Welcome to your Sunday digest…my weekly breakdown of the things we’re thinking about and talking about in the Global Intelligence world. I’d like to begin this week’s edition by wishing you a Happy Fourth of July! After the difficult past year of COVID restrictions, I think we all deserve the opportunity to rest, relax, and [Read More] …
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Is Living Overseas Safe for Americans?
My phone dinged. I looked at the screen—a text message from a friend I grew up with: “I carry pepper spray in my pocket now. I’m thinking of getting a pepper-ball gun. Sh** is just crazy out in the streets now.” It was the second such conversation I’d had in 10 days from friends in the U.S.—one in [Read More] …
These New Banks Are Offering 10% Interest on Your Savings
When you’re accustomed to the beatings, you never trust the helping hand. And for the last decade or so, the beatings have been regular and unceasing, delivered by the Federal Reserve, at the hands of the banking industry. Here’s how it goes: You walk into your nearest branch, you have a bundle of Ben Franklins you want to stick into the highest-yield savings account [Read More] …
These 2 Numbers Make Me Worried About the Stock Market
What are you most worried about? That’s not a figurative question. I am truly curious. Are their financial/investment matters that cause you concern? Are their social issues? Political or economic issues? I’d actually really like to know what you’re worried about in your own life. If you have a spare three minutes, shoot me an [Read More] …
The Upside to China’s New Crypto Crackdown
Another day, another China-inspired bloodletting in the crypto market. Maybe you saw—China is now pushing banks and financial-services companies to stop dealing with crypto altogether. Well, that freaked out a market already more jittery than a meth-head going through withdrawal. Bitcoin dropped $10,000 in a day—about 25%. Ethereum lost about 17%, dipping below $2,000 for the first [Read More] …