by migration | Mar 30, 2023 | Market Economy
A team of analysts at Bank of America led by Michael Hartnett released a report showing yet another financial bubble has emerged courtesy of the crisis in the banking sector. According to Hartnett, money-market funds are the hot new asset. (There are different types...
by migration | Mar 23, 2023 | Market Economy
Filed under “shutting the barn door after the horse has bolted”. First it was Silicon Valley Bank now it’s San Francisco-based First Republic Bank taking a hit. Like Silicon Valley Bank, First Republic is another bank catering to “free-money” startups specializing in...
by migration | Mar 16, 2023 | Market Economy
As an illustration of “purchasing power parity”, the ‘Economist’ once again released the latest reading for their “Big Mac Index”—which shows the cost of a McDonald’s Big Mac by Country all over the world. While professional economists may balk at the overly...
by migration | Mar 9, 2023 | Market Economy
Answer: A matter of perspective. Admission… I get weekly article ideas to do my LinkedIn posts. I read this week’s suggestion and it gave me pause, as it didn’t ring true to some other sources I follow on energy and supplying baseline power needs. EIA.gov was my clue...
by migration | Mar 2, 2023 | Market Economy
The Fed’s “preferred” inflation gauge (Personal Consumption Expenditures, or PCE) not only came in worse than expected, but the prior three months were all revised higher as well. “The whole thing throws a lot of cold water on the ‘disinflation’ hoopla,” observed Wolf...
