Construction Partners Inc
27.86 - 29.84
18.89 - 34.53
Join Discuss about ROAD with like-minded investors
but I think down the road the higher rates will have some more effects
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**conorsen:** Trying to find the college football betting analogy for the midterms — maybe a game like Baylor-Kansas State. Like sure, you probably take the slightly favored home team but the road team arguably has better candidates and in any single contest you never know: https://t.co/wPllhfzziu https://twitter.com/conorsen/status/1589755646056222720
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**pkedrosky:** Running social media companies like Twitter is like running Gas Town in Mad Max: Fury Road, except the residents have the water, and the water is actually shit, and they just spray it around all day anyway. This it my view. https://twitter.com/pkedrosky/status/1586021067281137664
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**pkedrosky:** tl;dr: Ice road duration has been declining 0,5 days a year for decades given warmth, making the 2007 premiere of TV show Ice Road Truckers sort of elegaic Warmer winters are reducing potential ice roads and port accessibility in the Pan-Arctic https://t.co/pcvX1wb79u https://twitter.com/pkedrosky/status/1583157183595786240
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Day trading is not for small accounts, if your trading system has 70% losers, you need a new plan. If you manage your stops to keep the trades that go against you small, relative to letting the winners run when the trades go in your favor, you can be profitable with 40% wins and 60% losers, if you can be right over 50% of the time, you can enjoy a good living. The dollars made on the average winning trade should be double the dollars lost on the average losing trade. If you take small gains off the table because you can't go broke taking a profit, and let your losing trades ride believing they will come back, you are on a road to ruins.
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gm , starting iMAX tomorrow , had a road trip over the weekend
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then i tighten risk and do well only to slip up down the road
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By Marc Jones LONDON (Reuters) - World stocks were close to a two-year low and Japan was forced to unilaterally intervene in FX markets for the first time since 1998 on Thursday, after the Federal Reserve's aggressive U.S. rate hike signals had put markets on the run. In Europe, where all the economic pain and volatility has been amplified this week by Russia's threat to use nuclear weapons, major stocks markets tumbled by more than 1% before finding some support. It had been a rollercoaster from the off. Tokyo swooped in to support the yen not long after Europe opened. While the move seemed to have been coming for weeks - the yen has fallen 20% this year almost half of that in the last six weeks - it still packed a punch. Traders watched the Japanese currency surge to 142.39 from 145.81 to the dollar in the space of a few minutes and make it as far as 140 to the greenback before running out of gas. [/FRX] With the dollar suddenly stalled, the euro lifted nearly 0.5% off a 20-year low. Sterling, which is not far behind the yen having lost over 8% since August, was hoisted from a 1985 trough too as the Bank of England raised its rates by another 50 basis points.[/FRX] "We have taken decisive action (in the exchange market)," Japan's vice finance minister for international affairs Masato Kanda told reporters following the interventions. The move had came just hours after the BOJ had maintained super-low interest rates, fighting the global tide of monetary tightening by the Fed and others trying to rein in inflation. Asian stocks had swooned to a two-year low overnight after the Fed's rate hike and GDP forecast cuts had triggered a brutal finish on Wall Street, although S&P futures pointed to a modest rebound later. [.N] "Fed is delivering exactly what it said it would (with rate hikes) but the markets have pushed out the path of interest rates quite a lot," Close Brothers Asset Management Chief Investment Officer Robert Alster said. "All of a sudden we are entering a scenario where everything gets a lot more drawn out... It is a bit disconcerting in some respects but at least they have laid out the road map and we know the economy is second to monetary policy. Wall Street was expected to tick up when it reopens but the benchmark S&P 500 is now less than 4% away from its mid-June low, its weakest point of the year. [.N] In the rates market, short-term yields remain on the rise and the peak for the benchmark Fed funds rate a moving target. The median of Fed officials' own outlook has U.S. rates at 4.4% by year's end -- 100 bps higher than their June projection -- and even higher, at 4.6%, by the end of 2023. Futures have scrambled