Investors love an acronym. In recent months they have embraced the TACO (Trump Always Chickens Out) trade. They once swooned over the FAANG stocks (Facebook, Apple, Amazon, Netflix and Google). During Europe’s sovereign-debt crisis of the 2010s traders fretted over the PIIGS (Portugal, Italy, Ireland, Greece and Spain). A good memory for initials takes a financial historian a long way.
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 3,005.46 points or -4.15% to...
Part the First: More Cognitive Surrender Where It Just Won’t Do. Last week we considered an essay on AI that...
It is not uncommon for people to conflate victory and liberty with centralization and inflation. Even in the case of...
Sam Enright works on innovation policy at Progress Ireland, an independent policy think tank in Dublin, and runs a publication...
Oil tankers and cargo vessels are anchored off the coast of Oman after being stranded for days as congestion at...
Yves here. I must confess to taking my eye off the Russia ball, save for taking some note of the...
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