Illustration by Risto Avramovski Text size About the Author: Pierre Cramer is Senior Managing Director and Senior Portfolio Manager, Insurance Asset Management at SLC management. This comment reflects his personal opinions. The trajectory of risky assets in 2023 depends on how far the Federal Reserve is willing to go with its interest rate hikes to …
The threat of runaway inflation is still relevant Read More »
Text size The towers of the Linden gas-fired combined heat and power plant, also known as ‘Three Warm Brothers’, in Hannover, Germany. A European Union ban on Russian oil imports by sea went into effect on Monday. Krisztian Bocsi/Bloomberg About the Author: Abishur Prakash is co-founder and geopolitical futurist of the Center for Innovating the …
Text size Consumer dissatisfaction is worse among households earning less than $50,000 a year, writes Dana M. Peterson. Frederic J. Brown/AFP/Getty Images About the Author: Dana M. Peterson is chief economist at the Conference Board. Consumers sense that a recession is imminent and are beginning to behave accordingly. They become more and more unhappy by …
Consumers are starting to act as if recession is imminent Read More »
“Previously the provenance of craft bartenders and spirits connoisseurs, mezcal has decidedly entered the mainstream.” blue class Text size Mezcal, the smokier and bolder tasting agave-based alcohol than tequila, has never been more popular. According to research firm ReportLinker, the North American mezcal market recorded sales of US$326.29 million in 2019 and is expected to …
The rarest and most expensive mezcals on the market today Read More »
Retirees and investors approaching retirement are under pressure this year. Inflation soared to multi-decade highs, stocks fell and bonds – a safe haven in normal times – crashed. The traditional portfolio of 60% stocks and 40% bonds had one of its worst years in a century. No wonder retirement investors are so gloomy. Americans say …
How to keep your retirement on track in an unpredictable market Read More »
