Saudi Aramco’s IPO finally started trading on the Riyadh stock market this week. On its first day of trading the IPO exceeded expectations. As CNBC reported shares increased by 10% reaching the daily limit. That…
How ironic that the Great Temptation of the past decade will lead to the Sale of the Century in the next decade. And the warning signs of that Sale are there for those who care…
We think nobody should be manipulating interest rates. Nor should the feds be allowed to counterfeit money…or manage the economy in any way. We also think that the economy is racing down that long, lost…
Given this established pattern of political procrastination, I expect the unfunded pension crisis will become a major social issue when the next global recession hits. With pension fund portfolios in tatters and government revenues squeezed,…
How ironic that the Great Temptation of the past decade will lead to the Sale of the Century in the next decade. And the warning signs of that Sale are there for those who care…
We think nobody should be manipulating interest rates. Nor should the feds be allowed to counterfeit money…or manage the economy in any way. We also think that the economy is racing down that long, lost…
US markets got a jolt of joy juice on Friday. Widely reported was a ‘blowout jobs report’ that showed the US economy is ‘still strong’. If that weren’t enough, the Trump administration said the trade…
Our research team looked at the US county by county. It put together a map to show which counties were in recession, colouring the depressed counties in red. You can see it yourself here. And…
Earlier this year the Bank of Jamaica launched a campaign for stable inflation in the form of a reggae. But since this, Jamaica has managed to lower inflation, and debt.The whole point of the campaign…
If history has taught us anything, it’s that economic trends are constantly subject to change. Excesses in one direction are invariably corrected. Some sooner and others later. But in due course, balance is restored. Which is…