First, ‘you load 16 tons and whaddya get…?’ We reported last week that inflation is costing the typical household around US$300 a month extra, just to stay in the same place. Where does that money come from? Here’s part of it; Business Insider: ‘Americans have been swiping their credit cards at record speed in the last few […]
Cryptocurrencies are one of the more divisive topics in the investing world. There’s plenty of people out there who think it’s a scam. And there’s many who think it’s the future of money.
A2 Milk Company Ltd [ASX:A2M] shares spiked on Monday after the baby formula and fresh milk company revealed its half-year results. Despite bottom-line earnings slumping 52% in the first half of fiscal 2022, management’s expectations that strong sales growth will return in the coming months may have stoked Monday’s rally. However, A2M did flag ‘challenging’ […]
Good ol’ Charlie Munger. Last week, the 98-year-old gave his opinion on the biggest danger facing US democracy. Yahoo! Finance was on the case: ‘Citing examples from the Roman Republic to Adolf Hitler to Latin America, Munger said, “Inflation is a very serious subject, you could argue it is the way democracies die.” ‘He notes that it […]
Dear Reader, 1) Talk about a slap across the cheek this morning! One of the most reliable recession indicators in history is the ‘tall building effect’. It’s the idea that record-high skyscrapers have a nasty habit of opening in recession. It’s not a new idea. But it’s an important one! And what do I see […]
In today’s Money Morning…truck you, Trudeau!…one step closer to authoritarianism…why bitcoin matters…and more…
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