Price controls are currently being discussed on Capitol Hill, Washington DC, as a solution to the current cost of living crisis. Are price controls and rent controls the path of least resistance in the current crisis? As Darren Winters points out, those favoring more government intervention believe interest rates should be kept low to help …
Inflation Cooling Narrative
Here is why the inflation cooling narrative belongs to the fairy tales. So, the demand for energy and food is price inelastic and is relatively unimpacted by the cost of credit. What does that mean? Central banks cannot crush the demand for food and energy without triggering social unrest, industrial action, strikes, a currency crisis, …
Alpha trader; Part 2
So we continue with the accumulative knowledge of what makes an alpha trader, defined as speculative, short-term investors with a track record of outperforming the indices. Read Alpha Trader; Part 1 if you missed that read. Many of these lessons are learned by making several costly mistakes and failing in traders’ early career. But you …