to catch up. The yield on two-year Treasuries hit a 15-year high of 4.13% in Asia before dipping back to 4.10% in Europe. Ten-year yields are below that, at 3.54% as traders price in the hikes' damage to longer-run growth. In Europe, Germany's rate sensitive 2-year bond yield rose as far as to 1.897% - its highest since May 2011. "No one knows whether this process will lead to a recession or if so how significant that recession would be," Fed Chair Jerome Powell told reporters after the rate hike announcement. "The chances of a soft landing are likely to diminish to the extent that policy needs to be more restrictive, or restrictive for longer." " onerror="this.style.display='none'" class="msg-img" /> FOLLOW THE FED The Swiss National Bank also pulled up its rates by a chunky 0.75 percentage point - only the second increase in 15 years which also ended its 7-1/2 year spell in negative interest rates. Previously Swiss rates had been frozen at minus 0.75% as the SNB tried to tame the appreciation of the Swiss franc but Thursday's message was the reverse, that more hikes as well a FX intervention might be needed in the current environment. "To provide appropriate monetary conditions, the SNB is also willing to be active in the foreign exchange market as necessary," it added, sending the franc up over 1%. The global outlook is helping drive the dollar higher as U.S. yields look attractive and investors think other economies look too fragile to sustain rates as high as those contemplated in the U.S. Japan and China are the outliers and their currencies are sliding particularly hard -- the yen had fallen to the weaker side of 145 per dollar on Thursday before Tokyo's intervention after the Bank of Japan had stuck with its ultra-easy monetary policy. Yields in Japan's government bond market also retreated as speculators closed some bets on imminent policy changes. [JP/] Back in Europe, Norway and Britain raised their rates by 50 bps with traders seeing plenty more coming too. Not that that is much salve for the region's currencies. The pound's modest rise on the day came after it had hit a 37-year low of $1.1213 overnight on the growing worries about the state of Britain's finances. Sweden's crown had also hit a record low despite the country's steepest rate hike in a generation earlier this week. The dollar's rise has also sent emerging market currencies tumbling and punished cryptocurrencies and commodities. Lira traders were left wincing again as Turkey, where inflation is now running at around 85%, defied economic orthodoxy and slashed another 100 basis points off its interest rates. Spot gold was down 0.3% near a two-year low at $1,668 an ounce. Bitcoin was just above $19,000 and Brent crude steadied at $90.33 a barrel after sliding on demand worries. "The more hawkish the Fed gets, the more market volatility is likely to be elevated, and the risk of a recession ticks higher," said Gautam Khanna, Head of U.S. Multi Sector Fixed Income at Insight Investment.
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is that the road map
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@PivotBoss #P I V O T B O S S
**PivotBoss Pre-Market Video [August 29, 2022]: ETH Testing Key Support** AUGUST 29, 2022 — MONDAY AM The ES and NQ are trading within super narrow trading ranges below wLO/wCL after Friday's extreme selling pressure. Any bounce could be seen as a selling opportunity this week, as the market awaits NFP on Friday. Crude Oil is still sitting just below the top of the downward-trending channel. Watch 96 for a break or bounce. ETH is testing significant support at 1400, which could ultimately be a great long term entry idea for a shot at 2850 down the road.
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> $**JPM **-JPMORGAN'S DIMON SAYS HIGH INFLATION, WANING CONSUMER CONFIDENCE, OTHER FACTORS TO HAVE NEGATIVE CONSEQUENCES ON GLOBAL ECONOMY SOMETIME DOWN THE ROAD
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WE WILL ALL WIN OFF OF JPY... DONT STRESS THE SMALL LOSSES, THEY ARE ONLY LESSONS IN THE ROAD TO WINNING
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@PivotBoss #P I V O T B O S S
**PivotBoss Pre-Market Video [July 06, 2022]: Narrow Ranges Across the Board** JULY 06, 2022 — WEDNESDAY AM The ES, NQ, and CL are each trading within very narrow ranges after highly active sessions yesterday. The ES and NQ remains within a strong downtrend, but is seeing short term strength. This wave of strength could push price back to last week's highs, but price needs above wMID first. Crude Oil had a 14 point day on Tuesday, and is currently seeing a narrow range day at the moment. While today could offer a modest strength and a range-bound session, tomorrow could offer another big move lower in the 93 to 95 zone. BTC and ETH continue to build out within their respective ranges, and could see another major move lower down the road, but we are running out of runway to the downside.
