Subsidies needed

By: Miguel A. Rodriguez

10:44, 21 October 2021

Consumer staple stocks lift London's FTSE 100; miners weigh
  • #Micron Technology Inc said it is considering building a new memory factory in the United States but that state and federal subsidies will be needed to offset costs that are higher than its factories in Asia
  • London's FTSE 100 edged higher, helped by gains in consumer companies and data showing a modest easing in domestic inflation, although a slide in mining #stocks capped the advance
  • A report from #blockchain development platform Alchemy shows that the Polygon ecosystem is expanding rapidly and is increasingly growing independent from #Ethereum
  • #BTCUSD exploded 3.7% in the last session
  • #AUDUSD rose 0.6% in the last session

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This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided.