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To: John Pitera who wrote (1618)8/29/2018 12:01:39 PM
From: zzpat1 Recommendation

Recommended By
alwaysbmiki

  Respond to of 1656
 
My last sentence was "Rates aren't falling so we're okay." I said this because previous recessions came after rates fell (after a long string of increases). The Fed realizes it made a mistake, reversed course but it's always too late. A recession hit anyway.

Are you suggesting the Bush 41 recession was caused the S&L crisis? I'd suggest the fall of the Soviet Union was far bigger (less spending).

IMO, the S&L crisis was caused by deregulation. If deregulation hadn't happened the government wouldn't have had to make additional changes "after" S&Ls began to fail. Deregulation kills businesses fast. Note the airline industry, the telecom industry and of course banks. After each, we had massive drops in each industry and the three recessions - including the Great Recession (and the so-called dot.com recession).



To: John Pitera who wrote (1618)8/29/2018 3:38:00 PM
From: John Pitera  Respond to of 1656
 
Microsoft Azure now has Nvidia GPU Cloud support
Aug. 29, 2018 3:06 PM ET|About: Microsoft Corporation (MSFT)|By: Brandy Betz, SA News Editor

Microsoft (NASDAQ: MSFT) Azure now supports Nvidia’s (NASDAQ: NVDA) GPU Cloud for deep learning model training and interference.

Nvidia’s GPU Cloud provides software containers to accelerate high-performance computing for researchers and developers. The container registry supports deep learning tools like TensorFlow, PyTorch, and Microsoft’s Cognitive Toolkit.

Launched early last year, the GPU Cloud is driven by Volta and the Tensor Core GPU architecture.

Microsoft also announced the general availability of its Azure CycleCloud tool for managing HPC clusters in its cloud platform.

Microsoft shares are up 1.3% to $111.64.

Nvidia shares are up 1.9% to $279.33.



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