Cool Fads and Killer Cads
In Mr Fink’s case, we have no idea whether companies aiming for zero emissions are doing the world a favour or not. Fighting climate change is cool today. As for tomorrow, we don’t know.
Macroeconomics: Global Central Banks News & Highlights
Market Surprises and Wall Street Manipulation
The market has been wrestling the whole time with the conundrums we all know about today: supply chain issues, rising costs, and whither interest rates.
Trader’s Corner — Beware the Bull Traps
But the short squeezes can be vicious, and they can go on for so long that many get convinced the market is heading up again and jump on at just the wrong moment. So beware the bull traps.
Goldilocks and the Two Bear Markets
Inflation getting out of hand is an unusual state of affairs. I mean, how hard is it to rein in inflation? You just tighten monetary policy, right? And then Goldilocks gets her porridge just right and stocks go up. Simples.
A Meditation on Cool
Today, in addition to mocking the cool, earnest rich, we explore the whole scammy plot. The financial system has become corrupt…here’s how well-meaning do-gooders make it worse.
The Fed Is Preparing to Pull the Trigger
First and foremost, the more important story than the Fed this week (in my opinion) is the recent reversal by China. Beijing has finally decided to lift its import ban on Australian coal
