Nasdaq’s ‘Right Idea, Wrong Price’ Is Usually A Recipe For Trouble Authored by Ven Ram, Bloomberg cross-asset strategist, During the dotcom bubble, stock traders had the right idea, but had no clue how to price ...
California is facing a fiscal Armageddon of its own making. A toxic combination of wild spending – a doubling of the state budget over the past 10 years after inflation and population growth – coupled ...
A recent court ruling set new limits on the power of federal bureaucrats to impose unwanted mandates on consumer appliances. In a Jan. 8 decision, the Fifth Circuit Court of Appeals found that Department of ...
One of the most succinct campaign slogans of the modern era came out of the 1992 Clinton campaign: “It’s the Economy, Stupid,” which picked up on the feeling Americans were less concerned with the incumbent’s ...
Three things we learned last week: 1. China met its 2023 growth target but the data understated challenges. Data released Wednesday showed the world’s second-largest economy grew 5.2% last year, above Beijing’s official target of around 5%. ...
Alaska 737 Max Cockpit Data Erased After Mid-Flight Door Blowout National Transportation Safety Board (NTSB) chair Jennifer Homendy said cockpit recording data on the Alaska Airlines Boeing 737 MAX 9 jet, which lost a fuselage ...
Inflation Expectations Tumble To Lowest Since Jan 2021, As Do Wage And Spending Growth, In Latest NY Fed Survey After a few months of late summer increases in the 1-Year inflation expectation as tracked by ...
Rescue Your Old, Low-Balance 401k Before It’s Kicked To The Curb In 2024 If you have a dusty, half-forgotten 401(k) from a previous job, there’s new pressure to get around to doing something with it ...
The S&P 500’s Best-Performing Stock Over The Past 5 Years Is… (Not NVDA Or TSLA) Despite economic challenges, S&P 500 stocks have demonstrated resilience, delivering significant gains over time. In the graphic below, utilizing data ...
These Are 2023’s Top Global Financial Centers For centuries, global financial centers have served as a linchpin for capital market activity. These hubs share important features, from the infrastructure to facilitate billions of transactions to ...