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The Atlantic (January 4)

2024/ 01/ 06 by jd in Global News

“The illusion persists, despite all evidence…. Poll after poll shows that at best, only 20 percent of Americans say the economy is doing better than it was a year ago.” But by very valid measures, many more are doing better: “Unemployment is lower. Wages are growing. Inflation is declining…. These are tangible improvements in household income that should be cheering people up. And still, they are not.”

 

The Guardian (December 31)

2024/ 01/ 01 by jd in Global News

2023 was “the hottest year on record” and may mark “the year humanity put its stamp on Antarctica in ways that will be felt for centuries to come.” The continent “has suffered dramatic shifts that raise serious concerns about its immediate health.” These coincide with “evidence that longer-term transformations linked to the climate crisis have started much sooner” than expected. Beyond “ramifications for local wildlife,” there will be ripple effects “across the globe in ways that are often less well understood.”

 

Wall Street Journal (August 12)

2023/ 08/ 14 by jd in Global News

“The political world has finally awakened to China’s economic woes…. The evidence has been building for years that much of China’s economic growth was a debt-inflated bubble, and this week another Chinese property developer defaulted on some of its debt.”

 

New York Times (April 5)

2023/ 04/ 07 by jd in Global News

“With the release of the indictment and accompanying statement of facts, we can now say that there’s nothing novel or weak about this case…. Whatever happens next, one thing is clear: Mr. Trump cannot persuasively argue he is being singled out for some unprecedented theory of prosecution. He is being treated as any other New Yorker would be with similar evidence against him.”

 

Investments & Pensions Europe (January Issue)

2023/ 01/ 04 by jd in Global News

“The scientific evidence is unequivocal that if humanity continues along its current path, it is likely that, by 2100, global average temperatures will rise by between 2.7°C and 3.6°C. A rise of 4°C could lead to a cost of as much as $31trn (€29trn) per year in 2100… apart from the costs of loss of life and destruction of habitats.”

 

Financial Times (December 15)

2022/ 12/ 16 by jd in Global News

“Evidence of a wave of Covid-19 deaths is beginning to emerge in Beijing despite official tallies showing no fatalities since an uncontrolled outbreak began sweeping through China’s capital this week. Staff at one crematorium in Beijing said they cremated the bodies of at least 30 Covid victims on Wednesday.”

 

Newsweek (December 2)

2022/ 12/ 03 by jd in Global News

“The failure to conduct basic due diligence of Bankman-Fried is after all what led to his ability to take so many people for a ride. That refusal to investigate reflects the complexity of the crypto industry and the difficulty involved in tracking the flow of funds and risk on the blockchain. But it’s also further evidence of how the media gets hoodwinked by Robin Hood narratives, something many technology leaders have learned to leverage well.”

 

Financial Times (June 6)

2021/ 06/ 07 by jd in Global News

“The Japanese AGM season will provide rapidly digestible evidence of three things: how empowered activists feel, how awkward the big institutions feel about backing them, and how threatened managements feel by both of those.” The results are unlikely to show real change. “Despite the appearance of change, half of Japanese stocks still trade below book value and carry not just a record value of cash as a proportion of equity, but the largest such ratio in developed markets.”

 

Institutional Investor (January 4)

2021/ 01/ 04 by jd in Global News

Researchers have uncovered “striking evidence of pre-disclosure spikes in options trading.” They “investigated informed trading activity in equity options prior to firms’ cybersecurity breach disclosures. We found pervasive directional options activity, consistent with strategies that yield abnormal returns to investors with private information.” There is a clear “cost of disclosure, and delayed reporting of breaches creates informed trading opportunities.”

 

USA Today (November 12)

2020/ 11/ 14 by jd in Global News

“Sore loser Donald Trump claims he was cheated out of reelection. Where’s the proof?… The increasingly obvious answer is that the evidence does not exist. There is no proof of any widespread voter fraud, and surely not enough to overturn the results in a single state, much less the three or more states Trump would need to reverse the outcome.”

 

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