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Non-Physical Economy
August 9, 2022 | Recently, our colleague and friend Clay Finck, showed us a chart highlighting the changing composition of S&P 500 companies over time, from primarily tangible assets to now almost entirely intangible assets.
We Need To Talk About The Petrodollar
August 8, 2022 | Ultimately, Saudi Arabia agreed to price and settle oil contracts primarily in USD in exchange for U.S. military protections and arm sales. Since oil underpins the global economy, this extra demand has artificially propped up the dollar’s value...
Maybe There’s No Recession After All…
August 5, 2022 | Businesses continue to hire despite two consecutive quarters of economic contraction, a slowdown in consumer spending, and the rising risks of recession.
