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We’ve been following what we believe is the crack-up of US family finance. Real wages are falling. Mortgage rates are rising. House prices are beginning to go down.
Latest
This US Stock Has Delivered a 33,092% Gain in Under a Month!
With roughly a US$1 billion market cap, and a fairly niche investment banking business model, AMTD wasn’t exactly turning heads. By all accounts, it seemed just like any other newly listed small-cap stock.
All About the Money
As we guessed last week, the two legs of American middle-class wealth, income and houses, are buckling. It’s still very early…but both seem to have begun downtrends.
BNPL’s Ultimatum: Sink or Swim
Earlier this week, my colleague Kiryll Prakapenka put together a fantastic article on ‘Buy now, pay later’ companies. Or BNPL stocks, as most people know them.
Joseph Wang: Are Markets Misreading the Fed?
Are the markets misreading the US Federal Reserve’s intention to curb inflation? And what are the risks of misreading the Fed? Find out on our latest Podcast
Capitalism with Jinping Characteristics
A Chinese invasion of Taiwan would be the most disruptive geoeconomic event possible, equivalent to an invasion of Japan or Western Europe, and just short of nuclear war.
