oracle lost 8 percent in early trading. 

Microsoft slid 3.5 percent and Amazon was down 0.24 percent in the first hour of trading. 

The Nasdaq tumbled almost 4 percent in premarket trading on Monday

The Nasdaq tumbled almost 4 percent in premarket trading on Monday 

US tech stocks took a hit before markets open on Monday morning

US tech stocks took a hit before markets open on Monday morning 

Google parent company Alphabet lost about 3.5 percent and Facebook parent Meta shed 2.5 percent. 

DeepSeek's advances have raised doubts about whether the US will retain its lead in the global race of advancing AI technology. 

The Chinese company released its free AI Assistant last week which it says uses less Nvidia chips at a fraction of the cost of current models on the market. 

DeepSeek overtook its rival ChatGPT to become the most-downloaded free application available on the Apple Store in the US on Monday.

The fallout has also weighed down global indexes, with the Stoxx Europe 600 down 0.4 percent in early European trading.   

Germany's DAX dropped 1.1 percent, while the CAC 40 in Paris shed 0.8 percent and Britain's FTSE 100 declined 0.3 percent. 

Netherland's chip companies ASML and ASM were also hit badly off the back of DeepSeek's advances, falling 8 percent and 12 percent respectively. 

Japanese chip-related stocks including Advantest and Tokyo Electron were also lower. 

Traders are grappling with sinking tech stocks on Wall Street on Monday morning

Traders are grappling with sinking tech stocks on Wall Street on Monday morning 

It comes after top banker Jamie Dimon warned that the US stock market was inflated.

'Asset prices are kind of inflated, by any measure. They are in the top 10 percent or 15 percent' of historical valuations, the JPMorgan Chase CEO said at the World Economic Forum in Davos, Switzerland last week.   

The US stock market gained over 20 percent in 2023 and in 2024 - a remarkable feat it has not achieved since the late 1990s.

Sunday, 26 January 2025

This story of all the 1000s I've written is my Favourite , I want to be a radio star a love story

Wednesday, 18 October 2017

Audio Sample- I want to be a radio star - a love story

http://michaelgcasey.typepad.com/files/127.i-want-to-be-a-radio-star-a-love-story-1.mp3


www.michaelgcasey.typepad.com for more individual audio stories and a few written down too.

I do not have a hard copy of this So type it up and send it to me pasted in
and I will grant a wish, if it's physically possible






Its boring already Donald

Its boring already Donald

Flood the zone

but you don't believe in Global warming

until Maro Largo gets hit

move all the natives

and steal the land

change the rules and help the Billionaires

You don't care about. us, any of us

as Michael Jackson sang

Drunks in charge, until he's found DUI in his car

but you'll still support him

Then a disaster

I never really liked him

yet you have a gun at the head of everybody

to get your way

because they are so shallow

keeping their seat is all they are interested in

When will they have some integrity

they cannot buy that in any store

so they'll have to go without it

as you play Russian roulette with everybody's life

No road to for Damascus for you

A Nobel is what you are after

But Nobel changed after he read own obituary

As for you, you had your close shave

and it won you the election

but you are still as misinformed

But you don't care anyway

just like Michael Jackson said

Churchill just give up, is your way





Saturday, 25 January 2025

The Bickers, again


For Amazon Prime, and old couples too

The Bickers ©

By

Michael Casey

The Bickers were in fact Mr and Mrs, but I’m not going to tell you their name as The Bickers was what they were know by, ask the post man and their long suffering neighbours. Why The Bickers? Was it rhyming slang for No Knickers, no. They were an old couple, a couple of old dears, and no that’s not rhyming slang either. They were called The Bickers because they lived next door to the Vicar’s, well no that’s a lie, they did live next door to the Vicar’s, but they were called The Bickers because they were always bickering. BICKERING. It became a place on the map, well known to delivery drivers, better than any Sat Nav, The Bickers.