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**Bozza del G7: Il G7 sosterrà i dazi sulle importazioni russe.** I dazi russi saranno utilizzati per aiutare l'Ucraina. Continueremo a lavorare sulle forniture per la difesa dell'Ucraina. Il G7 vota il sostegno all'Ucraina per tutto il tempo necessario. **Fonte ufficiale USA: La "partnership per le infrastrutture e gli investimenti globali" del G7 intende contrastare l'iniziativa Belt and Road della Cina.** **Gli Stati Uniti e gli alleati del G7 chiederanno centinaia di miliardi di dollari in nuovi finanziamenti presso le banche multilaterali di sviluppo e presso altre fonti.**
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Il primo ministro del Regno Unito Johnson: Deve esserci un equilibrio tra la difesa degli ideali e il continuare a fare un ampio commercio con la Cina. **Il Regno Unito deve usare la forza fiscale per per aiutare con i prezzi dell'energia.** WB (World Bank) Presidente Malpass: la riduzione del portafoglio obbligazionario della Fed può aiutare a evitare la recessione. L'economia statunitense ha bisogno di capitali per produrre di più. Fonte ufficiale di Shanghai: Shanghai riavvierà progressivamente il servizio di ristorazione il 29 giugno nelle regioni a basso rischio e nei luoghi in cui non si sono verificate malattie COVID a livello di comunità nella settimana precedente. **Presidente del Consiglio dell'UE Michel: Siamo pronti ad approfondire un possibile divieto di importazione di oro russo.** Sono certo che al G7 si discuterà di questo problema e di come far assumere alla Cina un ruolo più positivo. Il cancelliere tedesco Scholz e Biden non hanno approfondito il concetto di tetto al petrolio. Il cancelliere tedesco Scholz: c'è ancora da fare per superare la situazione energetica e l'inflazione. **(Notizia di ieri) Fonte ufficiale USA: Il G7 annuncerà un embargo sulle importazioni di nuovo oro russo.** Francia: Le discussioni sul prezzo del petrolio dovrebbero includere tutti i produttori. Biden: non ci tireremo indietro da nessun impegno sul clima a causa dell'inflazione. **Il Ministro degli Esteri dell'UE Borrell: l'UE e l'Iran hanno concordato di riavviare i colloqui sul nucleare nei prossimi giorni.** **Gli Stati Uniti rilanciano la loro offerta al G7 per contrastare la Belt and Road Initiative della Cina.**
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Greetings , Fisher V1.12 for Meta Trader 5 has been released . We currently have the digital asset in our basket , it was released today . The current version represents 1/3 of the total progress . But with 1/3 of the road , we can receive pop up signal message and sound alerts automatically . So clients can go to sleep and wait for their signal to take place . No need to disturb the house , just get a blue-tooth device and let the sound alert happen in your ear as you rest or sleep . There are also countless input settings , with many decorative options , including color mode , and many signal arrow styles . The next version will include our company logo both on the bottom and top window of the charts . The last phase of the progress line will be adding a rich-text html signal sent directly to your inbox . We are nearly fully efficient at running our business . Fisher is estimated to be completed no later then June-22nd-2022 . We will have it all in a few weeks , ask Emporos for the current version if you want to start receiving advanced signals .
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By Hyunjoo Jin SAN FRANCISCO (Reuters) - Tesla (NASDAQ:TSLA) CEO Elon Musk has a "super bad feeling" about the economy and needs to cut about 10% of jobs at the electric carmaker, he said in an email to executives seen by Reuters. The message, sent on Thursday and titled "pause all hiring worldwide", came two days after the billionaire told staff to return to the workplace or leave, and adds to a growing chorus of warnings from business leaders about the risks of recession. Almost 100,000 people were employed at Tesla and its subsidiaries at the end of 2021, its annual SEC filing showed. The company was not immediately available for comment. Tesla shares fell nearly 5% in U.S. pre-market trade on Friday and its Frankfurt-listed stock was down 3.6% after the Reuters report. U.S. Nasdaq futures turned negative and were trading 1% lower. Musk has warned in recent weeks about the risks of recession, but his email ordering a hiring freeze and staff cuts was the most direct and high-profile message of its kind from the head of an automaker. So far, demand for Tesla cars and other electric vehicles (EV) has remained strong and many traditional indicators of a downturn - including increasing dealer inventories and incentives in the United States - have not materialized. But Tesla has struggled to restart production at its Shanghai factory after COVID-19 lockdowns forced costly outages. "It is always better to introduce austerity measures in good times than in bad times. I see the statements as a forewarning and a precautionary measure," said Hanover-based NordLB analyst Frank Schwope. Many carmakers achieved