Slightly Premature Victory Laps The nightmare of nightmares of the globalist elites and France’s political establishment has been avoided: as the polls had indicated, Emmanuel Macron and Marine Le Pen are moving on to the run-off election; Jean-Luc Mélenchon’s late surge in popularity did not suffice to make him a contender – it did however push […]

from Liberty Street Economics — this post authored by Hunter Clark, Maxim Pinkovskiy, and Xavier Sala-i-Martin For analysts of the Chinese economy, questions about the accuracy of the country’s official GDP data are a frequent source of angst, leading many to seek guidance from alternative indicators. These nonofficial gauges often suggest Beijing’s growth figures are […]

Written by BNN.ca Canada’s largest telecommunications company, BCE, Inc. (NYSE: BCE ), reported a better-than-expected first quarter profit on Wednesday, driven by an increase in net postpaid subscribers. BCE, Inc., popularly known as Bell noted that, it added 35,728 postpaid customers on a net basis in the first quarter, more than the 30,000 additions that analysts at […]

The current bull market has lasted 8 years. This is much longer than the typical bull market. Further, the S&P 500’s price-to-earnings ratio is 25, well above historical averages. Investors around the world are wondering if the next recession is around the corner. A case for this could certainly be made… Which leads investors to wonder how […]

It goes without saying that what has transpired in the market recently has bugged me. Once again, it seems that a wallet stuff full of cash was resting on the boardwalk deck, and as we bears bent to grab it, a kid behind a corner yanked on the string and the wallet was gone. Allow […]