Several years ago, roughly around the time Masa Son‘s SoftBank launched a truly unprecedented, historic capital misallocation campaign (which will one day be a case study in how to vaporize tens of billions), which was […]
Undaunted by rapidly rising mortgage rates, many rich Americans haven’t given up on their poolside pads and high-end condos just yet. Luxury home prices climbed 9% to hit $1.1 million, the highest third-quarter level ever […]
Mr. Saving-Humanity-Singlehandedly-Myself Bill Gates is reportedly backing a mining startup that is getting close to “investing” in the Democratic Republic of Congo – which is, of course, a nice way to say, likely mining there. The […]
Authored by Daniel Lacalle, The Eurozone economy is more than weak. It is in deep contraction, and the data is staggering. The Eurozone Manufacturing purchasing managers’ index (PMI), compiled by S&P Global, fell to a […]
By Tsvetana Paraskova of OilPrice.com, The European oil and gas majors, which are also the world’s top LNG traders, reported a mixed bag of third-quarter results, with some beating or meeting estimates and others missing […]
Authored by Doug French via The Mises Institute, Bloomberg reports that price inflation in Turkey was more than 60 percent in September. The 61.5 percent reading was released by the Turkish government’s statistical office. Being […]
Daily Standup Top Stories Berkshire Cash Pile Hits All-Time High $157 Billion, As Buffett Sells A Record $38BN In Stock In Past Year November 5, 2023 Allen Santos Over the years, Warren Buffett has been opportunistic […]
Authored by Simon Elmer via Off-Guardian.org, ‘The technologies at the heart of the Fourth Industrial Revolution are connected in many ways — in the way they extend digital capabilities; in the way they scale, emerge […]
Over the years, Warren Buffett has been opportunistic and “fluid” with his ideals and political opinions – he describes himself as a “democrat” yet without batting an eyelid will demand government bailouts for his portfolio […]
With the world’s attention squarely fixed on the Israel-Gaza war — while baseless hope for a Ukrainian expulsion of the Russian army has evaporated — US and European officials have started quietly conferring with Ukraine […]
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