A small TIPS purchase.
COVID-19 restrictions are continuing to take a substantial toll on economies across the world. While few countries are providing monthly metrics on how their GDP is recovering from lockdowns in March and April, Norway and the U.K. show how the massive …
The global battle about who will deal with the world’s trash is raging on. After China banned the import of plastic waste in 2019, other Asian countries have expanded into the sector that carries the inherent risk of air, land and maritime pollution. W…
The economic rebound from the depths of the pandemic panic in April and May has ended. The economy may be rolling over again. Bad news for workers and consumers, but not necessarily for investors.
The US Government did no pandemic relief spending in August, and none is on the immediate horizon. Despite that, the monthly budget deficits are freaking enormous and frightening.
Tax receipts are weak and they will provide no relief from those deficits. The US Treasury will continue to borrow massive amounts of money in the markets.
Sounds like bad news for the stock market, right?
Eh, not quite. Here’s why.
The coronavirus pandemic aided or at least coincided with a high demand for videosharing app TikTok in app stores around the globe. Analytics platform Airnow Data counted almost 76 million monthly downloads in March of 2020 and a still respectable 44.6…
Germany, Japan and China are the countries in the world which export much more than they import (in monetary terms) and they are receiving lots of criticism for it. China, which exports electronics and metals but also cheap consumer goods, is embroiled…
Friday’s low on the ES was a fraction higher than Tuesday’s, but as of 5 AM in New York, they hadn’t cleared Fridays high, and there’s been a slight downtick from the test an hour ago. Hourly indicators are still bullish…
According to a recently published report by CB Insight, Grab is the highest-funded fintech startup (currently private, up-and-coming company) in the world. The Singaporean business is also a ride hailing and food delivery provider, partly explaining wh…
Watch the new wave developing in days ahead…
The June selloff was 265 points high to low. So far, the current selloff has hit 278. Bigger? Nope, not in percentage terms. This one is -7.7%. That one was -8.2%. So, we can still say that this time isn’t different.
Yet. But there’s smoke. Plenty of it.