The Sharing Economy Is A Scam

The Sharing Economy Is A Scam

‘Sharing’ was supposed to save us. Instead, it became a Trojan horse for a precarious economic future… Founded in 2014, Omni is a startup that offers users the ability to store and rent their lesser-used stuff in the San Francisco Bay Area and Portland....
A Much Weaker Chinese Currency?

A Much Weaker Chinese Currency?

Only three trade war updates today worth mentioning, all of which should leave markets brimming with optimism. First, it has been reported that China has hacked 27 US universities to try to steal maritime defence technologies. Second, Zhang Shan, China’s Commerce...
MIT Tech Can Beam A Voice Into Your Head

MIT Tech Can Beam A Voice Into Your Head

According to MIT, there now exists technology that can beam a voice right into your head from a distance. What? That’s crazy! While it sounds like the wild claim of a person suffering from a mental illness – “The government is telling me to do stuff and only I can...
You Shouldn’t Bet Streaks

You Shouldn’t Bet Streaks

Behavioral finance is an especially important topic during choppy markets. Today we review new work in the discipline that shows why people tend to make risky decisions even when they know the odds are against them, or avoid risky decisions even if the odds are...
World War 1’s Toll

World War 1’s Toll

Veterans Day in the United States was created to commemorate the veterans of World War I. This year Veterans Day also marks 100 years since the end of the war to end all wars. As Statista’s Sarah Feldman notes, World War I became known as the war to end all wars...