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No Time to YOLO
November 16, 2023 | In just two weeks, the Nasdaq 100 index of big-tech companies has erased three months’ worth of losses. And bitcoin is at its highest level since May 2022 as risky investments return to favor.
Ready for Takeoff
November 15, 2023 | The year is 2040. We all pay for the internet through Starlink using Dogecoin, and Elon Musk controls internet speeds based on the emoji he posts on X (formerly Twitter) that day.
Great Power Competition
November 14, 2023 | Another month, another credit rating agency is downgrading the U.S. government.
Mezzanine Meltdown
November 13, 2023 | Speaking of things that have changed over the decades, as discussed in the intro, something else is very different these days in financial markets — the economic data that previously consumed investors’ attention has changed.
It’s All a Game
November 12, 2023 | Among Time Magazine’s top 100 most influential companies are the usual suspects: Apple, Chipotle, and Disney. But there’s also Duolingo, an American tech company founded by two immigrants that produces the gamified language-learning app with hundreds of millions of downloads.Â
EV’s Bumpy Ride
November 11, 2023 | Electric vehicles (EVs) have surged in popularity worldwide, with many countries endorsing them to combat climate change and save on fuel costs. Governments are rolling out incentives, like tax breaks and grants, to encourage people to choose EVs over traditional cars.Â
Off to the Races
November 10, 2023 | The world’s biggest bank is under attack. On Thursday, the Industrial and Commercial Bank of China’s (ICBC) U.S. unit was hit by a cyberattack, making it unable to clear U.S. Treasury trades.
Peace Dividend
November 09, 2023 | The Magic Kingdom company shared earnings after markets closed on Wednesday, and Mickey Mouse feels pretty good about it — the company’s stock jumped 8% today in response.
Generational Disruption
November 08, 2023 | Warner Bros. Discovery reported third-quarter earnings before the bell Wednesday, and boy, it wasn’t pretty.
Penny Stock Purge
August 9, 2024 | Let the purge of the penny stocks begin. Nasdaq is taking measures to address concerns about the proliferation of penny stocks on its exchange.
True Costs
August 7, 2024 | The jobs report last week, which showed a pronounced weakening in hirings, kicked off the market turbulence that has defined this week on Wall Street.
Drumbeat of Skepticism
August 5, 2024 | Woah — we all need a breather. How quickly the tides turned. In a matter of a few weeks, the narrative on Wall Street has shifted from soft landing to all-out panic.
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