Janet Yellin, former chair of the U.S. Federal Reserve and Joe Biden’s pick for treasury secretary, will in essence put the Federal Reserve in full control of the United States money machine. Yet, this is not mentioned by the media, which instead highlights that Ms. Yellen will be the first woman to occupy the position...
Author: user (UserName LastName)
Post
EYES, THROAT & KNEES
I was extremely fortunate to have been able to train under Charles (“Charlie”) Nelson when he was in his prime and teaching incredibly effective and valuable skills at his small but marvelous School of Self-Defense in Manhattan. Charlie’s original approach was rooted in his WWII hand-to-hand combat and ju-jutsu training under Anthony Biddle and his...
Post
MARKETS & CRYPTO: GOING HIGHER
Last week, the stock market hit a new record high, a milestone. “DOW 30,000” has become a reality. In several recent articles, I’ve explained that this market would indeed continue higher, and new record highs are still coming. Moreover, the distortions that exist within the market continue to get much larger. And, as I have...
Post
U.S. MARKETS OVERVIEW
Go out at night. From Paris to Manhattan, from Podunk to Hick Town, cities big and small, the streets are empty. Buildings boarded up, curfews and restrictions. By government decree: Close down at 10 PM. No dining, no dancing, no singing, no hugging. Get back in your house. No partying no playing permitted. Check out...
Post
REMOTE WORK BECOMES TECH SECTOR’S NEW NORMAL
More than 24 percent of U.S. tech companies plan to shift their staffs entirely to remote work, a survey by Remote.co and Sapio Research has found. Almost 75 percent of U.S. tech employees would move out of the U.S. if work permitted, with the majority favoring northern Europe, Canada, or Latin America, the same survey...
Post
GOING DOWN, GOING BUST, GOING OUT
SOUTHWEST AIRLINES REPORTS SLOWDOWN. After seeing bookings rise in August through mid-October, ticket sales slowed recently, the carrier reported. Third-quarter revenues declined 65 percent year on year, with about 55 percent of available seats sold; the airline had forecast a 65- to 70-percent drop. Year-on-year revenues for November and December are likely to fall below...
Post
TOURISM INDUSTRY SLIDES BUT STOCKS RISE ANYWAY
Modest gains in tourism over the summer were reversed in August and September, according to Booking Holdings, an online travel booking site. Third-quarter hotel reservations fell 43 percent in the third quarter but plunged 70 percent the week ending 4 November, Bookings CEO Glen Fogel said to the Wall Street Journal. Winter’s drop in business will...
You must be logged in to post a comment.