The U.S.-based pharmaceutical giant Pfizer reported Tuesday that it brought in a record-breaking $100.3 billion in revenue in 2022 and $31.4 billion in profit, sums that campaigners decried as "sickening" in the face of an ongoing pandemic and persistent...
Rather than cheer the concept of a new currency, we're better served to look at the velocity of that currency and the cycles of investing that currency in assets denominated in that currency for a low-risk return.Longtime readers know...
It has been fun to see the stock market go up so far this year. The final trading day of January saw 90% of the volume on the NYSE on the buy side. The market structure is...
Inflation appears to be on the decline. The Personal Consumption Expenditures Price Index (PCEPI), which is the Federal Reserve’s preferred measure of inflation, grew at a continuously compounding annual rate of 4.9 percent from December 2021 to December 2022,...
There are surely other worlds than this—other thoughts than the thoughts of the multitude—other speculations than the speculations of the sophist.
—Edgar Allan Poe, “The Assignation”
Nothing brings out misleading or false narratives like the subject of money.
Prices over the last...
Rural Americans aren’t included in inflation figures – and for them, the cost of living may be rising faster
Calculating the...