Have a parcel for anybody on that stretch of the B82 then just drop it off at The Bickers, they’ll sign for anything. And Mr Bicker would, it was his way of having contract with the outside world. People would drop by for their parcel and give him a bar of chocolate or a few lines of chat, it did not matter what, it was nice to meet people, anybody.

Mrs Bicker had a cleaning job in various places, so she was always out and about, she always smelt of Pledge, forget Chanel no.5.Pledge was her perfume. Though she was given plenty of Chanel no.5 by very satisfied customers, she was a good scrubber in the best use of that word. So she hated the dirty boot marks from all the couriers who past by her house, Mr Bicker even gave them a quick tea, he always had his fast brew kettle on the hob. So the bickering as a result of their different life styles.

She was always cleaning, and he was always dirtying, she even complained about the amount of toilet paper he used. He just retorted when he died he’d make sure it was on her best floral carpet, image getting the marks of death off that. She said she’d buy him rubber nappies so if he died while she was out, they’d be no mess on the floor. Treating me like a Death Row Prisoner about to be executed, shouted Mr Bicker. That’s too good for you, if you ruin my new carpet from John Lewis with your coffee, I’ll put you over my knee and spank your bare arse. Do it now then retorted Mr Bicker.

So there he was spread over Mrs Bicker’s knee in her new Parker Knoll chair with his bare arse in the air, when Mrs Knowit, the local gossip came in for her parcel. The doors were never locked as he was always in and ready to receive parcels. Mrs Knowit gasped and grabbed her parcel. In 5 minutes the whole village Knewit, SPANKING, and at their age. However the Agatha Raisen was a newcomer to the village so she was impressed, very impressed and knew 1/2 the village would be giving it a go that very night. But I digress.

I’ll put the sterile gloves on next time, she said when she had finished giving him 6 of the best, Mrs Knowit was still outside gasping for breath, so she heard that too. However she looked at her watch, if she hurried the local Post Office and general store would still be open, she was sure they sold sterile gloves.

The Bickers loved to Bicker, it was their form of tv, they did have a tv but stopped watching when Arthur Negus was no longer on talking about furniture. So they listened to BBC Radio4 instead, and yes for them Nicholas Parson and Just a Minute was King. The Vicar always seemed to appear naked having his shower when Nicholas Parsons was on the radio. They always spotted him from the snug in their cottage kitchen, his bathroom overlooked their kitchen. And with BBC Radio4 Extra, Nicholas Parsons was a daily event, as was the naked vicar in the shower.

The Bickers would bicker about repetition, deviation, though thanks to Mrs Knowit’s observations all the village were all learning about repetition and deviation. In the best context of a stable and caring relationship, jut ask the stable girls, but I digress.

One day the Bickers were bickering so much the whole village heard. It had been Amazon Prime Day, so there were stacks and stacks or parcels to collect. They gathered outside for a couple of hours, all they could hear was the crash and bang, crash and bang, and bang and crash. After 3 hours, they were very polite people after all the Vicar suggested they all went to his bathroom, not to baptise them but so they could look down in to the Bickers’ kitchen.

What they saw shocked them, I could not possibly put it on the page, it would singe the very page. Ok, I’ll tell you. The parcel men had clubbed together to get them a present for their 40th wedding anniversary. It was Karma Sutra for beginners, the Bickers had been trying it out all around my house, and other places and positions. This was much much more then mere spanking.

The villagers crept down the stairs only to trip over the vicar’s bondage gear, he said he was minding it for somebody who was in jail. Mrs Knowit, winked, she would return after dark. As for the rest of the villagers, they hurried to place orders on Amazon Prime, it was a primal instinct in them. What was good enough for the Bickers was good enough for them. Agatha Raisen would fit in perfectly in this village.

2015 Clarks Shoes Uncool Dad of the Year , yes really

TAKEOUT READY so Hong Kong do you want it?

TAKEOUT READY so Hong Kong do you want it? It's 10gig all the photos too I think 5700 pieces nearly So if anybody wants my stuff I can g...