Ilya Somin
Investors doubt it, as evidenced by the market meltdown. While the stimulus could provide a short-term boost, it "will increase the public debt, widen the budget deficit, stoke core inflation and weigh on the pound," FocusEconomics wrote in a recentreport. The tax cuts offer the biggest g...
the impact so far has been minor for most, and several banks said that higher interest rates have boosted profits over the past year. At most banks, both net interest income and net interest margins did better in the second quarter than in the second quarter of 2022, making rising...
Tell us how you did in an email to thebarronsdaily@barrons.com. 1. The disappointing July jobs report helped set off a global market meltdown earlier this week as investors worried that the U.S. was headed toward recession. Goldman Sachs chief economist Jan Hatzius raised his estimate for ...
This drop in jobless claims may give traders confidence that the July jobs report represented more of a flash-in-the-pan rather than an indicator of a rapidly receding economy. “The data bear watching for signals about a more material weakening in the labor market going forward, which would...
Wall Street knows something that the rest of us don’t. Based on past experience, when Wall Street keeps secrets it never works out well for the rest of us. We’re thinking about the time Wall Street banks colluded on rigging prices on the Nasdaq market; or the time they rigged their ...
The crypto market was turning down for the third day on Nov. 1 as market participants reacted to the growing uncertainty surrounding the Nov. 5 US presidential election outcome. Former President Trump has seen his odds of winning the election drop from 67% on Oct. 30 to 61% on Nov. 1,...
Let’s step back and look at the big picture. This market is currently just two months away from earning the title of the longest bull market in history. That’s right. The “post-crisis bull run,” as it’s being called, is in its 112th month, right on
then the biggest opportunity to grow the business is within marketing. But if your business is very product driven, for example, Dropbox, Facebook, and you have network effects and marketplaces, then you should really think, “What is going to drive the core growth premise in your company?
Contango is a market characterized by assets being cheaper today on the spot market than at some future date using a futures contract. When the futures price of something is higher than its present spot price, investors are willing to pay more for the commodity in the future. This is illustr...