That’s great for today’s asset owners, especially those close to retirement. It is much less good for anyone trying to save, invest or manage well into the future, who face an increasingly barren return landscape.
Rates can’t rise in one country while a majority of economies are pushing negative rates. As has been the case over the last 30-years, as goes Japan, so goes the U.S....
...given the ongoing growth of government taxation, spending, and regulation, it should be abundantly clear that we are hardly living in an age of "market fundamentalism," laissez-faire libertarianism, or policymakers who "worship" the market.
The Fed cut rates, the ECB officially launched QE, and a parade of administration officials touted progress on the ever elusive China trade deal for the 100th time and voila: Markets breaking out to new highs. But is the breakout a fake out?
What do Equifax, Yahoo, and the U.S. military have in common? They’ve all fallen victim to a cyberattack at some point in the last decade - and they’re just the tip of the iceberg...
"The move in container shipping rates is consistent with the continued deterioration in raw industrial commodities, China's official PMI, China's steel PMI, as well as market internals such as industrials relative to the S&P500."
Q3 Berkshire's cash pile grew to a record $128 billion, pushing past the record set in the second quarter, and surpassing once again both former cash king Apple and the resurgent Google.
... the chaotic explosion in quotes was caused by a standoff between two firms whose algorithms entered a loop, racing each other to be the market’s biggest player...
