Chinese RMB hits 3-year high Vs. the USD
The Chinese RMB rose nearly 4% against the US Dollar in the last two months – closing this week at a 3-year high. Some analysts believe the rally in the RMB was “engineered” by the Chinese government ahead of trade talks with the USA; however, the USD has been weak...
What comes next as the US argues about how many Angels are needed to plug a dam?
This morning: Nothing to worry about… except Pandemic, Bonds, Inflation or Deflation, Record Container Prices and Geopolitics? Is there any chance of compromise and a deal on the US infrastructure package everyone agrees is necessary – or will it sink into the...
Rolls-Royce will now build you any car you want, but it will cost millions
(CNN)If you have the money — and if Rolls-Royce executives like your idea — the British ultra-luxury carmaker will build you the car of your dreams. Rolls-Royce now joins a number of other ultra-luxury carmakers, including Bentley and Porsche, that will...
Your job must be performed in person? That will not save you from online competition
Studying the internet’s impact on music offers lessons for all other industries. As Will Page, the former chief economist at Spotify, points out, “Music was the first to suffer, and the first to recover, from the forces of deep technological disruption, making it...
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