Senior, class of 2025. It's rough out there. Rejected or waitlisted from every uni I applied to except UCLA, 1560 SAT, 4.0 GPA, most rigorous STEM courses, 8 APs, 4 years varsity
The main substitution for natural gas is energy-efficient homes, it takes longer but the push toward insulation of homes will be helped by higher natural gas prices. The main substitution would be an all-electric home. Quite feasible, but the upfront expenses will be a major brake for decade...
To be sure, the sanctions regimen being implemented on Russia – from industry to media, from finance to sports – is sweeping and impactful. Global ratings agencies have just downgraded Russia’s sovereign debt to junk status, raising the possibility of a debt default. But Moscow’s biggest i...
2. The money used to finance drilling and production was financed using credit (ie mini credit bubble). That punch bowl has suddenly been removed. It looks like the High yield bond market is about to have a big correction soon. This could easily trigger a significant broad market correction ...
Finance loves it because they run it as much as they did the old gold standard system before its collapse and the tough restrictions during the BW’s era. The problem comes is the government cannot issue “new” debt. Then the whole thing dies. No way to bail it out, it just ...
News Interest rates down: Post navigation ←Real Wage Growth – Mean and MedianRisk and Uncertainty, Market and Geopolitical→
don: In 2001, as senior economist for international finance on the Council of Economic Advisers, I was following Japan’s attempts to fight deflation; some observers in Japan (usually, not economists) feared quantitative easing would cause hyperinflation. No analyst in the USG, the Fed, or the...
are preferred securities because of their treatment under risk-based capital guidelines, their liquidity, their acceptance as collateral by the Federal Reserve, the ready ability to finance them in the repurchase agreement market, and the additional yield when compared to comparable US Treasury ...
The good news is that these French doctors monitored their patients and stop using this snake oil although the Gilead Yahoo Finance board is suggesting 4 did die. Look – I doubt this reality is going to slow down either Trump or Bruce Hall from advocating this potentially dangerous snake oil...
” If you can figure out how to make those types of service into a profit center, a Nobel Prize awaits you. If you are not familiar with the concept of public goods, you might want to read Samuelson’s text book on public finance, or any good introductory Econ text book will ...