Over the last few years, digital currencies and have become decent barometers of speculative investor appetite. Such isn’t surprising given the evolution of the market into a “casino” following the pandemic, where retail traders have…
The online financial products and services known as "fintech" have become deeply embedded in the economic and social life of many African countries over the past decade.
Headlines across the continent often extol fintech's virtues.…
Animal spirits are running loose.
Bitcoin just hit all-time highs;
NFTs of penguins and monkeys selling for over $500k;
Virtually bankrupt stocks like Carvana (NYSE:) rallying to the moon;
Investors Aren’t Thinking Macro At All…
Former first lady Melania Trump's ex-aide has revealed a shocking "tell" about her relationship with Donald Trump.Named Stephanie Winston Wolkoff, she claimed that the billionaire mogul no longer displayed "chivalry" towards the former…
Friday’s data for February dispatched another upside surprise, reaffirming the now-consensus view that recession risk is low for the US economy.
Hiring rose 275,000 last month, beating expectations — well above the consensus forecast…
When he inspected facilities for children brought ashore from English Channel small boats in 2021, his warning that the conditions were worse than facilities for detained Taliban terrorists in Afghanistan were taken seriously, but he…
Stocks fell sharply yesterday, ahead of Jay Powell’s today. It would be great if Powell acknowledged how much financial conditions have eased and that easing conditions could undermine the Fed policy path and, more critically, delay…
In 2019, the Fed cut interest rates and restarted QE despite a healthy economy. Today, is higher than the Fed’s target, economic growth is above historical trends, and financial markets display complacency and exuberance.
Yet, the Fed…
Special Envoy for Sudan Tom Perriello will travel to Africa and the Middle East March 11-23, demonstrating the priority the Administration places on ending the Sudan conflict, meeting the immediate and dire humanitarian…