Category Archives: Uncategorized

A couple of quick observations on this past week’s data.  First, the big contraction in corporate credit spreads and the rise in industrial metals.   Ergo, Mr. Market signaling no recession.   Second the meltdown in Turkey’s currency and bond market.  Stocks … Continue reading →

Whoever becomes the leader in this sphere [A.I.] will become the ruler of the world – Vladimir Putin Since the end of November the firm’s market capitalisation has soared from under $400bn to $925bn—accounting for a fifth of the rally. Add … Continue reading →

QOTD:  Quote of the Day Today it holds over 80% of the market in specialist AI chips…Even if AI mania cools, the technology is bound to be more useful than crypto, another craze that Nvidia cashed in on. – Economist … Continue reading →

The U.S. stock market is surprisingly calm right now…A key reason: a growing divide between mainstream investors, who have largely been sitting out the 2023 stock rally, and the machines whose buying has been driving it…The market’s steady rise has … Continue reading →

College enrollment has declined by about 15% in the past decade, according to federal data. The reasons include the high cost of university education, colleges closing and uneven returns from getting a degree, as well as the hot job market.  The college-enrollment rate … Continue reading →

There are 11 emerging nations with dollar debt trading at a risk premium of at least 10 percentage points — a distressed level that signals the threat of default.  Lebanon, Sri Lanka, Zambia and others have already tumbled into default, … Continue reading →