2023 Layoffs: Spotify Slashes 6% Of Jobs In Latest Tech Onslaught

The Trump administration is using a secret indictment to assert leverage over Venezuela’s Acting President Delcy Rodríguez, according to the editor-in-chief of the US government-funded outlet, Armando.info. “One of the information we manage is that the US is holding an indictment against [Rodriguez] to make it public, just in case she derails,” Valentina Lares Martiz […]

The Weak Dollar Narrative Authored by Lance Roberts via RealInvestmentAdvice.com, We have spent a lot of time over the last year debunking “narratives,” which are dangerous to investors, as “narratives” create a rationalization for overpaying for assets. Nonetheless, Wall Street loves a simple story and is happy to jump on a trend with momentum, selling products to unwitting consumers. A good example of that lately has been the “weak dollar” narrative, which has pushed investors to chase foreign assets. The negative correlation between a weak dollar and rising international stock exposure appears to be a free return. Unsurprisingly, the...

Bob lays out California’s proposed 5% wealth tax on billionaires, using it to explain why taxes on wealth are especially destructive, how different tax structures change incentives, and what recent migration data says about people voting with their feet.