Futures
ARE YOU FOR REAL's Dead Futures Cluster on Figures & Hauntology
2024-12-02
December 8, 2024 marks a significant event as ARE YOU FOR REAL presents Dead Futures. This platform, dedicated to expanding international cultural exchange and contemporary exhibition practices, delves into the realm where digital world-making, aesthetic investigation, and performative political reflection converge. In Phase Two, a diverse range of artworks explore the intricate relationship between computation and reality, forming thematic clusters that resemble planetary systems, shedding new light on the digital sphere.

Uncover the Mysterious Realm of Dead Futures

Jazmina Figueroa's A Tumulted Space

Immerse yourself in Jazmina Figueroa's multimedia radio play, "A Tumulted Space." Here, soundscapes intertwine with a captivating script, recounting the harrowing experiences of two historical figures who endured torture. Irma Bandiera, a twentieth-century anti-fascist partisan, and Artemisia Gentileschi, a seventeenth-century artist, share their tales. This work not only pays homage to their courage but also showcases the power of storytelling through different eras and mediums. It invites us to connect with the past and understand the struggles of those who came before us.Another aspect of this piece is how it layers different elements to create a truly immersive experience. The combination of sound and script transports us to a different time and place, making us feel the pain and resilience of these historical figures. It serves as a reminder of the importance of preserving history and the stories that shape our present.

Simon Speiser's La Visión del Monte

Simon Speiser's online version of "La Visión del Monte" offers a unique reinterpretation. This mechatronic light sculpture represents spiritual encounters in Ecuador's Esmeraldas rainforest. By interviewing his father and other locals, Speiser has collected tales that reflect the rich cultural fusion of African, Indigenous, and Spanish influences in their maroon society.The work showcases the beauty and complexity of these cultural interactions. It highlights how different cultures come together to create something new and meaningful. Through Speiser's exploration, we gain a deeper understanding of the spiritual and cultural heritage of this region. This installation serves as a testament to the power of art in preserving and celebrating cultural diversity.

Hagit Keysar and Ariel Caine's Terra ex Machina

Hagit Keysar and Ariel Caine's "Terra ex Machina" builds on their ongoing mapping and 3D modeling work. They investigate the colonization of space and visibility in Israel/Palestine, using DIY aerial photography, drone imagery, and photogrammetry. This allows them to visualize the infrastructure of a no-fly zone and examine its epistemic and ontological effects.By delving into these issues, they bring attention to the complex realities of space colonization and its impact on different regions. Their work serves as a call to action, urging us to consider the consequences of our actions in space and on Earth. It showcases the importance of using art and technology to raise awareness about important social and political issues.

Emilija Škarnulytė's Riparia

Emilija Škarnulytė's "Riparia" takes viewers on a poetic journey along the Rhône. Utilizing photogrammetry and underwater sensors, she examines the benthic and riparian zones while also representing the river's tutelary goddesses. This exploration exposes the impact of human intervention and merges mythology with hydrology.The work beautifully combines different elements to create a sense of wonder and reflection. It makes us think about our relationship with nature and the importance of protecting our waterways. Through Škarnulytė's art, we are reminded of the delicate balance between human activities and the natural world.

Jonas Van and Juno B.'s Visage

Jonas Van and Juno B.'s "Visage" reimagines the myth of the "Mysterious Peacock" in the Brazilian Northeast. This spiritual sci-fi quest across imagined topographies is inspired by the popular Cordel literary tradition and dialogues from Octavia E. Butler.The piece showcases the creativity and imagination of the artists as they bring a myth to life in a new and exciting way. It highlights the power of myth in shaping our cultural identity and the role that art can play in reinterpreting and evolving these stories. Through "Visage," we are transported to a world of wonder and mystery.

A Planet Devoid of Featured Artwork

On the Dead Futures subpage, a planet devoid of a featured artwork circulates. This is a gesture of solidarity with artists facing censorship and persecution. It honors those who have withdrawn or refused to participate in ARE YOU FOR REAL Phase 2 in the current context of ongoing wars. It symbolizes the resistance born from oppression and dissent, reminding us of the importance of standing up for artistic freedom.ARE YOU FOR REAL was initiated by ifa in 2020. Phase 2 is curated by Giulia Bini and Lívia Nolasco-Rózsás, with design and programming by Yehwan Song and sound design crafted by Enrico Boccioletti. ifa works with partners worldwide to promote freedom in the arts, research, and civil society. By bringing people together and generating analogue and digital spaces, it gives a voice to activists, artists, and scientists, promoting their collaboration and working closely with European partners to pursue its goals. ifa is supported by the Federal Foreign Office of the Federal Republic of Germany, the state of Baden-Württemberg, and its capital Stuttgart. Press contact: presse [​at​] ifa.de.
Stellantis, Intel, S&P 500: Market Updates After Best Month
2024-12-02
Stellantis, a prominent carmaker with brands like Chrysler, Jeep, Fiat, and Peugeot, recently made headlines when its CEO, Carlos Tavares, stepped down. This decision came over the weekend and was effective immediately. The company stated that the process to appoint a replacement was already in progress and they expect to name a new head in 2025. In the meantime, an interim executive committee will handle Tavares's duties.

