I am a very lucky person with a very happy life, the annual family income of $160,000 is high compared to the rest of the world. However, we’re still pretty frugal—we cook at home, drive old Hondas and do home repairs ourselves where possible. We put about 20% of our income into retirement and college …
Hello market watchers. New Year is underway. We hope that these resolutions remain. There is always a Chinese New Year to start (re)deciding as I often let it go during my stay there. The Lunar New Year falls on January 22 this year and the Year of the Rabbit begins. The market will continue to …
EDIT: Ag, energy markets are under pressure in the new year Read More »
KYIV, Ukraine — Two months of missile and drone attacks by Russia have devastated Ukraine’s critical infrastructure and blew a hole in expectations for the country’s war-torn economy. Before those strikes, Kyiv had projected that it would need at least $55 billion in foreign aid next year for basic expenses — more than the country’s …
WASHINGTON (AP) — For the economy, 2022 was a year of boom. And not in a good way. Sometimes, it sounded like the ’70s or early ’80s. Inflation is rampant. The United States and its European allies are engaged in a not-so-cold war with Russia. A gloomy look makes people feel sad and anxious. It …
High inflation and efforts to tame it determined the economy of 2022 Read More »
The revolution that started with a snowflake has turned into an avalanche, and it could lead to a change in the way Americans pay for their services. The software industry has helped achieve the “subscription economy,” where companies pay for services delivered through the cloud on a monthly basis rather than buying packaged software just …
opinions expressed Entrepreneur Shareholders are theirs. One of the discussions I have right away with my new small business clients is how they plan to send, receive, hold, and protect their money to make sure all their financial needs and goals are met without delay or disruption to their day-to-day operations. When broken down, this …
NEW YORK, Dec. 8 (Reuters) – Private markets seemed, for a while, to be the perfect antidote to the weirdness of public markets. Companies like Blackstone (BX.N), Apollo Global Management (APO.N), and KKR (KKR.N) have offered investors the opportunity to buy assets that, because they weren’t publicly traded, didn’t swing significantly in value when stocks, …
Breakingviews – Blackstone gets smack in efficient markets Read More »
