The Russian economy is much worse than it appears as Moscow’s data is a ‘collection of lies and distortions,’ economist says

Russia’s economic data is full of ‘lies and distortions,’ economist Alexei Bayer wrote. Official stats from Moscow that show a resilient economy are more akin to propaganda, he added. Consumer inflation should be at least 30% versus of the official rate of 11% in February. Loading Something is loading. Thanks for signing up! Access your… Continue reading The Russian economy is much worse than it appears as Moscow’s data is a ‘collection of lies and distortions,’ economist says

Americans are already feeling the effects of a credit crunch

A Monday New York Fed survey found that Americans’ feel like their access to credit is deteriorating.  Fed Chair Jerome Powell previously said the banking stress that started with Silicon Valley Bank could trigger a credit crunch. The survey also found that Americans’ inflation expectations increased at the short-term and medium-term, but decreased in the… Continue reading Americans are already feeling the effects of a credit crunch

The economy would be better off without bitcoin as it’s a ‘negative-sum’ investment that comes at a social cost, economist says

Bitcoin is a wasteful asset that doesn’t add to global welfare, Dieter Wermuth, economist and partner at Wermuth Asset Management, wrote in a recent note. He says the bitcoin market is highly centralized, and primarily benefits early investors and miners. The tokens fail as currency, given their high volatility and lack of real-world use, according… Continue reading The economy would be better off without bitcoin as it’s a ‘negative-sum’ investment that comes at a social cost, economist says

Who is Nouriel Roubini, Wall Street’s ‘Dr. Doom’ economist who has warned of catastrophe for 2 decades?

Nouriel Roubini, the economist known as “Dr. Doom”, has been warning of disaster for two decades.  He rose to prominence after being among the commentators to call the 2008 financial crisis.  Most recently, Roubini has warned that markets and the economy are sleepwalking into a new catastrophe.  Loading Something is loading. Thanks for signing up!… Continue reading Who is Nouriel Roubini, Wall Street’s ‘Dr. Doom’ economist who has warned of catastrophe for 2 decades?

Chamath Palihapitiya was supposed to be the next Warren Buffett. Then interest rates spiked.

Chamath Palihapitiya was dubbed the “next Warren Buffett” after a series of successful bets in 2019 and 2020.Palihapitiya even compared his returns to Buffett’s Berkshire Hathaway in his annual letters.But most of Palihapitiya’s investments soured as rates soared, denting his image as the next Buffett. Loading Something is loading. Thanks for signing up! Access your… Continue reading Chamath Palihapitiya was supposed to be the next Warren Buffett. Then interest rates spiked.

Giannis Antetokounmpo stashed his cash in several banks to avoid falling foul of the FDIC’s $250,000 limit. Here are the NBA star’s 7 best quotes about money and investing.

Giannis Antetokounmpo opened accounts at half a dozen banks as a rookie in the NBA. The basketball star wanted to ensure his money was covered by federal deposit insurance. Here are his seven best quotes about money, investing, and his account-opening spree. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Giannis Antetokounmpo stashed his cash in several banks to avoid falling foul of the FDIC’s $250,000 limit. Here are the NBA star’s 7 best quotes about money and investing.

RBC: Buy these 30 high-conviction stocks as they continue delivering market-beating returns in an up-and-down year

Premium Investors struggling with a volatile market in 2023 may want to heed RBC’s advice. REUTERS/Brendan McDermid This story is available exclusively to Insider subscribers. Become an Insider and start reading now. RBC’s collection of 30 favorite global stocks handily outperformed US stocks in the first quarter. The firm’s lead strategists are telling investors to… Continue reading RBC: Buy these 30 high-conviction stocks as they continue delivering market-beating returns in an up-and-down year

Value Investing and Values-Based Investing Gain Momentum

The new paradigm of investing takes into consideration both sides of the proverbial coin: the quantitative and the qualitative. Investors are looking back at historical returns and are also looking forward at the future implications of their investments, reviewing both the numbers and the narratives. They’re already familiar with the quantitative side of the coin… Continue reading Value Investing and Values-Based Investing Gain Momentum