The Wagner mutiny exposes the Russian tyrant’s growing weakness. But don’t count him out yet
Ukraine’s counter-offensive is going slowly
Factions close to the Russian president are thinking about life after him
BARRON’S MAGAZINE – JUNE 26, 2023 ISSUE – The top CEOs of 2023; The Age of Oil will Endure; A Volatile Market is good news for Savers, and more…
From tech to tortillas, these 25 innovative leaders found ways to thrive through the mayhem and prepare their companies for the challenges ahead.
The industry looks headed for a major rebound, defying expectations of a long-term decline. Stocks such as Diamond Offshore Drilling and Noble could surge 50% or more.
It’s likely to be a bumpy ride, but the long-term outlook for a globally diversified portfolio has meaningfully improved, writes Gregory Davis.
The costs of taming price rises could prove too unpalatable for central banks
At first glance the world economy appears to have escaped from a tight spot. In the United States annual inflation has fallen to 4%, having approached double digits last year. A recession is nowhere in sight and the Federal Reserve has felt able to take a break from raising interest rates. After a gruesome 2022, stockmarkets have been celebrating: the s&p 500 index of American firms has risen by 14% so far this year, propelled by a resurgence in tech stocks. Only in Britain does inflation seem to be worryingly entrenched.
For Russia’s war to fail, Ukraine must emerge prosperous, democratic and secure
Ukraine’s war is raging on two fronts. On the 1,000km battlefront its armies are attacking the Russians’ deep defences. At the same time, on the home front Ukraine is defining what sort of country it will be when the fighting stops. Both matter, and both will pose a severe test for Ukraine and its backers.
Now is the time to buy some time
Iran cannot rival Ukraine and Taiwan for headlines, but it could soon prove as dangerous as either. Its nuclear-weapons programme has put its regime in a position to dash for a bomb. Because full-blown negotiations are impossible, the threat could yet draw the Middle East into war—including through American strikes on Iranian nuclear facilities. That is why it is good that the Biden administration is seeking to lower tensions.
BARRON’S MAGAZINE – JUNE 19, 2023 ISSUE – Beyond the Fed Rate pause; China-founded online retailer Shein is growing into a global titan.
The controversial China-founded retailer is growing into a global titan. Analysts say that many Western competitors are ignoring the app—at their peril.
Freeport stands to gain from the move to alternative energy—and it has the strongest balance sheet of any copper miner.
Fears of AI are weighing on the shares of Universal Music and Warner Music, but that is overdone.
India does not love the West, but it is indispensable to America
No country except China has propped up Russia’s war economy as much as oil-thirsty India. And few big democracies have slid further in the rankings of democratic freedom. But you would not guess it from the rapturous welcome Narendra Modi will receive in Washington next week. India’s prime minister has been afforded the honour of a state visit by President Joe Biden. The Americans hope to strike defence deals.
The Brazilian president faces resistance from Congress, the state oil company and agribusiness
Its real test will come when it hits Russia’s prepared defences
A deadly shipwreck in Greek waters highlights its dangers
BARRON’S MAGAZINE – JUNE 12, 2023 ISSUE – Don’t fear the bull market. Why stocks are headed higher.
The case for optimism as a resilient market continues to disappoint the bears.
Inflation has taken a bite out of budgets, and that’s particularly true at the grocery store, as everyday essentials from cereal to sugar have shot up in price. That sticker shock provides motivation for strapped consumers to eschew their favorite brands for less-expensive generics—often made by TreeHouse Foods
Nicholas Jasinski
Randall W. Forsyth
Jack Hough
The counter-offensive is getting under way. The next few weeks will be critical
Trailed ten days early with a blood-stirring video in which Ukrainian troops asked God to bless their “sacred revenge”, Ukraine’s counter-offensive is under way. For weeks its armed forces have conducted probing and shaping operations along the 1,000km front line, looking for weaknesses and confusing the Russians. Now Ukraine is testing enemy defences with an intensity not seen for months, with attacks against the occupiers in a series of positions in the east and south. The apparent demolition of the Kakhovka dam on June 6th, if it was indeed Russian sabotage as Western military sources believe, would be clear evidence that they are already feeling the pressure.
The meaning of “spatial computing”
No one shows off a new gadget quite like Apple. But the device that Tim Cook unveiled on June 5th was billed as something more significant. The Vision Pro, a pair of sleek glass goggles, represents “an entirely new spatial-computing platform”, said Apple’s boss, comparing its launch to that of the Macintosh and the iPhone. Apple’s message is clear: after desktop and mobile computing, the next big tech era will be spatial computing—also known as augmented reality—in which computer graphics are overlaid on the world around the user.
Democrats should ditch it in favour of ideas that Americans actually support
BARRON’S MAGAZINE – JUNE 5, 2023 ISSUE
Regulators don’t have a clear view into the huge world of nonbank finance, or ‘shadow banking.’ Barron’s peers into this opaque world.
Real estate investment trusts have been clobbered over the past year. We survey the landscape, from REITs that specialize in cell towers, data centers, and warehouses to ones holding troubled office buildings. Where to find value and where to dodge traps.
Water shortages and a fast-growing India are among the developments that will change economies and markets.
Carleton English
Randall W. Forsyth
Eric J. Savitz
Andy Serwer
What might change the world’s dire demographic trajectory?
In the roughly 250 years since the Industrial Revolution the world’s population, like its wealth, has exploded. Before the end of this century, however, the number of people on the planet could shrink for the first time since the Black Death. The root cause is not a surge in deaths, but a slump in births. Across much of the world the fertility rate, the average number of births per woman, is collapsing. Although the trend may be familiar, its extent and its consequences are not. Even as artificial intelligence (ai) leads to surging optimism in some quarters, the baby bust hangs over the future of the world economy.
There is a chance for a partial reset
It certainly wasn’t fair. Nor was it entirely free. But, like it or not, the victory on May 28th of Recep Tayyip Erdogan in Turkey’s presidential election is a fact. For the next five years Turkey, Europe and the wider world will have to deal with a prickly and authoritarian populist. That is bad news on many fronts: economically, democratically and regionally. And yet pragmatists have a duty to search for chinks of light in the gloom.
That compounds the problems of shrinking workforces and rising bills for health care and pensions
“Adam is a special child,” says the voice-over, as the camera pans across abandoned classrooms and deserted maternity wards. “He’s the last child born in Italy.” The short film made for Plasmon, an Italian brand of baby food owned by Kraft-Heinz, a giant American firm, is set in 2050. It imagines an Italy where babies are a thing of the past. It is exaggerating for effect, of course, but not by as much as you might imagine. The number of births in Italy peaked at 1m in 1964; by 2050, the un projects, it will have shrunk by almost two-thirds, to 346,000.
BARRON’S MAGAZINE – MAY 29, 2023 ISSUE
Bitcoin and other tokens have rebounded while big companies and funds continue to plow capital into cryptocurrencies.
T-bills—Treasuries issued with maturities of one year or less—have become one of the hottest investments around. And why not?
By Ben Levisohn
Nvidia might become the world’s first trillion-dollar chip stock—but it’s not worth chasing after this past week’s surge.
Boomers Daily 