Paul Donovan, chief economist at UBS Global Wealth Management, recently said in an interview with Yahoo Finance that today's wave of inflation is due to the greed of corporations that are seizing the moment and increasing their margins. (https://finance.yahoo.com/news/the-us-is-now-facing-a-third-inflation-wave-economist-explains-075029389.html) This...
Gold’s recent pullback looks to be bottoming, despite ongoing aggressive Fed hawkishness. In recent weeks the yellow metal has consolidated high, defying aggressive Fedspeak, another big US-jobs upside surprise, and hawkish rate forecasts from top Fed officials. This resilience...
Our last article compared Gold today with the stock market in the early 1980s. Today we draw some comparisons between the Gold market at present and the Gold market at various points in the past. Gold’s status today fits elements of...
The Global South is forging a new foreign policy in the face of war in Ukraine, China-US tensions: Active nonalignment
Lula...
Senators, Regulator Call for More Scrutiny of “We Buy Ugly Houses” Companyby Anjeanette Damon, Mollie Simon and Byard DuncanProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in...
University of Rochester economist Steve Landsburg joins Bob to discuss the abysmal performance of ChatGPT on his undergraduate exam. They also discuss the importance of market prices in guiding behavior and the unexpected problems with the government handing out...
