Posts in category

Financial crisis


As the economy rebounds from the Covid-19-induced recession, legal services face a difficult challenge. In many cases, the workflow in legal departments has reached higher levels than before the pandemic, but most legal departments are unable to hire permanently and remain under budgetary pressure which existed during the pandemic. As a result, legal departments are …

July 24, 2021 MIAMI AND WASHINGTON, DC MIAMI IS hot, especially if you are selling a house. Home prices are 20% higher than a year ago. And unlike other major US cities, rents are also on the rise (24% year-on-year) as the Magic City absorbs newly posted teleworkers. Ecstatic real estate agents describe a godsend. …

The effect of GFC on public finances has led many governments to adopt austerity measures, including spending cuts and tax increases. This, in turn, has led to popular opposition movements and street protests, including the Occupy movement in the United States and elsewhere. In recent years, the Black Lives Matter movement has led to an …

The way you navigate a bear market in stocks makes the biggest difference to your long-term returns on your investment. This is important to remember at all times, but especially when the stock market is going down sharply. No one knows if the weakness in the US market is the start of a bear market, …

The investor who sold his fund bearish as the 2008 financial crisis unfolded, delivers a grim long-term prognosis on Wall Street. From the S&P 500 to Big Tech to bitcoin, David Tice warns that these are currently “very dangerous times” for investors. “The market is very overvalued in terms of future earnings. We are adding …

By Fareed Zakaria We are now almost a year and a half into the pandemic. Enough time has passed to begin to look back and learn lessons, especially comparing it to the last great shake up in the international system – the global financial crisis. Did we learn from 2008? At first glance, the comparison …

Credit rating agencies are revaluing hundreds of billions of dollars in US corporate debt, in a partial reversal of downgrades at the start of the pandemic that reflects the sharp rebound in profitability in much of US businesses. About $ 361 billion in investment grade bonds have revalued in the past two months, including a …

Treasury Secretary Janet Yellen warned on Thursday that prices could continue to rise for several months, although she expects the recent spike in inflation to subside over time. In an interview with CNBC, the cabinet official added that she was concerned about the problems inflation could pose for low-income families looking to buy a home …

The CEO of the world’s largest asset manager told CNBC on Wednesday he was worried about a “silent retirement crisis,” citing global monetary policies that are discouraging savers. “Undoubtedly, as central banks keep rates low or even negative in Europe, savers are being criticized,” BlackRock co-founder Larry Fink said on “Squawk Box”. He added: “Asset …

In this time of crisis, a famous quote attributed to Winston Churchill during World War II is often remembered: “If you are going through hell, keep going. While South Africa is not in the midst of a physical war, it is battling the COVID-19 crisis head-on. Like most other countries, South Africa has not been …