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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Finance

UK ‘Misery’ Surges As Inflation Unexpectedly Hits 40 Year High

October 19, 2022 Mariel Alumit

With every development in the political and fiscal basket case that is the UK under the microscope, today’s news that inflation in the United Kingdom unexpectedly hit a fresh 40-year high of 10.10% was not […]

Geopolitical

Facebook’s Mark Zuckerberg Says He Missed A Massive Shift In Social Networking

October 19, 2022 Mariel Alumit

Authored by Bryan Jung via The Epoch Times (emphasis ours), Mark Zuckerberg admitted that Meta failed to anticipate major changes in social media use that contributed to the success of its rival TikTok, which he […]

Geopolitical

GOP Will Likely Oppose More Ukraine Aid If Republicans Win House Back: McCarthy

October 19, 2022 Mariel Alumit

House Minority Leader Kevin McCarthy (R-CA) has indicated that if Republicans retake control of the House in next month’s midterm elections, the GOP will likely oppose sending more aid to Ukraine in its war with […]

Finance

Picking Stocks In A Bond-Friendly Environment

October 19, 2022 Mariel Alumit

Authored by Michael Lebowitz via RealInvestmentAdvice.com, In Goodbye TINA, Hello BAAA, we make a case that investors should expect better total returns from bonds versus stocks over the next ten years. To be clear, we […]

Finance

Baker Hughes Expects Oil Patch Bottlenecks To Subside Next Year

October 19, 2022 Mariel Alumit

The world’s third-largest oilfield services provider stated in a corporate update Wednesday that the worst supply chain issues “should be behind us,” as this could indicate US crude production could meaningfully increase in 2023. Baker […]

No Picture
Climate Crisis

Bjorn Lomborg: Electric Car Subsidies Are a Bad Investment

October 19, 2022 Mariel Alumit

Newsweek has published an interesting opinion piece by Bjorn Lomberg where he actually analyzes the CO2 savings from switching to an electric vehicle vs. just purchasing carbon offsets. He demonstrates that subsidies for electric vehicles […]

Geopolitical

Watch: Bill Gates Says European Energy Crisis Is “Good”

October 19, 2022 Mariel Alumit

Authored by Steve Watson via Summit News, While people in Europe face the prospect of not being able to afford to heat their homes this winter, and experiencing freezing dark blackouts, Bill Gates declared that […]

Finance

US Housing Starts Plunge As Homebuilder Confidence Crashes

October 19, 2022 Mariel Alumit

With homebuilder confidence collapsing – especially expectations of future sales – housing starts and permits were expected to slide in September but the results were mixed… US Housing starts plunged 8.1% MoM in September (worse […]

Geopolitical

Peter Schiff: The Fed Is Going To Have To Choose

October 19, 2022 Mariel Alumit

Via SchiffGold.com, The Federal Reserve is between a rock and a hard place, and it’s going to have to make a hard choice – inflation or economic implosion. Peter Schiff talked about it on his […]

Finance

Futures Fumble 1% Gain, Turn Sharply Lower As Yields, Dollar Soar

October 19, 2022 Mariel Alumit

US stock futures erased overnight gains of over 1% as worries about the impact of scorching inflation and a looming recession took the shine off a strong start to the corporate earnings season. Contracts on […]

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