Last week started with investors focused on Jerome Powell’s testimony before Congress and any hints about future monetary policy. During the course of two days of testimony, that was deemed more hawkish than expected, the market priced in another rate hike and pushed out the possibility of a rate cut all the way to January […]
Silicon Valley Bank was shuttered by regulators becoming the largest bank to fail since the height of the Financial Crisis. What happened?
This was supposed to be the regular Composite Liquidity Update, but we have a slightly more pressing problem at hand for the opening of banks…
The next Bull Market will start when everyone has given up on the stock market as the means to “get rich quick” or even “get rich slowly.”
Silicon Valley Bank (SVB) is not Lehman Brothers, but we can make uncomfortable comparisons.
After a string of fires caused by batteries of electric scooters and bicycles, lithium-ion batteries have come under scrutiny once again. The batteries, which power many everyday products such as laptops, phones and cameras, are generally considered sa…
Tomorrow marks the third anniversary since the World Health Organization declared Covid-19 a pandemic. Three years on and much has changed, including opinions on how the virus started, with one origin theory having taken particular hold in the United S…
After reviewing the withholding tax data for February last week, I decided that the jobs report should be faded. That left a lot to conjecture because there were no economists’ estimates posted yet. Now they are. The consensus expectation is for a head…
As stock markets flailed and the age of zero interest was only slowly beginning to end, 2022 was not kind to investors. The year was also Wall Street’s worst since the Great Recession, causing most shareholders leaving markets owning less than what the…
If AI isn’t self-aware of the fact it is nothing but an exploitive tool of the powerful, then it’s worthless.