S&P 500 just shot up 3.0% versus its intraday low after Fed Chair Jerome Powell reiterated that smaller rates hikes could start from December. Summary of Chair Powell’s remarks But…
Carvana Co (NYSE: CVNA) is trading down this morning after a Bank of America analyst cited “cash crunch” and warned the stock could ultimately go to “zero”. Carvana is running…
The latest Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics shows the total number of job openings in the economy decreased to 10.334 million in October,…
Real gross domestic product rose at a revised 2.9 percent annualized rate in the third quarter versus a 0.6 percent rate of decline in the second quarter and a -1.6…
Chinese stocks sure look risky at present as protests against the zero Covid policy spread across the authoritarian state. Still, Dan Kemp – the Chief Investment Officer of Morningstar recommends…
U.S consumer will continue to spend on services even if the economy slides into a mild recession in 2023, says Jenny Harrington of Gilman Hill Asset Management. Harrington recommends owning…
For the first in almost one and half years, Euro-zone inflation has declined, giving the European Central Bank (ECB) some hope in the fight against record inflation. Eurostat indicated that…
Investing
The UK Plans to Do Away With Ring-Fencing Regulations in Efforts to Deregulate London
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According to sources familiar with Treasury’s plans, the United Kingdom government is expected to relax it’s ring-fencing of banks as part of an initiative to deregulate London and have a…
Economy
There’s No Natural ‘Carrying Capacity’ for the Human Population: An Essay Inspired by the Happy News that the Human Population Has Reached Eight Billion
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The late, great Julian Simon spent decades battling intellectually against biologists and zoologists who were convinced that human population growth, if governments did not hold it in check with draconian…
The boundaries between physical and digital spheres are collapsing. The digital sharing of personal information is now embedded into the economic and relational activities of daily life. Following the COVID…