Douglas Boneparth, a 38-year-old financial adviser from New York, stated that the Greatest Wealth Transfer in History is no longer an impending phenomenon; it is now a present reality.
An intergenerational transfer of wealth...
Data from Incrementum AG and Crescat Capital LLC show the relationship between commodities and U.S. equities, and the next commodity super-cycle might be right around the corner.
In recent years, commodity prices have reached...
Erewhon, which is said to be America's most expensive grocery store, is frequented by a host of celebrities, including musicians, authors, and the Kardashians.
A luxury grocery store is proving so popular with customers...
The economic war against Russia has partially failed due to Europe having itself paid a high price to effect a partial boycott of Russian oil and gas.
There was much mirth in the West...
Adolfo Urso, the minister for enterprise in Italy, presided over a meeting in Rome where a commission consisting of lawmakers, pasta producers, and consumer rights groups gathered to address the pasta inflation crisis in the city.
Chris Edwards, an economic analyst at the Cato Institute, said that as the U.S. owes a whopping $7 trillion to foreigners, the federal government would be forced to either hike taxes or cut spending immediately to be...
Bloomberg reported that the West is losing Russian gold to the United Arab Emirates, Hong Kong, and Turkey, which have not joined Western restrictions.
A number of countries are snapping up Russian gold bullion...
The Federal Reserve purchased large amounts of government bonds and mortgage bonds to support the economy and financial markets during the COVID crisis, which has led to concerns that it is technically bankrupt.
Behind...
In 2021, China derived 43% of its GDP from investment, which is twice as much as the US and other Western countries. If China shifts some of its GDP to consumption, it could reduce its trade surplus...
Russian Foreign Minister Sergei Lavrov told reporters on the sidelines of the Shanghai Cooperation Organization meeting in India’s western state of Goa that it has billions of Indian rupees that it can't use.
Russia...
