I expected pushback against the thesis of my paper (co-authored with Michael Makovi) “The Mainstreaming of Marx: Measuring the Effect of the Russian Revolution on Karl Marx’s Influence” from Marxists…
The Consumer Confidence Index from The Conference Board fell for the second consecutive month in November. The composite index decreased by 2.0 points, or 2.0 percent, to 100.2 (see first…
Investing
Stocks rally as investors bet Chinese restrictions to loosen, but inflation remains enemy number one
by
0 comment
Maybe it’s not all pain. Stocks are rising this afternoon, as investors bet that Beijing will press on with plans to ease its strict COVID-19 policies. The year has been…
Investing
Nikkei 225 price forecast for 2023 amid the reopening of the domestic economy
by
0 comment
The Nikkei 225 index tracks 225 blue-chip companies traded on the Tokyo Stock Exchange. It went nowhere in 2022, hovering between 26,000 and 28,000 points, unable to hold below or…
On August 9, 2022, President Biden signed the CHIPS and Science Act into law, stating that it would make “historic investments that poise U.S. workers, communities, and businesses to win…
Investing
Bank of Ghana raised rates to 19-year high; Debt-ridden government launches a unique gold-for-oil plan
by
0 comment
Rocketing inflation in Ghana has forced a supersized 2.5% rate hike by the central bank to a 19-year high of 27%, in its meeting yesterday. October retail inflation reached 40.4%,…
Editor's Pick
The installed base of fleet management systems in the Americas to reach 34 million units by 2026
by
0 comment
According to a new report from the leading IoT market research provider Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in North America was…
Reprinted from the Foundation for Economic Education With its humble beginnings being worn by Croatian mercenaries in the Thirty Years War (1618-1648), its subsequent promotion by French absolutist monarch Louis XIV, and…
Investing
Bruce Kovner’s 4 trading principles that made him one of the greatest investors of all time
by
0 comment
Bruce Kovner is one of the greatest investors of all time. He is an American hedge fund manager and chairman of CAM Capital, a family office based in New York…
Wise (LON: WISE) share price remained in a tight range on Tuesday after the company published the latest financial results. The stock was trading at 610p, which was slightly below…