Since the bottom of the global financial crisis in July 2009, the S&P 500 has generally experienced a bull market. While there were challenging periods in 2018, 1Q 2020, and 2022, stock market investors have largely been well rewarded. However, Goldman Sachs warns that the good times might be coming
Before retiring in 2012, I didn’t fear boredom or loneliness. It never occurred to me that I would be bored with so much potential freedom. My main fear was whether giving up a steady paycheck was an impetuous move that could lead me to financial ruin! After I left work,
Black Card: “We have terrible news. Seven years ago, 150,000 people paid us $15 to protect a pristine parcel of land on the US-Mexico border from racist billionaire Donald Trump’s very stupid wall. Unfortunately, an even richer, more racist billionaire, ………… snuck up on us from behind and completely fucked
Sending exploding spacecraft into the sky and preparing to turn Mars into a planetary Galt’s Gulch (after nuking it, of course) takes a lot of money. It also takes a lot of space—more space, apparently, than SpaceX has. More space, it seems, than is available to it at the neighboring
  Author: Niccolo Ricci, CEO, Stefano Ricci In 2023, the luxury sector demonstrated robust growth, despite facing global economic complexities, an overall slowdown in consumer demand, and inconsistent performance across different markets. Bain & Company reported a global market value of €1.5trn, with personal luxury goods reaching €362bn – a
  Author: Manuela Francisco, Global Director for Macroeconomics, Trade and Investment, World Bank From the Covid-19 pandemic to advanced-economy interest-rate hikes, developments over the last few years have left many developing economies struggling to repay their debts. But the problem might be even bigger than the world realises, as many
  Author: Alex Katsomitros, Features Writer For fans of American football used to watching advertisements about fast food chains, the last few months have been a crash course in banking regulation, with commercial breaks during NFL games often featuring ads that warn them about sudden hikes in their mortgage rates.
Rooftop solar panels destroyed by the violent wind in Nantong, China  Author: Sara Ver-Bruggen, Features Writer Solar is the fastest-growing energy source in the world. Between 2013 and 2022, 46 percent of global renewable energy investments flowed into solar photovoltaics, according to the International Renewable Energy Agency (IRENA), which also
  Interview with: Prof. John Coates, Harvard Professor As a Professor of Law and Economics at Harvard Law School, as well as former Acting Director for the Division of Corporation Finance for the US Securities and Exchange Commission (SEC), John Coates doesn’t mince his words when it comes to regulating
  Author: Vikki Davies, Features Writer Despite its meteoric rise, the cryptocurrency market operates within a regulatory grey area in many jurisdictions. The decentralised and borderless nature of cryptocurrencies poses significant challenges for regulators, who must grapple with issues ranging from investor protection to money laundering and financial stability. James