I have never seen the Atlanta Fed take as long to post a scheduled update to their GDP Forecast as they did today. Their forecast came out late this afternoon, but it did beat the market close. Latest forecast — January
January 15, 2016
This was an especially dramatic day for the market. Before the US markets opened, global equities were in a rout. The Shanghai Composite had dropped 3.51% for the day and the Euro STOXX 50 would subsequently post a 2.37% loss.
“Price discovery is not a sexy function of markets, but it is critical to the efficient allocation of scarce capital and resources, and to the preservation of the long term wealth of investors and the economy as a whole. If
…The short answer: Not much. By now everyone has heard about the recent volatility to start off the new year. While we all wish it weren’t true, the reality is that stocks are called risk assets for a reason, that
Check out this article on an absolutely mind-boggling phenomenon taking place in Switzerland. Apparently Local Cantons (what states are apparently called over there) are actually telling taxpayers not to send the money they owe in to the government – at
Another Fed Confessional In reference to statements made by Fed officials that the decline in the price of oil was good for the economy, San Francisco Fed president John Williams now admits “We Got It Wrong“. Click on the link
Written by Mikey Tom, PitchBook Accelerators play a vital role in the startup ecosystems. Not only do they give entrepreneurs a place to learn and develop skills, they also can act as an investment filter for VCs. The pools of founders
Chipotle poisoned some folks. America’s love affair with “fast casual” darling Chipotle ended in a wave of severe nausea last year as a food poisoning outbreak that started in July spread to multiple states and sickened hundreds of patrons. Since
A Couple of years ago I wrote a post about how it was the year you had to quit your job. I gave the reasons why. It wasn’t a gung-ho “you have to be an entrepreneur” article. It was more: bad shit
Most economists do not put stock in the stock market. That is to say that they do not include the stock markets in their analyses. Yet, economists should have a sense of what the markets will do if they are
