Overview: The US dollar is mixed but is mostly consolidating. The Australian dollar is a notable exception. The lack of new fiscal initiatives from China weighed on the Aussie, which is off for the fourth consecutive session. The other dollar-bloc currencies have also seen the recent losses extended. On the other hand, the Japanese yen and euro enjoy a firmer bias. After a dreadful drop in factory order, German industrial production surprised to the upside (2.9% vs....
Read More »Swiss Students Propel Rocket Research to New Heights
Swiss students are propelling the future of space travel with innovative reusable rocket technology, putting Switzerland on the map in the global space race. In this video SWI swissinfo.ch explores their groundbreaking projects. Read more on this story on our website: https://www.swissinfo.ch/eng/science/swiss-students-drive-rocket-research-forward/87620499 #spacetravel #rockets #switzerland --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its...
Read More »How Howard Marks Thinks About Risk…And You Should Too
When most people hear the word “risk,” they think about wild market swings, scary headlines, and losing money overnight, but Howard Marks, Co-Chairman and Co-Founder of Oaktree Capital Management, takes a different approach. In his new video series How to Think About Risk, Marks digs deep into what risk is and how investors should handle it. Spoiler alert: It’s not just about volatility. The CFA Institute recently summarized the video stream, but I wanted to...
Read More »Swiss students drive rocket research forward
Swiss students are propelling the future of space travel with innovative reusable rocket technology, putting Switzerland on the map in the global space race. In this video SWI swissinfo.ch explores their groundbreaking projects. 00:38 A rocket with guided parachute recovery system 02:47 A rocket that can land vertically 03.53 Rocket test launches at a gravel pit 06.02 What young rocket scientists dream of Read more on this story on our website:...
Read More »Survey Says: Disconnects Abound in School Opinions and Knowledge
Recently, EdChoice published its 2024 iteration of its annual Schooling in America report that surveys thousands of American adults and school parents regarding dozens of school-related topics and preferences. Within this report are numerous interesting results but also consistent reminders of disconnects between reality and belief, between public- and private-school parents, and between people’s words and actions.On the Wrong TrackThankfully, over 64 percent of...
Read More »Government Jobs and Part-Time Work Are Behind the Latest Jobs Gains
Last Friday’s employment report from the Bureau of Labor statistics was labeled “shockingly good” by MSNBC, and as a “blowout” report by Reuters. According to the BLS, the US economy added 254,000 jobs in September, seasonally adjusted. That’s the biggest increase in six months.Defenders of the status quo seized upon this latest number as evidence that the US economy is in great shape. Uber-establishment economist Mark Zandi, for example, declared “One couldn’t paint...
Read More »Japanese Yen remains on the front foot against USD; lacks bullish conviction
The Japanese Yen recovers further from a two-month trough touched against the USD on Monday. Geopolitical tensions benefit the safe-haven JPY and exert downward pressure on the USD/JPY pair. The BoJ rate hike uncertainty caps gains for the JPY and should limit any further losses for the major. The Japanese Yen (JPY) remains on the front foot against its American counterpart for the second successive day on Tuesday, albeit it lacks bullish...
Read More »Freedom of Association and Cancel Culture
Murray Rothbard conceptualized liberty as an emanation of property rights and self-ownership. Freedom of association is, therefore, best understood as “a subset of private property rights.” Just as property rights are absolute and limited only by respect for other people’s property rights, freedom of association is absolute and constrained only by other people’s freedom to associate or not associate with whom they will. Unless we are all to live as slaves, human...
Read More »The Mirage of Honest Government
For more than 70 years, America has been on the verge of honest government. In election after election, politicians have promised to finally take this nation to the moral high ground once and for all.In 1952, Dwight Eisenhower captured the presidency based in part on his promise to end “the mess in Washington”—festering corruption from 20 years of Democratic presidents. Housewives were swayed to support the Republican ticket with red, white, and blue scrub pails with...
Read More »Lausanne public transport to go all-electric by 2030
The additional investment required to decarbonise the Lausanne fleet is around CHF130 million ($152 million). Keystone-SDA Listen to the article Listening the article Toggle...
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