Markets Eye 27 July Nervously
In today’s Money Morning…credit markets not panicking…yet…what happens on 27 July?…this is the game you have to play…and more…
Macroeconomic News: Insights into Economic Trends and Developments
An Investment Strategy for the Worst of Times
In the 1950s, 1960s, 1980s, 1990s, early 2000s, and after 2009, the US economy — powered by investment, innovation, entrepreneurship, and the plain hard work of its people — promised long-term gains despite short-term pains.
Blind Trust
Wheat prices shot up 6% yesterday after India decided to keep its bread at home. Ever since Adam Smith published The Wealth of Nations, it’s been common knowledge that trade makes us all better off. Otherwise, we don’t get the benefits of specialisation and comparative advantage. But our hypothesis here at the Letter is that […]
Meme Stocks Win the War against Wall Street
In today’s Money Morning…Wall Street gets a wake-up call…meme stocks aren’t going away…they only care about winning…and more…
Nufarm [ASX:NUF] Delivers Higher Revenues, Profits
Nufarm [ASX:NUF] said today that revenues and profits surged in the six months ending 31 March 2022.
The Fed’s Asylum
We now suffer the highest inflation rate in 40 years. And the public despises it. It’s a ‘tax’ but a particularly painful and insidious one
