Online Black Friday spending in the U.S. rose to a new record in 2022, hitting $9.1 billion, according to estimates from Adobe Analytics. Despite consumers battling with high inflation and a cost of living squeeze in the run up to the Christmas period….
When we think about the challenges facing an investor today, the big problems, the things we worry about that could cause a lot more harm than some interest rate hikes, are mostly outside the United States. China is prominent this weekend because of demonstrations against their zero-COVID policies. The Chinese people appear to be pretty […]
Especially after the recent market rally, talk of “resilient” has become commonplace and central to the bullish narrative. And this resilience – at home and abroad – is undoubtedly associated with the “buffer” created from Trillions of pandemic QE. The significant tightening of market financial conditions for the most part didn’t spark panic in corporate boardrooms.
How about that………..from Morgan Stanley. People have never been more convinced the market is going straight up.
The list of problems with the crypto space is long and troublesome. Not to mention the Federal Reserve’s involvement in the crypto collapse. Steve Brennan and Alhambra CEO Joe Calhoun look lay it out.
What all the entrenched insiders in America’s parasitic, predatory elites and institutions don’t dare admit is that to protect themselves from consequence, we’ve had to sacrifice everything else.
The stock effects of monetary tightening are clearly disinflationary, but the flow effects are less clear. The Fed’s rapid tightening markedly reduced the level of household wealth and thus potential demand, but the bulk of asset repricing seems to be behind us. The impact of tighter policy going forward is less certain because higher rates […]
Twitter has descended into absolute chaos since Elon Musk bought it for $44 billion last month. It all started when the new CEO fired around 50 percent of the company’s workforce in the first week of November. Then, just one week on, the company announ…
The list of countries with the biggest share of the native-born population living in the diaspora reveals stories of war and displacement but also of economic stagnation and a lack of perspectives. In regions where small countries are common and remote…
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Shield your eyes, Frank………………