Bloomberg reports: ‘White House to Tighten Russian Sanctions’. What, exactly, does the US hope to get from the sanctions war? What evidence is there that it will work? Meanwhile, Canada, which is rapidly getting a reputation for being an even bigger dope than the US, sanctions Russia’s top banker. Bloomberg again: ‘Canada sanctioned Russian central […]
In today’s Money Morning…Netflix is at an impasse…a telling earnings season…finding the right tech for the right portfolio…and more… The big market story to come out overnight was, of course, Netflix. By now you’ve probably already seen the many headlines: a 35% share price catastrophe, 200,000 lost subscribers, and desperate plans to recoup more money […]
The biggest blind spot in the US’s evaluation of communist Chinese intentions has to do with the role of ideology in Chinese policy. Most of the elite analysts assumed that the Chinese were only paying lip service to Marxism and that they were eager to move on to a market-oriented playing field. They could be […]
Dominating the headlines are crime…war…inflation…and Elon Musk. Newspapers have their ‘foreign affairs’ sections. Finance. Local news. Classified. And Musk. Bloomberg’s ‘Musk Desk’ reports: ‘Billionaire entrepreneur Elon Musk kept investors in the dark this weekend, floating a cryptic tweet with the word “tender,” a likely wink-and-nod reference to a potential tender offer to Twitter Inc. shareholders […]
In today’s Money Morning…oil prices have been rising again on supply concerns…it’s been a supply-demand tug of war in energy markets…diversifying away from Russian energy…and more… I hope you enjoyed the Easter break with family and friends. Things have certainly been interesting in energy markets over the long weekend. US natural gas prices spiked on […]
Good Friday, 2022 As long-time sufferers of this blog know, we are part-time residents of a country ahead of the US. Whatever dumbbell thing US politicians, opinion mongers, and the Establishment Elite do in the US…the Argentines have already done it, more than once…and with style. And so…when we’re down here, we keep our eyes […]
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