record profits in 2021, but the economic situation is now more uncertain, he noted. Musk's gloomy outlook echoes recent comments from executives including JPMorgan Chase & Co (NYSE:JPM) CEO Jamie Dimon and Goldman Sachs (NYSE:GS) President John Waldron. A "hurricane is right out there down the road coming our way," Dimon said this week. Inflation in the United States is hovering at 40-year highs and has caused a jump in the cost of living for Americans, while the Federal Reserve faces the difficult task of dampening demand enough to curb inflation while not causing a recession. Musk, the world's richest man according to Forbes, did not elaborate on the reasons for his "super bad feeling" about the economic outlook in the brief email seen by Reuters. It was also not immediately clear what implication, if any, Musk's view would have for his $44-billion bid for Twitter (NYSE:TWTR). U.S. antitrust regulators cleared the deal on Friday, sending Twitter shares up nearly 2% in pre-market trading. Several analysts have cut price targets for Tesla recently, forecasting lost output at its Shanghai plant, a hub supplying EVs to China and for export. China accounted for just over a third of Tesla's global deliveries in 2021, according to company disclosures and data released on sales there. On Thursday, Daiwa Capital Markets estimated Tesla had about 32,000 orders awaiting delivery in China, compared to 600,000 vehicles for BYD, its larger EV rival in that market. Wedbush Securities analyst Daniel Ives said in a tweet it appeared Musk and Tesla were "trying to be ahead of a slower delivery ramp this year and preserve margins ahead of an economic slowdown." ) 'PAUSE ALL HIRING' Before Musk's warning, Tesla had about 5,000 job postings on LinkedIn from sales in Tokyo and engineers at its new Berlin gigafactory to deep learning scientists in Palo Alto. It had scheduled an online hiring event for Shanghai on June 9 on its WeChat channel. Musk's demand that staff return to the office has already faced pushback in Germany. And his plan to cut jobs would face resistance in the Netherlands, where Tesla has its European headquarters, a union leader said. "You can't just fire Dutch workers," said FNV union spokesperson Hans Walthie, adding Tesla would have to negotiate with a labor union on terms for any departures. In a Tuesday email, Musk had said Tesla employees were required to be in the office for a minimum of 40 hours per week, closing the door on any remote work. "If you don't show up, we will assume you have resigned," he said. Musk has referred to the risk of a recession repeatedly in recent comments. Remotely addressing a conference in mid-May in Miami Beach, he said: "I think we are probably in a recession and that recession will get worse." ) " onerror="this.style.display='none'" class="msg-img" /> Other companies have cut jobs or are slowing or pausing hiring amid weakening demand. Last month, Netflix (NASDAQ:NFLX) said it had laid off about 150 people, mostly in the United States, and Peloton (NASDAQ: PTON) said in February it would cut 2,800 jobs. Meta Platforms, Uber (NYSE:UBER) and other technology companies have slowed hiring. In June 2018, Musk said Tesla would cut 9% of its workforce as the then-loss-making company struggled to ramp up output of Model 3 electric sedans, although data in its SEC filings showed reductions were more than offset by hiring by year end.
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THE CRUSH WEEK ON THE ROAD TO RECOVERY
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"ROAD TO RECOVERY "
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Despite Recent Bumps in the Road, Stablecoins Will Stick Around https://www.coindesk.com/markets/2022/05/19/despite-recent-bumps-in-the-road-stablecoins-will-stick-around/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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Bitcoin price falls to $31K as traders prepare for a ‘rocky’ road and more downside https://cointelegraph.com/news/bitcoin-price-falls-to-31k-as-traders-prepare-for-a-rocky-road-and-more-downside
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Bitcoin's rocky road to becoming a risk-off asset: analysts investigate https://cointelegraph.com/news/bitcoin-s-rocky-road-to-becoming-a-risk-off-asset-analysts-investigate
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people losing it about Musk, why, he is a hard working politically middle of the road guy
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Some food for thought this morning. From my view, it seems like the US Bond market may have done some tightening FOR the FEDs already. Just from a simple point of view, US mortgage rates, savings rates, auto loan rates (ALL RATES really) have gone UP with the bond market selling off. Could this be a sign that the FEDs wont increase rates as much as everyone is predicting? Do we still get 7-9 rate increases this year? I dont think this is the road that the feds want to go down. Is it possible? Absolutely. I'm no economist, but these rate increases don't seem likely this year IMHO.
