Preface to all three parts: even though the S&P 500 is only about 10% lower than it was at its lifetime peak early this year, the carnage among younger stocks is many times that amount. These were some of the most hotly-anticipated, eagerly-awa…
Going back three decades to the Greenspan Fed, the almighty Federal Reserve seemingly had a solution for just about any problem. Wars, financial crises, economic downturns, terrorist attacks, and a pandemic… At least for financial markets, crises were no longer something to fear. Indeed, they were money-making opportunities.
Russian billionaires have seen their fortunes dwindle in a major way since the country started its invasion of Ukraine on February 24. On March 3, the net worth of the Russian ultra-rich listed on the Bloomberg Billionaires Index was a combined $88 bil…
Well, I’ve been rolling my eyes at Bumble (BMBL) ever since it came out, and it’s played out disastrously. If you are not familiar with the company, their ENTIRE business model is to provide a clone of the hookup app Tinder but with a t…
Yeah, I know. The bear market is over. The opportunities are gone. It’s too late. Oh, I don’t think so. I, once again, present to you the high-yield bond fund JNK: Here is the longer view. Think this is done? I don’t. I think it&#…
All we hear about is how “hot” our economy is and how it’s OK that it is “running hot“. Ummm, are their screens upside-down? Because I’m not the brightest bulb in the hardware store, but to me this doesn’t …
Following the joint announcement of further economic sanctions against Russia made by Western leaders on Saturday, the Russian financial system was shaken to its core on Monday. In response to the most severe sanctions yet, the ruble’s value crashed to…
Started in 2008, the Great Green Wall is a monumental initiative to regenerate the semi-arid northern Sahel region to prevent the Sahara from spreading southwards. The idea is to plant millions of trees on a strip of land about 8,000km long and 15km wi…
Well, the bulls managed an explosive, terrifying breakout this morning, only to have it blow up in their face. The bulls are basically the Russian soldiers – – childish, clueless, brutal, and amoral. Whereas the bears are like the Ukrai…
In a bid to capitalize on the growth potential of electric vehicles, Ford announced a major restructuring on Wednesday that will separate its legacy ICE (internal combustion engine) business from its electric vehicle division. The former, to be called …