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Monthly Archives: December 2023
QOTD: Ephemeral “Transitory”
QOTD = Quote of the Day ContextThe transitory versus permanent inflation debate has suffered from vague definitions. With price growth in the US and Europe now tumbling, those on “team transitory” are somewhat smug. …of course, anything can be “transitory” … Continue reading
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The Second Most Wonderful Day of the Year On Average
Happy Holidays, folks. December 26th beckons, which happens to be the second most profitable trading day of the year for the S&P over the past 70 years, on average. We have always been skeptical of averages, however, but Mr. Market … Continue reading
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World’s 25 Richest Families
A little context: The world’s 25 wealthiest families, where wealth has been passed down over at least one generation, are now collectively worth a cool $2.1 trillion, according to a new report from Bloomberg. With first-generation money excluded, the industries on this list of … Continue reading
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Global Macro Monitor 