FEEDHow much can one say about lifetime highs day after day? The bulls still have their sails utterly filled with the strong breeze provided by Fed liquidity, a complacent and giddy media, and the fact that lifetime highs tend to beget more lifetime hi…
Too much ice, not enough electricity. For others, brutal cold. Weather extremes were only one facet of such an “interesting” week. Much to Beijing’s chagrin,…
The mainstream holds the Fed is busy planning a return to the glory days of zero interest rates, but ZIRP is on the downside of the S-Curve; it’s done, gone, history.
If the last years have shown us anything, it’s that a lot can change, fast. While many events cannot be foreseen, can others? Ipsos asked more than 25,000 people across 34 countries about their predictions for the coming year, with a survey on topics r…
Speculation has its own expiration dynamics, and they don’t depend on us recognizing speculative excess for what it is. They will unravel the excesses regardless of what we think, hope or deny.
After such a strong year for equities in 2023, it may seem odd to think that 2024 could pad those already healthy gains. There are, however, a couple of reasons (besides the government’s persistent aid of the stock market) to consider this mi…
With their history in winemaking dating back not centuries but millenniums, Italy and France have always been at the pinnacle of the global wine industry. To this day, the two European countries are world leaders in viticulture, with their wines renown…
In what can now safely be described as a plateau in interest rates, the Fed, European Central Bank and the Bank of England announced their decisions this week to stick the levels they’ve now been sitting at for a couple of months.As this infographic sh…
When the United States and the European Union finally buried the hatchet in a long-simmering dispute over government subsidies to Boeing and Airbus in June 2021, wine lovers in the U.S. may well have opened a bottle of Bordeaux to celebrate. While that…
Just in time for the holiday rush that will see millions of Americans hit the road, gas prices in the United States continued their downward trend last week. According to the U.S. Energy Information Administration, the national average price of one gal…
