The US Dollar cheered Warsh’s nomination for Fed chair. Precious metals plunged as investors lost interest in debasement trade. Speculations and the recent nomination of Kevin Warsh to become Fed chair have allowed the US dollar to find its footing. In the past, this former FOMC official has shown himself to be a ‘hawk’. Markets […]
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With aviation one of the most expensive industries in which one can break into with a new company, smaller airlines periodically end up going bankrupt or in some cases shutting down before they can take Read more…
Let’s examine the performance of Warren Buffett‘s investment conglomerate Berkshire Hathaway. The shares have traded sideways for most of the past year: Berkshire Hathaway’s Class A shares (BRK.A) rose 10.85%, while the cheaper and more Read more…