Great news: The US economy is officially out of recession. We know this because the National Bureau of Economic Research’s official recession-calling committee said so this week. The economy has been in an expansion phase since last April, making this the shortest recession on record at only two months. The NBER committee always makes these calls in hindsight—both the beginning and end of recessions. Literally everyone could see the economy coming to a halt in March and April. The signs weren’t subtle. Yet it wasn’t until June 8, 2020, that they said the economy had peaked in February, marking the recession’s onset. I don’t blame them for waiting to see the data, though. Caution is appropriate on these things. Read more.
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The pivot has arrived:
Bank of England will carry out temporary purchases of long-dated UK government bonds from September 28 to restore orderly market conditions, according to a statement.
Have to love when a $7M market cap company gets $5M of non-interest bearing capital for R&D.
“Oh they aren’t raising equity….”
Nice job @clearblueonline
https://www.globenewswire.com/news-release/2022/09/27/2523772/0/en/Clear-Blue-Technologies-Receives-5-Million-Grant-Funding-from-SDTC.html
$CBLU.CA #solar #energy
We'll be adding 12MW+ of #communitysolar in the state of #Virginia! As we continue to expand our presence in VA we look forward forward to supporting the equitable distribution of #renewableenergy. https://ugei.com/uge-project-backlog-in-virginia-surpasses-12-megawatts/
Check out our last report (4th of 4) on @ReklaimYours and how the Company is disrupting the consumer data market. They also announced an LOI to acquire a data broker this morning that is expected to double revenue.
https://sophiccapital.com/reklaim-bridging-the-gap-between-consumers-and-their-data/
$MYID $MYIDF $MYID.CA