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These Are The Biggest Pain Trades

Last week saw renewed skepticism in the AI narrative, this week there is growing skepticism to the semiconductor narrative. A multitude of reasons from leveraged single-stock ETFs to a too hawkish Fed were apparent in explaining renewed Tech weakness. Indeed, despite Micron’s post earnings rally, which has now fully…

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Next Israeli gov't main issue will be controlling defense budget, Bank Hapoalim CEO told conference

Bank Hapoalim CEO Yadin Antebi said the next Israeli government’s central economic challenge would be gaining control over the defense budget, warning that the size of the defense budget would have a major effect on Israelis’ standard of living in the coming years.

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(Yonhap Interview) Guatemala sees Korea-Central America FTA as catalyst for investment growth, export diversification: top diplomat

SEOUL, July 2 (Yonhap) -- Guatemala is prioritizing its accession to the Korea-Central America Free Trade Agreement (FTA), which is expected to further boost bilateral trade and investment with South Korea, while helping diversify the Central American country's export markets, its foreign minister said.

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[Harold James] Crowning a healthy populism

Conventional wisdom has it that an autocratic ethnonationalist backlash against global capitalism and liberal democracy is driving 21st-century politics. Yet recent developments have shown the political revolt to be more nuanced. In an era of rapid technological and economic change, people invariably look to the pas…

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