Market News
The "Long And Variable Lag" - A Dangerous Monetary Policy Myth
Forbes - 8 Jul 2023 21:31
Fed rate increases can't demonstrate the ability to "tame" inflation. Milton Friedman's "lag" is the conceptual crutch that is invoked to explain this ineffectiveness.
The Chinese Auto Empire Coming to the U.S.
Wall Street Journal - 8 Jul 2023 16:00
Forget BYD: Geely is the Chinese car company Americans will see most of in the coming years, through brands such as Volvo, Polestar, Lotus and Zeekr.
Avoid These Financial Missteps When Sending Children Off to College
Wall Street Journal - 8 Jul 2023 14:30
Most parents are aware of the big mistakes, such as failing to apply for financial aid. But it's the small slip-ups that can result in families taking a financial hit.
New debit credit card rules: How bank customers will benefit from this RBI proposal of card portability
livemint.com - 8 Jul 2023 06:24
New debit credit card rules: The Reserve Bank of India (RBI) has introduced a draft rule allowing debit, credit, and prepaid card users to choose their preferred card network. This move challenges the current practice of...