If you don’t live under a rock, you should know that the US inflation rate has hit a 40-year high.
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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 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 readingBusiness: Voyage to bankruptcy
Loosely speaking, there are two sorts of cryptocurrency platforms. There are centralized platforms, which are owned by shareholders (founders, employees, venture capitalists,
Continue readingBusiness: Stocks and ownership
One very natural thing that can happen is: You start a company. You are a passionate and visionary founder; the
Continue readingBusiness: Index funds lowers your wage?!
Here is a theory about index funds. Public companies, these days, are increasingly all owned by large diversified institutional investors. These
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