Tickets are expensive. Alternatives are plentiful, convenient & cheap.
What SpaceX is trying to do has “bankrupted other organizations,” it said.
In fact, QE started reversing at the end of 2014.
The Slickest Annual Wealth-Transfer from Taxpayers to the Banks via the Fed.
But all bets are off if something big breaks.
Wall Street’s hope for a dovish Fed may not be entirely fulfilled, it seems.
With Seattle’s economy still strong, the downturn isn’t caused by layoffs & defaulting mortgages. The fabulous bubble has run out of steam on its own
This is embarrassing in the land of super-stimulus via the ECB’s negative-interest-rate policy and years of QE.
But this time it’s not a result of a tech bust. That hasn’t happened yet.
This is getting serious.