Once upon a time, California was the hottest destination in the entire country. Millions of young people poured into California in search of a new life, and today it has the largest population of any U.S. state by a very wide margin. But now “the California Dream” has become “the California Cesspool”, and residents are
New poll shows Democratic Party wants someone new at top of ticket
Former mayor, Democrat presidential candidate said he’s been target of protests countless times
BlackRock: Don’t BTFD! The ‘Great Moderation’ is over. That’s the message from the latest BlackRock note warning that the period of steady growth and inflation that most have ‘enjoyed’ for the past decade has come to an abrupt end and because of that, investment philosophies have to change, just as rapidly. Strategists including Wei Li, Vivek Paul
Rabobank: No Cucumbers By Stefan Koopman, senior macro strategist at Rabobank Schools in much of the Northern Hemisphere are gradually closing for the summer holidays and it won’t be long before it’s komkommertijd. This Dutch idiom, which translates literally into cucumber time, is used to express that very few important things happen during the period
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The following article, BPR’s best cartoons: Biden-to-Coherent dictionaries, was first published on BizPac Review. Cartoons of the day: In case you missed this: Continue reading BPR’s best cartoons: Biden-to-Coherent dictionaries …
Our inflationary trajectory looks increasingly grim, and recession fears are mounting. Commentators worry the Federal Reserve will only be able to control surging prices by depressing output and employment. Monetary policymakers seem willing to incur economic costs if it means taming inflation. As the Wall Street Journal’s Nick Timiraos writes, “Central bankers think when unemployment
Recently, I argued that studying economics instills gratitude. A friend responded by asking me what intellectual virtues are necessary for understanding economics. Gratitude may be a result of studying economics, but what antecedents undergird enriching encounters with economics? To my mind, the preeminent intellectual antecedent is curiosity. “Doing” economics is ultimately about providing explanations for
Once upon a time, California was the hottest destination in the entire country. Millions of young people poured into California in search of a new life, and today it has the largest population of any U.S. state by a very wide margin. But now “the California Dream” has become “the California Cesspool”, and residents are