News Analysis The announcement on Tuesday that troubled bank Credit Suisse plans to sell off a bulk of its securitized assets to Apollo Global Management next year is expected to usher in a new phase of the bank’s reorganization and help shift its focus from high-risk to more traditional areas. But in the absence of…
Credit Suisse’s Sale of Securitized Products Will Not Correct Deeper, ‘Cultural’ Problems Reminiscent of 2008 Meltdown: Experts
What’s Fueling the Rise of ESG Investing?
News Analysis Environmental, social, and corporate governance (ESG) investing has not only become a popular investment trend but also a new front in the culture wars. Market predictions show that global ESG-mandated assets will reach $55 trillion in 2022 and close to $100 trillion in 2025. But has the recent spike in ESG investing driven…
The Age of Easy Money Is Over
Commentary What began in 2008 and continued for the better part of 14 years appears finally to be coming to an end. The era of cheap money and credit is over. It’s hard to wrap one’s brain around the implications. It will affect all of business life and personal finances. It will dramatically change financial…
Assets of the Wealthy Shrink, and Internet Technology Moguls Drop on China’s Rich List
News Analysis A newly released list of China’s 100 richest people indicates that the total wealth of entrepreneurs, in particular fortunes in Internet technology, diminished significantly. Experts believe that this may be related to the overall economic decline and that their assets would be further reduced from a future trend. Compared with the year before,…
Dubious Prospects for Xi’s China
Commentary Chinese Communist Party (CCP) members have completed their 20th National Congress. Now, all know for sure what was apparent even before the conference convened. Xi Jinping is firmly in control and has placed loyalists in every position of power. From this easily anticipated outcome, it is possible to draw three conclusions about China’s future….
FTX Collapse Offers Lessons for Investors
News Analysis The cryptocurrency industry is imploding at a shocking rate. FTX, which a few weeks ago was considered a “lender of last resort” and a crypto industry stalwart, filed for bankruptcy. Its charismatic founder and (former) CEO, Sam Bankman-Fried, lost a $16 billion fortune in a matter of days. Bankman-Fried, whom a few months…
A Financial Vulnerability
Commentary Financial fears have grown as interest rates have risen and the shadow of recession has lengthened. Most worrying are what might be termed undefined risks. Declines in stock and bond market values, though troubling, are nonetheless quantifiable and well-defined. In contrast are the kinds of vague risks introduced by Washington’s mortgage giants, the Federal…
Biden Cut the Pipeline, Complains About High Gas Prices
Commentary President Joe Biden appears to have no understanding of where high gas prices come from and that his policies have contributed to the problem. “If oil companies were investing their profits in their operations at historic rates, America would produce more oil today and prices would be down even further. Rather than giving Americans…
Midterm Elections Are Bullish Even in a Bear Market
Commentary With the midterm elections behind us, does the market outlook improves given a now gridlocked Congress? Historically speaking, such is the case. As noted by Michael Cannivet via Forbes: “Before you hit the panic ‘Sell Everything’ button, though, it’s worth considering at least one bullish catalyst on the horizon—voters head to the ballot box…
What It Means for Inflation to Be Embedded
News Analysis Every economic news release these days is an exercise in downplaying disaster. The bureau in question carefully crafts the results announcement, and the media picks up on it, spinning the bad news as good news. It seems to happen every time, such as with the terrible jobs report last week that somehow got…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta