If you don’t live under a rock, you should know that the US inflation rate has hit a 40-year high.
Continue readingAuthor: Tokyo Nomad
Is a bigger Fed rate hike coming?
I think yes. The higher-than-expected rise in consumer prices last month has increased the likelihood that the Federal Reserve will boost interest
Continue readingWhy companies dislike strong dollar?
Tl;dr: Simply put, a stronger dollar will make US companies’ earnings look weaker. For the first time in 20 years,
Continue readingOh Elon, enough is enough
Yesterday Twitter Inc. sued Elon Musk in Delaware to hold him to his agreement to buy Twitter for $54.20 per share. Twitter’s
Continue readingInflation: It’s becoming more expensive to stay alive
Retail inflation skyrocketed more than expected last month, hitting a more than four-decade high, as prices for food, gas, and housing continued
Continue readingTwitter’s stock price is not looking good
One weird aspect of Musk’s quasi-terminated deal to buy Twitter is that he owns 9.6% of Twitter’s stock. Or, at least, he
Continue readingCelsius: Ponzi scheme in disguise
Celsius Network LLC is (was?) a crypto brokerage that took crypto deposits from customers, paid 18% interest on those deposits and then invested
Continue readingDoes Twitter really have tons of bots?
Musk and Twitter fights continues. Musk’s supposed excuse for terminating his deal to buy Twitter is that he imagines, with
Continue readingTwitter: See you in court, Elon!
I think it is helpful to start with the big picture. Elon Musk is the richest person in the world,
Continue readingInvest: Elon Musk’s playing dirty with Twitter
Elon Musk has done the thinkable: He’s announced his intent to back out of his deal to purchase Twitter for $44 billion.
Continue reading