Scanning the market for a tradable “event” might get you an express ticket to the “fast money” line of opportunity and risk. Bear in mind that an “event” is something that has already happened. Jumping on the opportunity means you’ll ...
Walter Bagehot, as Jim Grant writes, believed that bankers and central bankers should exhibit financial discipline. He would not recognize today’s banking world. Original Article: “From Discipline to No Discipline: The Sorry Evolution of Modern Banking” ...
Previously I explained Ludwig von Mises’s descriptive philosophy of the consent of individuals as the only thing that gives value to norms and authority. Individuals interpret norms and authority as useful—whether or not they are useful in reality for individuals’ ...
This spring marks the twentieth anniversary of the US invasion of Iraq in 2003. After an initial frenzy of war fever in the early years of the war, support for the war has since largely evaporated. Nearly two thirds of ...
Washington elites and especially their media have denounced what they once praised: leaking of official documents that show the government has been lying. Original Article: “Arbitrary Use of Power: Punishing Those Who Expose Not-So-Secret Government Secrets” ...
SPX Monitoring Purposes: Long SPX on 2/6/23 at 4110.98. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. Yesterday, we said, “The bottom window is the 50-day average of the Up-Down Volume percent for ...
Everyone is paid the same amount at Tandem and it works. Intrigued? Tandem Collective is a community-led marketing agency, specialising in campaigns for the book publishing and film industries. They work closely with book, film and TV lovers on Instagram ...
To understand the economy, most financial experts and commentators rely upon gross domestic product (GDP). The GDP framework looks at the value of final goods and services produced during a particular time interval, usually a quarter or a year. This ...
The Central bankers of the world, apparently losing confidence that they can fix the inflation they created, are turning to Plan B: blame the people. So we fight each other. Last week the chief economist of the Bank of England, ...
A Freedom of Information request has revealed that over 145,000 Bounce Back Loans loans worth £3.8bn are in default as businesses continue to battle economic headwinds. The findings come as latest estimates show that of £47 billion paid out in ...