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Seized Silk Road Bitcoin to Clear Ross Ulbricht's $183 Million Debt https://www.coindesk.com/policy/2022/04/22/seized-silk-road-bitcoin-to-clear-ross-ulbrichts-183-million-debt/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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By Lucia Mutikani WASHINGTON (Reuters) -U.S. monthly consumer prices increased by the most in 16-1/2 years in March as Russia's war against Ukraine boosted the cost of gasoline to record highs, cementing the case for a 50 basis points interest rate hike from the Federal Reserve next month. The surge in prices reported by the Labor Department on Tuesday culminated in annual inflation rising at its fastest pace since the end of 1981. But there were some glimmers of hope, with monthly underlying price pressures rising moderately as motor vehicle prices cooled. Economists also believe overall inflation has peaked. "The Fed will take a tiny bit of comfort from today's report, but it still has much work to do to restore price stability," said Sal Guatieri, a senior economist at BMO Capital Markets in Toronto. The consumer price index accelerated 1.2% last month, the biggest monthly gain since September 2005. The CPI advanced 0.8% in February. An 18.3% surge in gasoline prices accounted for more than half the increase in the CPI. Gasoline prices at the pump on average soared to an all-time high of $4.33 per gallon in March, according to AAA. Russia is the world's second-largest crude oil exporter. The United States has banned imports of Russian oil, liquefied natural gas and coal as part of a range of sanctions against Moscow for its invasion of Ukraine. In addition to pushing up gasoline prices, the Russia-Ukraine war, now in its second month, has led to a global surge in food prices as Russia and Ukraine also are major exporters of commodities like wheat and sunflower oil. Outside gasoline, the increase in inflation was across the board. Food prices increased 1.0%, with the cost of food consumed at home soaring 1.5% amid strong gains across all categories. But the cost of food consumed away from home moderated as a 0.7% rise in full service meals was partially offset by a 0.2% drop in limited service meals, the first decrease since October 2018. In the 12 months through March, the CPI accelerated 8.5%. That was the largest year-on-year gain since December 1981 and followed a 7.9% jump in February. It was the sixth straight month of annual CPI readings north of 6%. Last month's increase in inflation was in line with economists' expectations. The strong CPI readings followed on the heels of news last month that the unemployment rate fell to a new two-year low of 3.6% in March. The tight labor market is fueling wage inflation. The U.S. central bank in March raised its policy interest rate by 25 basis points, the first hike in more than three years. Minutes of the policy meeting published last Wednesday appeared to set the stage for big rate increases down the road. High inflation and the Fed's hawkish posture have left the bond market fearing a U.S. recession, though most economists expect the expansion will continue. U.S. stocks opened higher. The dollar was steady against a basket of currencies. U.S. Treasury yields fell. MONTHLY CORE CPI SLOWS Economists believe March could mark the peak in the annual CPI rate, but caution that inflation would remain well above the Fed's 2% target at least through 2023. Gasoline prices have retreated from record highs, but still remain above $4 per gallon. Last year's high inflation readings will also start falling from the CPI calculation. "March may prove to be the peak for year-over-year inflation measures for this cycle," said Ben Ayers, senior economist at Nationwide in Columbus, Ohio. "Still, given the high starting point and the likelihood of further delays to the healing of supply chains, inflation readings should remain highly elevated through 2022 and into 2023." A second straight monthly decline in prices of used cars and trucks resulted in a tame monthly reading for underlying inflation. New motor vehicle prices also moderated. Excluding the volatile food and energy components, the CPI rose 0.3% after gaining 0.5% in February. A 0.5% increase in shelter costs accounted for nearly two-thirds of the rise in the so-called core CPI. A key measure of rents, owners' equivalent rent of primary residence, advanced 0.4%. The cost of hotel and motel accommodation also increased strongly. Airline fares soared 10.7%. Household furnishings also cost more and did motor vehicle insurance, apparel, recreation and personal care. The cost of healthcare rose 0.5%, with both doctor visits and hospital services increasing solidly. But prescription medication prices fell 0.2%. The core CPI climbed 6.5% in the 12 months through March, the largest rise since August 1982, after increasing 6.4% in February. Lockdowns in China to contain a resurgence in COVID-19 infections are seen putting more strain on global supply chains, which could keep goods prices elevated. Separately, rising rents for housing are also expected to keep core inflation hot.
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2) I am still sitting on the $PLTR Calls after getting stopped out of the $ZIM position. The catalyst for the $ZIM trade cae as expected ( announcement of shipping rate increases) but the market sold the news much heavier than I anticipated. I will make this up down the road.
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Road to Consensus: Latashá https://www.coindesk.com/consensus2022/2022/04/04/road-to-consensus-latasha/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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Road to Consensus: Garry Kasparov https://www.coindesk.com/consensus2022/2022/04/04/road-to-consensus-garry-kasparov/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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as Jonova said pumpy road to the highest
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Nobody is going down that road again! Merica isn't gonna comply!
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Around where does the chf/jpy bear lands , follow the red big road rectanngle .
