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Thinkpad: The Inflation Fog

The inflation debate caught fire this week.As U.S. data showed that annual consumer price index had risen to 4.2% and core CPI to 3%, the question being asked by many was is inflation back? ....

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White House Makes the Case for Increased Public Investment

Saying that the time has come for a new framework for fiscal policy, President Biden’s Council of Economic Advis ....

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Opinion: Elon Musk a liability for Bitcoin | Opinion | DW

Opinion: Elon Musk a liability for Bitcoin
The Tesla boss has been a major force behind the cryptocurrency s meteoric rise. Musk s withdrawal on Bitcoin investors is proving to be a major nuisance as the coin strives to go mainstream, writes DW s Ashutosh Pandey.
Bitcoin proponents should look for a more reliable brand ambassador than Elon Musk
To be fair, it s no ordinary person s heart. It belongs to Tesla CEO Elon Musk, a tech trailblazer and arguably the most prominent cryptobacker. His endorsement, mainly via tweets and jokes, has helped fuel Bitcoin as well as its parody version Dogecointo record highs. ....

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February delivered another excellent result for the labour market with employment up by almost 89,000 people and the unemployment rate plunging by half a percentage point to 5.8 per cent.

February delivered another excellent result for the labour market with employment up by almost 89,000 people and the unemployment rate plunging by half a percentage point to 5.8 per cent.
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Three weeks into lockdown I got into the market. At home one afternoon while the incipient pandemic took off, I got a phone call from a friend who told me that a friend of his had been making hundreds of dollars trading financial instruments online. With only slightly better timing, he would’ve been up thousands. Now my friend, too, was in the market, and he was also up. This was not to apply pressure, of course, he just didn’t want me to miss out. Plus my stimulus check was practically in the mail, and I’d been given no immediate indication that my job was in jeopardy. So I routed $1000 into a Fidelity free online trading account and set to daytrading myself. I would, I felt, have been foolish not to. ....

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