Milton Friedman’s famous one-liner that anchors half the debates on financial television leaves out the part where the actual economics live. Once you put it back in, the doomist case gets a lot smaller.
Per Bylund recently wrote a…
Every time the FIFA World Cup comes around, Africa dreams. From the streets of Lagos to the townships of Johannesburg, from the neighborhoods of Casablanca to the villages of Senegal, millions of children watch the world’s biggest…
Just as markets are moving past energy inflation, geopolitical risk and sticky central banks, another source of volatility is building in the Pacific, under the name of El Niño.IntroductionEarlier this month, the National Oceanic and…
Ask a trader how much they expect to make on their next trade, and the answer usually comes fast. Ask how much they are willing to lose, and suddenly there is hesitation. That pause tells you everything.
Traders Think About Profit First…
The King then addressed the chamber to formally open the parliamentary session.He said: "From its proud history and its treasured customs to the remarkable beauty of its land, it is the warmth and spirit of the people of Scotland that…
The US military has conducted strikes on Iranian targets after President Donald Trump accused Iran of a "foolish violation" of its truce following an attack on a cargo ship in the Strait of Hormuz. US Central Command said it had struck…
I am getting a lot of questions about , which has declined 19% this month and 32% this year. Bitcoin is now 53% off its highs. I still recommend that investors sell all their cryptocurrencies. A strong U.S. dollar is now hindering…
Asia had a rough day; South Korea’s fell as much as 8.2%, Japan’s -4.5%, China -2.1%, Taiwan -3%, driven by concerns over AI valuations. The weakness appears to have been triggered by price increases announced by Apple () for its…
On behalf of the Government of the United States of America, I extend my congratulations to the people of Madagascar as you celebrate your 66th anniversary of independence.
The United States values our expanding partnership across…
To go faster and deeper will require advances in drilling technologies.Companies are developing drilling equipment that is more stable when breaking through hard rock at high temperatures.Some firms are even aiming to penetrate rock…