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Web3: Onboarding the next billion users — The road ahead https://cointelegraph.com/news/web3-onboarding-the-next-billion-users-the-road-ahead
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on the long road down
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Crypto Exchanges Facing 'Fork in the Road' Over Russia Sanctions - London Stock Exchange Group CEO https://cryptonews.com/news/crypto-exchanges-facing-fork-road-over-russia-sanctions-london-stock-exchange-group-ceo.htm
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Thanks for stating the obvious > @dros said: WHITE HOUSE SAYS U.S. NEEDS TO BE PREPARED FOR LONG, DIFFICULT ROAD AHEAD
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Wait what happened to Build Back Better ? LMAO > @dros said: WHITE HOUSE SAYS U.S. NEEDS TO BE PREPARED FOR LONG, DIFFICULT ROAD AHEAD
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WHITE HOUSE SAYS U.S. NEEDS TO BE PREPARED FOR LONG, DIFFICULT ROAD AHEAD
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hold on.. i dont want a nuclear f250 on the road anytime soon
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(Adds Kirby (NYSE:KEX), Truss) By Pavel Polityuk and Aleksandar Vasovic LVIV, Ukraine/KYIV (Reuters) - Russian invasion forces seized Europe's biggest nuclear power plant on Friday in what Washington called a reckless assault that risked catastrophe, although a blaze in a training building was extinguished and officials said the facility was now safe. Combat raged elsewhere in Ukraine as Russian forces surrounded and bombarded several cities in the second week of the assault launched by Russian President Vladimir Putin. A presidential adviser said an advance had been halted on the southern city of Mykolayiv after local authorities said Russian troops had entered it. If captured, the city of 500,000 people would be the biggest yet to fall. The capital Kyiv, in the path of a Russian armoured column that has been stalled on a road for days, came under renewed attack, with air raid sirens blaring in the morning and explosions audible from the city centre. The Russian assault on the Zaporizhzhia plant showed how reckless the invasion has been, U.S. Pentagon spokesman John Kirby told CNN. "It just raises the level of potential catastrophe to a level that nobody wants to see," Kirby said. A video verified by Reuters showed one building aflame and a volley of incoming shells before a large incandescent ball lit up the sky, exploding beside a car park and sending smoke billowing across the compound. Although the plant was later said to be safe and the fire out, officials worried about the precarious circumstances, with Ukrainian staff now operating under Russian control. International Atomic Energy Agency chief Raphael Grossi described the situation as "normal operations, but in fact there is nothing normal about this". He paid homage to the plant's Ukrainian staff: "to their bravery, to their courage, to their resilience because they are doing this in very difficult circumstances." Grossi said the plant was undamaged from what he believed was a Russian projectile. Only one reactor was working, at around 60% of capacity. He was trying to contact Russian and Ukrainian officials to sort out political responsibility. An official at Energoatom, the Ukrainian state nuclear plant operator, said there was no further fighting and radiation was normal, but his organisation no longer had contact with the plant's management or control over potentially dangerous nuclear material. "Personnel are on their working places providing normal operation of the station," the official told Reuters. Russia's defence ministry also said the plant was working normally. It blamed the fire on a "monstrous attack" by Ukrainian saboteurs and said its forces were in control. "EUROPEANS WAKE UP" Russia's grip on a plant that provides more than a fifth of Ukraine's electricity was a big development after eight days of war in which other Russian advances have been stalled by fierce resistance. "Europeans, please wake up. Tell your politicians – Russian troops are shooting at a nuclear power plant in Ukraine," Ukrainian President Volodymyr Zelenskiy said in a video address. In another address, he called on Russians to protest. Thousands of people are believed to have been killed or wounded and more than 1 million refugees have fled Ukraine since Feb. 24, when Putin ordered the biggest attack on a European state since World War Two. Russian forces advancing from three directions have besieged cities, pounding them with artillery and air strikes. Moscow says its aim is to disarm its neighbour and capture leaders it calls neo-Nazis and a threat to its own security. Ukraine and its Western allies call that a baseless pretext for a war to conquer a country of 44 million people. FIGHTING RAGES, SANCTIONS MOUNT In Kyiv's Borshchahivka neighbourhood, the twisted engine of a cruise missile lay in the street where it had apparently been downed overnight by Ukrainian air defences. Residents were furious but also proud of what they see as the successful defence of the city of 3 million, which Russia had hoped to capture within days. Russian troops "all should go to hell," said Igor Leonidovich, 62, an ethnic Russian who had moved to Ukraine 50 years ago as a boy. "For the occupiers it is getting worse and worse, every day." In Russia itself, where Putin's main