From NYT: In a significant concession, Mr. Trump will postpone a plan to raise tariffs on $200 billion worth of Chinese goods to 25 percent, from 10 percent, on Jan. 1. The Chinese agreed to an unspecified increase in their purchases of American industrial, energy and agricultural products, which Beijing hit with retaliatory tariffs after […]
Guest Contribution: “What are the drivers of TFP growth? An empirical assessment “
Today, we are pleased to present a guest contribution written by Iván Kataryniuk (Banco de España) and Jaime Martínez-Martín (European Central Bank) summarizing their chapter in the book International Macroeconomics in the wake of the Global Financial Crisis edited by L. Ferrara, I. Hernando and D. Marconi. The views expressed here are those solely of […]
Reviewing your 401k And I Still Have No Idea What Cold Brew Coffee Is
That’s definitely not cold brew coffee. Ms. Cheat Sheet with Kathryn Cicoletti Ep 2 Show Notes – June 23, 2018 CB Insights on WeWork Morning Brew newsletter Brian Koppleman’s podcast, The Moment. Eric Heisserer is the person I mentioned. The Daily Stoic Listen for thoughts on how often I review my 401k or IRA and […]
Crypto’s ‘Positive Story Remains Intact’: Wall Street Strategist Undeterred by Bitcoin Price Decline
It’s been a dismal year so far for the cryptocurrency markets, and — as evidenced by the Bitcoin price’s more than 50 percent retrace from its all-time high — the volatility has begun to shake out investors with weak hands. Bitcoin bears have begun to take their victory laps, with skeptics forecasting that its plunge […]
Beyoncé Is Bonkers for This Woman’s Lace Jewelry
You may for a moment think Monika Knutsson’s jewelry is filigree or repoussé. But no, it’s lace — antique and vintage lace, coated with 18- and 24-karat gold and silver to preserve and enhance its intricate patterns. Even the threads show through. Ms. Knutsson, 59, is repurposing a traditional women’s needle art as featherweight contemporary […]
Equity Markets Hit By Gravity & Greed
Besides death and taxes – whose ultimatums we continue to try and cheat – the only two things you can truly depend on showing up on a regular basis are gravity and greed. Over the past week, the two collided in the equity markets in rather spectacular fashion, with gravity taking the day. Granted, it’s […]
U.S. Stock Market: Is 2018 Similar To 1928?
Robert Shiller, an often cited experts on markets and stocks, sees 2018 as similar to 1928 for US stocks. He could be right. Long-term cycle concentrations, while not identical, are showing similar trends but not levels. This means an exact repeat of 1928 and, more importantly, 1929 are unlikely. Rising social distress from the evolving […]