by Joseph Joyce (lifted from Capital Ebbs and Flows) Partners, Not Debtors: The External Liabilities of Emerging Market Economies My paper, “Partners, Not Debtors: The External Liabilities of Emerging Market…
…except to say the other biopharmas entered the Hep C market with their own products forcing down these initial high prices and lowering Gilead’s stock valuation. Before Solvaldi, Gilead’s market…
…to the converting of publicly owned entities to private ownership. In 1955, Milton Friedman proposed privatizing public schools; saying that he wanted to bring ‘market forces’ to bear. At that…
…these markets. But probably not in all of them. One is of course the US stock market, which has hit new record highs recently for most of its indices, with…
May JOLTS report continues to show a jobs market out of equilibrium This morning’s JOLTS report for May continued all of the trends we saw in April – a huge…
July JOLTS report shows market still out of equilibrium, no additional hiring from early termination of benefits This morning’s JOLTS report for July is particularly important, because July was the…
…1,446,300 barrels of oil per day. Tuesday of this week saw the release of OPEC’s January Oil Market Report, which includes OPEC & global oil data for December, and hence…
…. . OPEC’s February 2022 Oil Market Report then revised aggregate global demand for 2021 higher by 10,000 barrels per day, OPEC’s March Oil Market Report revised 2021’s demand higher…
May JOLTS report: a significant deceleration in the underlying jobs market has likely begun Late last year I introduced the idea that the jobs market was similar to a game…
…scarcities which causes some prices to increase? During war times, the governments at war enter the market in a big way. This increase in demand pulls a gap between supply…