Tag: trade
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![The strange story of SoftBank’s rich weirdo CEO, Masayoshi Son]()
The strange story of SoftBank’s rich weirdo CEO, Masayoshi Son
I’ve always wanted to be a rich weirdo. Like Nicolas Cage marrying Lisa-Marie Presley on a whim to feel close to her Dad, buying two private islands, collecting shrunken pygmy heads and living in Anne Rice’s old house in the Garden District of New Orleans weird. But those things get old, and eventually I’d want…
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![Long and Short (Ep 2): The rate cut and what it means]()
Long and Short (Ep 2): The rate cut and what it means
For the first time since 2008, the Fed cut rates by 25 basis points to boost economic growth. In a perfect world, a lower cost of borrowing would’ve made the market soar. But stocks fell yesterday, and they fell today. It’s complicated. Let’s get into it: Interest rates and the economy The interest rates set…
