JPMorgan (JPM) Traders See Big Tech Gains While Marko Kolanovic Stays Cautious

JPMorgan (JPM) Traders See Big Tech Gains While Marko Kolanovic Stays Cautious

From one corner of JPMorgan Chase & Co., the bank’s stock-averse chief market strategist, Marko Kolanovic, has issued a consistent drumbeat of warnings about stretched technology valuations and the risk that high interest rates will stall the global economy. Over at the bank’s trading desk, they’ve reached a different conclusion: It’s a good time to … Read more

Chile Constitution Referendum 2023: Why Voters Flipped From Left to Right Wing

Chile Constitution Referendum 2023: Why Voters Flipped From Left to Right Wing

Gabriel Boric made history when he got the most votes for head of state in Chilean history. Only two years later, polls show the nation is ready to abandon the president’s leftist coalition and back the conservative right. That drastic change in sentiment is apparent in districts like Putaendo, a rural town of 17,000 people … Read more

UK Immigration Minister Robert Jenrick Quits After Rwanda Asylum Bill Introduced

UK Immigration Minister Robert Jenrick Quits After Rwanda Asylum Bill Introduced

The UK immigration minister resigned over Prime Minister Rishi Sunak’s latest proposal to deport asylum seekers to Rwanda, underscoring concerns that the anti-immigration plan doesn’t go far enough to pacify a rebellion in the ruling party. Robert Jenrick quit his post on Wednesday, just hours after the government published a bill that aimed to ensure … Read more

Britain’s Posh Private Schools Move Further Out of Reach

Britain’s Posh Private Schools Move Further Out of Reach

Peak inflation pain hasn’t passed for everyone in the UK. The headline rate may finally be falling, but shocks still lie in store for some people. Some of the loudest groans have been emanating from parents opening their private school fee demands for the coming academic year. I speak from rueful experience. My own bill … Read more

Banking on Bernanke: The Readout With Ruth David

Banking on Bernanke: The Readout With Ruth David

Under fire from politicians and economists for failing to predict the pace of inflation, the Bank of England is calling in a big name to pronounce a verdict. The central bank today said former US Federal Reserve Chairman Ben Bernanke would lead a review into its economic forecasting. Bernanke’s surprise appointment comes as the UK … Read more