For once, everyone seems to agree: the majority of the market feels like it is in a bubble. Many say the valuations have increased because they are at the same level as …
Read More »China overtakes US as world’s leading destination for foreign direct investment
China overtook the US as the world’s top destination for new foreign direct investment last year, as the Kovid-19 pandemic exacerbates a retrospective shift in the global economy’s center of gravity. New …
Read More »If it looks like a bubble and floats like a bubble …
I am facing comparisons between the dot-com bubble and today’s stock market, but the similarities have become too strong to ignore. Here are five areas where the similarities are strong, as well …
Read More »US retail sales fell 0.7% in December as Kovid-19 case rose
US consumers cut retail spending at the height of the holiday season as the country faced an increase in coronovirus infections. The Commerce Department reported a seasonally adjusted 0.7% decline in December …
Read More »UK Hospitals Brace with Kovid-19 Worst Week of Pandemic
LONDON – The UK’s National Health Service poses as the country’s new, more contagious form of the country’s coronovirus for the worst weeks of the epidemic and puts hospitals under more stress …
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