Home » Posts tagged with » markets

California Economy Is 10th Most Dependent On Securities Trading

California Economy Is 10th Most Dependent On Securities Trading

Mike LaFirenza While much of the economy has struggled during the COVID-19 pandemic, one area that has consistently performed well is the equities market. One of the most commonly followed stock indices, the S&P 500, took a major hit in the early days of the pandemic, losing nearly one-third of its value in February and […]

China Syndrome? Is Evergrande A Symptom Of Deeper Malaise

China Syndrome? Is Evergrande A Symptom Of Deeper Malaise

BY Tyler Durden | ZeroHedge Authored by Bill Blain via MorningPorridge.com, Evergrande’s imminent default is rocking markets – but few believe the collapse of a Chinese property developer could trigger a global financial crisis. What if Evergrande is just a symptom of a deeper malaise within the Chinese economy and its political/business structures? Maybe there […]

Eight Bond Deals Pulled On Evergrande Contagion

Eight Bond Deals Pulled On Evergrande Contagion

BY Tyler Durden | ZeroHedge After a record post-Labor day bond offering frenzy, and a September calendar which has seen $104BN in IG debt issuance to date, and which Goldman believed (as of last week) will rival the monthly totals of 2019 and 2020… … the mood has soured sharply, and on Monday, at least eight investment-grade […]

Prescription Drug Prices: Politicians Are All Talk, No Action

Prescription Drug Prices: Politicians Are All Talk, No Action

by Thomas L. Knapp On July 26, 2020, US President Donald Trump signed an executive order under which the US government’s Medicare Part D program would have negotiated lower prescription drug prices based on an “International Price Index.” Implementation of the order was delayed pending counter-proposals from Big Pharma, but the Democratic response was swift. […]

Why I am Still a Cryptocurrency Enthusiast, 2019 Edition

Why I am Still a Cryptocurrency Enthusiast, 2019 Edition

  By Thomas L. Knapp Cryptocurrencies had a rough ride in 2018. As of January 7, 2018, the total market capitalization of all cryptocurrencies tracked by CoinMarketCap.com came to more than $800 billion, its highest point ever. As I write this on January 3, 2019, that total market capitalization is down to about $130 billion […]

Robust Housing Market Fuels Long-Distance Commuters

Robust Housing Market Fuels Long-Distance Commuters

CA housing becomes political football

CA housing becomes political football

Regulating Rides: Markets Are Better Than Politics

Regulating Rides: Markets Are Better Than Politics

    By Thomas L. Knapp Jacksonville, Florida’s politicians have, once again, arrived at an impasse on the matter of how to regulate “ride-sharing” services UberX and Lyft (Christopher Hong, “UberX, Lyft remain in limbo as City Council looks to state for new regulations,” Florida Times-Union, May 17). Instead of asking the state’s legislature to […]