“March’s 178,000 BLS jobs report came in nearly three times Wall Street’s 60,000 estimate. Markets celebrated. Almost nobody mentioned the entire beat traced back to doctors returning from a strike and weather rebounds. That’s not…
“Taxation is the art of plucking the goose so as to obtain the largest amount of feathers with the least amount of hissing.”
— Jean-Baptiste Colbert, Finance Minister to King Louis XIV of France.
As if any American needs a reminder, let…
President Donald Trump has said that talks between the US and Iran to end the war could resume as early as this weekend, with Washington and Tehran "very close" to making a deal. The BBC's chief international correspondent Lyse Doucet…
The process is designed to identify whether people applying for government jobs pose a security risk, either because they might seek to abuse their position, or because their personal lives make them a potential blackmail target - for…
Harry Enfield’s ‘Loadsamoney’ mocked 80s yuppie excess; his catchphrase rang out across the UK. Today, there’s no cash to splash, and not just in Britain… high household savings ratios will struggle to spare Europe from an energy-led…
Markets are pricing in higher odds that the war with Iran has ended, but even if that proves true, the economic effects of the conflict will linger for months, if not years.
Most of the world’s attention is focused on the immediate drama…
The S&P and hit new all-time highs.
After one of the greatest rallies in history following a 9% correction, the market is taking a pause to consolidate this morning. While clearly there was a short covering component involved in…
How a prolonged disruption to Middle East energy flows could affect inflation, interest rates, and currenciesThree Scenarios for Energy Prices
Source: INGEnergy MarketsFinancial markets are taking a glass-half-full view on the Middle…