The Impact of Stellantis CEO's Resignation on the Stock Market

CEO Resignation and Its Immediate Effect

Stellantis shares took a significant hit after the announcement of CEO Carlos Tavares's resignation. As of 18 minutes ago, the stock had sunk, with shares off by some 7% to reach their lowest point of the year. Since the start of 2024, the stock has already fallen nearly 50%, highlighting the challenges the company is facing. The struggling carmaker is battling weak sales and tough competition, especially from China. Some dealers have expressed their concerns about the company's focus on cutting costs and keeping prices high, which has kept potential buyers away from showrooms.

The Process of Appointing a New CEO

Senior Independent Director Henri de Castries mentioned in a statement that different views had emerged in recent weeks, leading to this decision. The company is confident that the process to appoint a new CEO is well underway. They expect to name a new company head in 2025, and until then, the interim executive committee will ensure the smooth running of the business. This transition period will be crucial for Stellantis as they look to regain their footing in the highly competitive automotive market.

Impact on the Stock Market in the Long Run

The resignation of the CEO has not only affected the short-term performance of Stellantis stock but also raised questions about the company's future. Investors will be closely watching the appointment of a new CEO and how it will impact the company's strategy and performance. The automotive industry is constantly evolving, and a new leader may bring fresh perspectives and ideas to drive the company forward. In the meantime, the stock market will continue to monitor Stellantis's progress and react accordingly.

Intel Stock's Response to CEO Retirement

Meanwhile, Intel also made headlines with its CEO's retirement. Pat Gelsinger stepped down effective yesterday, and the company named two interim leaders, David Zinsner (CFO) and Michelle “MJ” Johnston Holthaus (Intel Products CEO). The stock, which has lost about half its value since the start of the year, showed some initial signs of recovery, rising about 2% in early trading Monday. Intel has already formed a search committee to find a permanent replacement, indicating their commitment to moving forward.

S&P 500 Levels and Key Support Levels

The S&P 500 hit a new record high of 6,047 points in early trading Monday after an impressive November. However, as the index rose to all-time highs, the relative strength index recorded a comparatively lower high, creating a bearish divergence. This chart signal suggests slowing buying momentum. During pullbacks, investors should keep an eye on key support levels on the S&P 500's chart around 5,870 and 5,670. A measured move calculation forecasts a bullish price target in the index of 6,675, providing some potential upside for investors.

Stocks' Performance in December After a Strong November

The S&P 500 and Dow Jones Industrial Average rose 5.7% and 7.5%, respectively, in November, marking their biggest one-month gains of the year. The Nasdaq Composite also performed well, rising 6.2% and achieving its best performance since May. So far in 2024, the Nasdaq is up 28%, while the S&P 500 has gained 26.5% and the Dow has added 19%. These gains indicate a positive start to December, but investors will need to remain cautious as the market continues to evolve.

Futures and Their Minor Changes

Futures tied to the Dow Jones Industrial Average were down less than 0.1%, while S&P 500 futures were also down fractionally. Nasdaq 100 futures showed a slight increase. These minor changes in futures suggest that the market is in a state of flux, with investors waiting for more clarity on the future direction of the stock market.
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US Stock Futures Indicate Market's Growth Potential
2024-12-02
Morning Brief Co-hosts Seana Smith and Brad Smith embark on an in-depth exploration of US stock futures (ES=F, YM=F, NQ=F). They meticulously examine factors that hint at the continuation of market growth and closely study the historical December market performance since 1990. This examination provides valuable insights into the market trends.

Highlighting the S&P 500's Ascent in 2024

As the first trading day of December commences, the S&P 500 (^GSPC) shows a remarkable upward trajectory. This ascent throughout 2024 is a significant aspect that the co-hosts focus on. They analyze the various factors contributing to this growth and discuss its implications for investors.

Examining Market Growth Factors

The Morning Brief Co-hosts delve deep into the factors suggesting continued market growth. They consider economic indicators, industry trends, and global events that could impact the stock futures. By analyzing these factors, they offer a comprehensive understanding of the market dynamics. 1: Economic indicators such as GDP growth, employment rates, and inflation play a crucial role in determining market trends. A healthy economy with stable growth often leads to increased investor confidence and a rise in stock prices. The co-hosts closely monitor these indicators and their impact on US stock futures. 2: Industry trends also have a significant influence on stock futures. They analyze different sectors such as technology, healthcare, and finance to identify emerging trends and potential growth areas. By staying ahead of these trends, investors can make more informed decisions.

Studying Historical December Market Performance

Looking back at the historical December market performance since 1990 provides valuable lessons and insights. The co-hosts examine how the market has performed during this period and identify patterns and trends. This historical analysis helps them predict future market movements and make more accurate forecasts. 1: December has often been a month of volatility in the stock market. The co-hosts explore the reasons behind this volatility and how it affects different asset classes. They provide strategies for investors to navigate through this volatility and minimize risks. 2: By studying historical data, the co-hosts also identify periods of strong market performance in December. They analyze the factors that contributed to these periods and look for similarities and differences with the current market conditions. This helps investors make better investment decisions based on historical precedents.To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith.
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