Sanctions on Russian Energy Loom Over Oil Market
Sanctions on Russia would affect world oil flows in the next three months. The energy industry has difficulty understanding how these measures will work. Ukraine’s allies are preparing to hit…
Why Higher Interest Rates Won’t Solve the Inflation Problem
Despite the high-interest rates, and the economic cost of the rapid and continuous increase in the cost of credit, this will not completely solve the inflation problem. We have to…
Fidelity Launches Crypto Trading. What this means for Coinbase and Robinhood
Fidelity Investments is launching a platform that will work for investors to trade cryptocurrencies, a competitive boost from the asset manager in a space packed with players, including Coinbase Global…
4 IPOs that could buck the downtrend
Unlike winners Tesla and Amazon.com, public offerings have been a horrible place for long-term investors. Renaissance Capital monitors the market where it reports that only 23% of IPOs from 4…
Inflation in The US Has Started to Take a Toll on Cunsumer’s Buying Power
After consumers have largely resisted inflation, they are beginning to fight high prices. The engine of the US economy, consumer spending, is turning weak. Demand destruction, as they call it.…
Florida Grapples With Historic Storm as Ian Dumps More Flooding
Some 2.6 million Florida homes and businesses were without power, rivers were overflowing, and cars floated through the streets of Fort Myers. Ian, one of the strongest hurricanes to hit…