opponents have largely been jailed or driven into exile, the war has led to a further crackdown on dissent. Authorities have banned reports that refer to the "special military operation" as a "war" or "invasion". Anti-war demonstrations have been squelched with thousands of arrests. On Friday, Russia shut down foreign broadcasters including the BBC, Voice of America and Deutsche Welle. The most prominent independent Russian broadcasters, TV Dozhd (Rain) and Ekho Moskvy radio, were shuttered on Thursday. The lower house of parliament introduced legislation to impose jail terms on people who spread "fake" reports about the military. Russia has been subjected to economic isolation never before visited on such a large economy. Ireland's foreign minister, Simon Coveney, said more EU sanctions were coming, potentially including a ban on Russian-flagged ships in European ports and blocking imports of steel, timber, aluminium or coal. British Foreign Secretary Liz Truss said Western countries should look at measures targeting Russia's oil and gas sector - still excluded from sanctions - and how how reduce their dependence on Russian energy. Only one sizeable Ukrainian city, the southern port of Kherson, has fallen to Russian forces since the invasion began. But Russian forces have made their biggest advances in the south. Mykolayiv's mayor said they were now inside his city, a shipbuilding port of 500,000 people. Zelenskiy's military adviser, Oleksiy Arestovych, said the Russian advance there had been halted. "We can feel cautious optimism about the future prospects of the enemy offensive - I think that it will be stopped in other areas also." The southeastern port of Mariupol has been encircled and bomabarded, Britain said in an intelligence update. Authorities there have described a humanitarian emergency. In the northeast, along another axis of the Russian attack, Kharkiv and Chernihiv have been under bombardment since the start of the invasion. Strikes have intensified but defenders are holding out. On Thursday, Russia and Ukraine negotiators agreed at talks on the need for humanitarian corridors to help civilians escape and to deliver medicines and food to areas of fighting. A spokesperson for the United Nations childrens' agency in Lviv said there had been an "insane influx" of people into the city. Pediatricians were preparing for mass child casualties and identifying them, James Elder said. "A green dot means fine over here, a yellow dot means critical support. They are learning a black dot means the child won't make it."
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Market should find some relief with comments although he did say 50 bps possible down the road..
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By Natalia Zinets and Aleksandar Vasovic KYIV/MARIUPOL, Ukraine (Reuters) - Russian forces invaded Ukraine on Thursday in a massed assault by land, sea and air, the biggest attack by one state against another in Europe since World War Two. Missiles rained down. Ukraine reported columns of troops pouring across its borders from Russia and Belarus and landing on the coast from the Black and Azov seas. Ukrainian troops fought Russian forces along practically the entire border, and fierce fighting was taking place in the regions of Sumy, Kharkiv, Kherson, Odessa and at a military airport near Kyiv, an adviser to the presidential office said. Explosions were heard before dawn and throughout the morning in the capital Kyiv, a city of 3 million people. Gunfire rattled, sirens blared, and the highway out of the city choked with traffic as residents fled. The assault brought a calamitous end to weeks of fruitless diplomatic efforts by Western leaders to avert war, their worst fears about Russian President Vladimir Putin's ambitions realised. "Russia treacherously attacked our state in the morning, as Nazi Germany did in the WW2 years," tweeted Ukraine's President Volodymyr Zelenskiy. "Russia has embarked on a path of evil, but Ukraine is defending itself & won't give up its freedom no matter what Moscow thinks." Calling on Ukrainians to defend their country, he said arms would be given to anyone prepared to fight. He also urged Russians to take to the streets to protest against their government's actions. U.S. President Joe Biden called the Russian action an "unprovoked and unjustified attack". EU Commission chief Ursula von der Leyen said the bloc would impose a new round of sanctions that would hit Russia's economy severely. EU foreign affairs chief Josep Borrell said: "These are among the darkest hours of Europe since the Second World War." RUSSIAN BOMBING In an early-morning declaration of war, Putin said he had ordered "a special military operation" to protect people, including Russian citizens, subjected to "genocide" in Ukraine - an accusation the West calls baseless propaganda. "And for this we will strive for the demilitarisation and denazification of Ukraine," Putin said. "Russia cannot feel safe, develop, and exist with a constant threat emanating from the territory of modern Ukraine" He added: "All responsibility for bloodshed will be on the conscience of the ruling regime in Ukraine." A resident of Kharkiv, Ukraine's second biggest city and close to the Russian border, said windows in apartment blocks were shaking from constant blasts. Blasts could be heard in the southern port of Mariupol, near a frontline held by Russian-backed separatists. On a highway leading