In a recent speech, Federal Reserve Chairman Jerome Powell caused a tumult in the markets with tons of snickering, complaining, and outright anger from talking heads and politicians, let alone your average retail investor. How did he do it—and why?
Arguably the most towering figure in the world of hedge funds, and arguably one of the most important people in the history of finance, passed away aged 90. A look on his life shows what makes success in financial markets, as well as what doesn’t.
Some of the most successful and wealthiest people in finance are worth billions of dollars—but they want something more: respect. Those handful of multibillionaires who consider themselves philosophers—are they? Is finance a philosophy?
The market is beginning to look at a slide in inflation, but the story isn’t so simple. Cadence is a crucial and often overlooked aspect of market and economic forecasting—but it is perhaps the most important question in the disinflationary future we might be looking at.
If you want to understand inflation, you first need to define it—but there are many definitions and many ways to track it. Join Zolio as we dig into the biggest and most important metrics—and why they are different.
Many critics attack Wall Street as the seat of corruption and evil—and many suggest a world without finance at all would be a better one. Before we even approach thinking about a world where that is possible, we should first get to first principles. Is finance evil? Are banks evil? Not really—but they aren’t exactly good, either. So what are they? Let’s start by asking the right question.