Tag Archives: Featured

The clock is ticking and it gets louder the closer you get to the magic age of 65. That’s when you sign up for Medicare. But there’s more than one way to receive Medicare coverage. There are Medicare Advantage plans, sometimes referred to as all-in-one plans, because they provide medical coverage and can also provide benefits for vision, dental, hearing, and prescriptions. There is Original Medicare, which comes packaged as Part A, which provides hospital insurance,...

The following is a plea to Germany—the war is over and has been for three-quarters of a century. It’s time to stop prostrating yourself for the supposed “good” of Europe. It’s time to take complete control of your domestic and foreign policy, without interference from haughty, busybody world elites, and do what is best for yourself. You will be pleasantly surprised that what is good for yourself is also good for your neighbors and the world. Here are four failed...

The energy and climate goals that Western governments, the United Nations, and other organizations are pushing on Africa constitute a crippling blow to its economies. As the least developed region, Africa should unequivocally prioritize economic development. One would think that amid energy poverty in Africa, Western governments and “development” institutions would prioritize energy security for African countries over energy transition. African countries must have...

Der derzeitige Hauptinvestor Huobis Leon Li hat offenbar den Vorstand darüber informiert, dass er 60 Prozent seines Investments in die Crypto-Börse verkaufen möchte – dies würde ungefähr 5 Prozent des Gesamtvolumens Huobis ausmachen. Den Kaufpreis von mehreren Milliarden könnte nun Justin Sun aufbringen, der unter anderem hinter dem Cryptocoin Tron steht. Crypto News: Huobi steht vor Übernahme durch Justin SunSollte es zu einem Deal kommen, würden Sun und potenzielle...

After two-quarters of contraction, many still do not accept that the US economy is in a recession. Federal Reserve officials have pushed against it, as has Treasury Secretary Yellen. The nearly 530k rise in July nonfarm rolls, more than twice the median forecast in Bloomberg's survey, and a new cyclical low in unemployment (3.5%) lent credibility to their arguments. If Q3 data point to a growing economy, additional support will likely be found.  While the interest...

When people ask why they should invest in gold or buy silver coins, we often explain that they should do so because they are a form of insurance. Many of us are taking steps right now to protect ourselves from the impact of inflation on our day-to-day spending, others are trying to manage the increase in interest rates and maybe you are preparing your home so your energy bills won’t be impossible to manage. These are all ways of insuring ourselves against major...

Swiss Foreign Minister Ignazio Cassis (right) and UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan arrive for their working lunch on the Brissago Islands in Lake Maggiore © Keystone – Ats / Ti-press Swiss Foreign Minister Ignazio Cassis has met the foreign minister of the United Arab Emirates (UAE), Sheikh Abdullah bin Zayed Al Nahyan, in Ticino, southern Switzerland. The working lunch on the Brissago Islands in Lake Maggiore focused on the economy and finance,...

People decrying poverty in developing countries usually overlook the fact that there is a dearth of long-term economic thinking. Original Article: “Economies Cannot Produce Wealth without Patience and Long-Term Horizons” In a pioneering study, psychologist Walter Mischel demonstrated that delaying gratification in childhood led to success in later life. The experiment entailed placing toddlers in a room with treats and giving them the option of eating them...

Events may show that there are no winners, only survivors and those who failed to adapt. Some recessions are brief, necessary cleansings in which extremes of leverage and speculation are unwound via painful defaults, reductions of risk and bear markets. Some are reactions to exogenous shocks such as war or pandemic. The uncertainty triggers a mass reduction of risk which recedes once the worst is known and priced in. Far less frequently, structural recessions are...

Overview: The markets are putting the finishing touches on this week’s activity. Japan, returning from yesterday’s holiday bought equities, and its major indices jumped more than 2%. China, South Korea, and Australia struggled. Europe’s Stoxx 600 is firmer for the third consecutive session. It is up about 1.3% this week. US futures are also firmer after reversing earlier gains yesterday to close lower on the day. The US 10-year yield is flat near 2.88%, while...