out, a Ukrainian armoured column thundered along the road, with soldiers atop turrets smiling and flashing victory signs to cars which honked their horns in support. Civilians in Mariupol packed bags: "We are going into hiding," a woman said. Ukrainian officials said Russian helicopters attacked Gostomel, a military airport near Kyiv, and Ukraine downed three of them. Ukrainian border officials said the Russians were trying to penetrate Kyiv region and the Zhytomyr region on the Belarusian border, and they were using Grad rockets. Initial unconfirmed reports of casualties included Ukrainian civilians killed by Russian bombardment and border guards defending the frontier. Regional authorities of Ukraine's southern Odessa region said 18 people were killed in a missile attack. At least six people were killed in Brovary, a town near Kyiv, authorities there said. Ukraine reported five people killed when one plane was shot down. Ukraine's military said it had destroyed four Russian tanks on a road near Kharkiv, killed 50 troops near a town in Luhansk region and downed six Russian warplanes in the east. Russia denied reports its aircraft or armoured vehicles had been destroyed. Russian-backed separatists claimed to have downed two Ukrainian planes. 'RUSSIA ALONE IS RESPONSIBLE' Even with a full-blown invasion under way, Putin's ultimate aim is obscure. He said he did not plan a military occupation, only to disarm Ukraine and purge it of nationalists. The outright annexation of such a vast hostile country could be beyond Russia's military capabilities. But if the aim is just to replace Zelenskiy's government, it is hard to see Ukrainians accepting any new leadership Russia might try to install. "I think we must fight all those who invade our country so strongly," said one man stuck in traffic trying to leave Kyiv. "I would hang every single one of them from bridges." Biden has ruled out sending U.S. troops to defend Ukraine, but Washington has reinforced NATO allies in the region with extra troops and planes. The West has pledged to impose severe sanctions. "Russia alone is responsible for the death and destruction this attack will bring, and the United States and its Allies and partners will respond in a united and decisive way," Biden said. Russia is one of the world's biggest energy producers, and both it and Ukraine are among the top exporters of grain. War and sanctions will disrupt economies around the world already facing a supply crisis as they emerge from the pandemic. Stocks and bond yields plunged; the dollar and gold soared. Brent oil surged past $100/barrel for the first time since 2014. [MKTS/GLOB] At least three major buyers of Russian oil said they had been denied letters of credit from Western banks, needed for shipments to go ahead. A democratic country of 44 million people, Ukraine is Europe's biggest country by area after Russia itself. It voted overwhelmingly for independence at the fall of the Soviet Union, and aims to join NATO and the European Union, aspirations that infuriate Moscow. Putin, who denied for months he was planning an invasion, has called Ukraine an artificial construct carved from Russia by its enemies, a characterisation Ukrainians see as an attempt to erase their more than 1,000-year-old history. While many Ukrainians, particularly in the east, speak Russian as a native language, virtually all identify as a separate nationality. 'WE'RE AFRAID' Queues of people waited to withdraw money and buy supplies of food and water in Kyiv. Cars stretched for dozens of kilometres (miles) on the highway leading from the capital west towards Poland, where Western countries have prepared for the likelihood of hundreds of thousands of refugees. "We're afraid of bombardments," said Oxana, trying to flee and stuck in her car with her three-year-old daughter on the backseat. "This is so scary." Three hours after Putin gave his order, Russia's defence ministry said it had taken out military infrastructure at Ukrainian air bases and degraded its air defences. Earlier, Ukrainian media reported that military command centres in Kyiv and Kharkiv had been struck by missiles, while Russian troops had landed at Odessa and Mariupol. Russia announced it was shutting all shipping in the Azov Sea. Russia controls the strait leading into the sea where Ukraine has ports including Mariupol. Ukraine appealed to Turkey to bar Russian ships from the straits connecting the Black Sea to the Mediterranean. In Russia, where state media have for weeks been airing footage of purported Ukrainian attacks that Western countries call crudely staged fakes, the broadcast regulator said all news outlets must cite only official Russian sources on Ukraine. An activist who called for anti-war demonstrations was detained.
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Construction Partners, Inc. is a vertically integrated civil infrastructure company operating across five southeastern states, with 48 hot-mix asphalt plants, nine aggregate facilities and one liquid asphalt terminal. Publicly funded projects make up the majority of its business and include local and state roadways, interstate highways, airport runways and bridges. The majority of the Company's public projects are maintenance-related. Private sector projects include paving and sitework for office and industrial parks, shopping centers, local businesses and residential developments.
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