Natural sciences in usual circumstances are wonderfully predictable; what goes up must come down. Economists since Leon Walras have promoted the profitable illusion that economics is a natural science. Today, more than ...
The price of a metric ton of cobalt, the precious metal used in lithium batteries, increased 60% in the last year to $81,500 USD, a 264% increase since its all time low in February of 2016. Higher prices have lifted ...
What is an ETF? Electronically traded funds are close-end funds that trade on a stock exchange. They are managed through a creation and redemption scheme that ties their contents to those of an index, or selection of ...
Despite what some people will tell you, the recent sell-off in the stock market was not a result of rising bond yields (as I said before rising bond yields are more likely to have delayed the sell-off). Yes, bond yields ...
It doesn’t take a rocket scientist to see that addressing the liquidity problem on Wall Street by borrowing to restore the ability to lend does not address the underlying aggregate debt issue. The common sense ...
