This vulnerability defines a new phase of warfare: The freezing and seizing of assets by political adversaries, which, when combined with sanctions, becomes effectively a
Day: July 7, 2022
Humans: When Progress Isn’t Progress
I find it useful, refreshing even, to take a step back from time to time. Especially when the market narrative gets unduly tedious or otherwise
Mortgage Rates Fall Most Since 2008, But Affordability Worst Since 80s
Good news: Mortgage rates fell dramatically last week. Amid a steep decline in US yields, the average 30-year rate dropped 40bps to 5.3%, according to
An Out-Of-Consensus Prediction
It’s too early to worry about jobless claims, but not too early to pay attention to them. Following the onset of the pandemic, initial claims
Goodbye Boris
Boris Johnson agreed to resign as UK Prime Minister Thursday, following a string of departures that included Rishi Sunak and Sajid Javid, whose resignations described
