Sen. Elizabeth Warren (D-Mass.) is mad at Federal Reserve Chairman Jerome Powell after Powell announced that the Fed was going to raise interest rates another half a percent. “He’s pushing hard to get more people fired because he thinks that …
The UK’s competition watchdog has imposed fines totalling more than £260m on pharmaceutical companies after an investigation found that they overcharged the NHS for hydrocortisone tablets for almost a decade. The Competition and Markets Authority (CMA) found that the drug’s …
Johnny Lee’s apt warning in his hit song “Lookin’ For Love In All The Wrong Places” suggests you cannot find what you seek unless you know what you are looking for and look in the right place. The same might …
Blow baby blow!! Biblical bubbles don’t keep inflating themselves Jay!! Junk-rated borrowers of all stripes sold a record amount of notes in May, and even first-time issuers have met highly receptive buyers. This has pushed junk bond yields to a …
The giant US tech firms known as the “Silicon Six” have been accused of inflating their stated tax payments by almost $100bn (£70bn) over the past decade. As Chancellor Rishi Sunak called on world leaders to back a new tech …
https://twitter.com/NorthmanTrader/status/1386672704170991620 Commodity Momentum, initial stages of a new commodity bull market like the early 1970s, or does it represent the typical post-recession recovery roadmap? India caving in to COVID19 is already a big negative sign if we think they should …