Daily Column – 13th DecemBer 2021

When the state of Texas established an abortion law that delegated enforcement authority to private individuals, experts believed that this novel framework would serve as a model for other states to follow. They were absolutely correct. California Gov. Gavin Newsom announced this weekend that he is working on a proposal that will ban assault-style weapons … Read more

Daily Column – 11th December 2021

A good sign when economic news makes headlines, and that is certainly the case this morning: the U.S. economy grew at a slower pace than expected in November. The consumer price index in the United States, which monitors increases in prices across a basket of commodities, increased by 6.8 percent in November, according to the … Read more

daily Column – 10th December 2021

Following a string of disappointing movie-musical releases this year, Disney is aiming to resurrect the genre’s lustre with the theatrical premiere of West Side Story. In North America, the picture, which is a Steven Spielberg-directed reboot of the 1961 classic, will launch in 2,800 theatres today (and will not be available on any streaming services), … Read more

Daily Column – 9th December 2021

Cryptocurrency appeared in high-art circles, on NBA jerseys, and in an increasing number of investment portfolios in 2021. As a result, it should come as no surprise that the industry made an appearance in the halls of Congress for the first time ever. In a hearing before the House Financial Services Committee yesterday, six executives … Read more

Daily Column – 7th December 2021

Covid-19 vaccination will be required for all employees in New York City belonging to the private sector, from Wall Street traders to Times Square Power Rangers, according to Mayor Bill de Blasio, who announced the requirement in a press conference yesterday. In justification for the new rule (which de Blasio claims is a “first-in-the-nation” measure), the … Read more

Daily Column – 8th December 2021

Earlier this week, the National Labor Relations Board (NLRB) denied Starbucks’ request to postpone a union election at three of its outlets in the Buffalo region. On the plus side for the corporation, the National Labor Relations Board spelled their name correctly. The failed last-ditch attempt to halt the election means that Starbucks will now … Read more

Daily Column – 6th December 2021

A crucial test for the digital media business as well as the SPAC market will be conducted today when BuzzFeed goes public. Both have seen better days in the past. For more information, visit www.buzzfeed.com/investors. The background: Instead of going through the traditional IPO route, BuzzFeed merged with a special purpose acquisition company (SPAC), which … Read more

Daily Column – 4th December 2021

The November jobs data was as ambiguous as a dessert pizza, which is to say, well – ambiguous. Let’s start with the bad news: the economy added only 210,000 jobs in November, far less than the 550,000 jobs predicted and far less than the 546,000 jobs added the previous month. In fact, it is the … Read more

Daily Column – 3rd December 2021

Because Ray Dalio is the billionaire founder of Bridgewater Associates, the world’s largest hedge fund, when he speaks, people pay attention. When it comes to recent remarks made by billionaire investor Ray Dalio against Chinese policy, some individuals listened…then said “Wait, that was unusual.” Asked on Wednesday at a CNBC interview how he could reconcile … Read more

Daily Column – 2nd december 2021

Increased travel restrictions are being implemented by governments throughout the world as more cases of Omicron – the new highly mutated Covid variant  emerge, notably in the United States, in an attempt to curb the virus’s spread. The Centers for Disease Control and Prevention announced on Tuesday that it may require all air travellers entering the United States … Read more