Once again, they've debunked the diversity dogma that prevails at universities and elsewhere, including the canard that minorities are held back because of white privilege, which is itself a canard.
When I was growing up my father, probably much like yours, had pearls of wisdom that he would drop along the way. It wasn't until much later in life that I learned that such knowledge did not come from books, but through experience. One of my favor
"You never let a serious crisis go to waste. And what I mean by that is it's an opportunity to do things you think you could not do before." Rahm Emanuel, an American politician, was talking about politics when he said this. But he may as well
In an extensive, must-read report published on Monday by Deutsche Bank's Jim Reid, the credit strategist unveiled an extensive analysis of the "Next Financial Crisis", and specifically what may cause it, when it may happen, and how the world could re
One year ago, the imminent arrival of helicopter money among endless discussions of pervasive lowflation was all the rage within high-finance policy circles.
The leaders of the so-called "BRICS" nations converged on Xiamen in Southeast China this week to convene the Ninth BRICS Summit, the annual get-together for the association.
The Census Bureau International Trade report shows that the goods and services deficit was $43.7 billion in July, up $0.1 billion from $43.5 billion in June, revised. July exports were $194.4 billion, $0.6 billion less than June exports.
After weeks of speculation about his future, Trump White House Chief Strategist Steve Bannon has broken free of his self-imposed exile, unloading a torrent of Scaramucci-esque comments to none other than Robert Kuttner...
In essence, by the end of 2018, cryptos will be trading on the Moscow Exchange and integrated into the banking system to stand beside stocks, bonds and other derivative assets
China's massive debt is on a "dangerous" path, raising the risk of a sharp slowdown in growth, the IMF warned on Tuesday, urging Beijing to speed up structural reforms.
Massive money printing to restart the global economy after the financial crisis has blown an even bigger bubble. Ten years after the last financial crisis, is the world due another one and will it be worse?
Quantitative easing has served as a life raft for many of the world's economies. Now central banks face the prospect of moving on, but the question is: how?
Someday, stock, bond and real estate valuations will matter again.
And the mechanism by which this return to sanity is achieved will probably be the torrent of money now flowing in from people who, for various reasons, don't care about (or under
Crescat Capital's Q2 letter to investors shouold be retitled "everything you wanted to know about the looming bursting of the world's biggest credit bubble... but were afraid to ask..." Don't say we didn't warn you...
Former Federal Reserve Chairman Alan Greenspan issued a bold warning Friday that the bond market is on the cusp of a collapse that also will threaten stock prices.
Saint-Tropez, the glittering Riviera resort favoured by celebrities and the super-rich, is lamenting a decline in the number of yachts berthed at its marina this summer.
With much of the investing world preparing to take the next two weeks off for vacation right after Friday's payrolls number hits, one question being thrown around by traders is "what could possibly go wrong" in the immediate future?
Answering this
The USD is off to its worst start since 1985, down about 9%. In the chart below (courtesy of Bianco Research), it appears the USD is tracing its performance in 1985 quite closely. Of course, 1985 was the worst year for the USD in almost 40 years, so
Day after day... another sabre rattled somewhere in the world, another policy-reform hype-destroying debacle in Washington, or another slump in 'hard' economic reality data... and another record high for stocks.
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