And fields that once yielded this delicate spice have become sites for new housing construction. Climate change is threatening the production of all kinds of foods from cloves in India to eels in Japan and Spain. Here are 10 expensive, and vulnerable, foods and why climate change is making them so much more expensive.
Chapters: 0:00 — Introduction 1:09 — Chapter 1: “Luxury” 5:42 — Chapter 2: Policy 9:55 — Chapter 3: Increasing supply
As a result, many cities remain stuck in a price-elevating housing shortage. Washington lawmakers are now scrutinizing regulations that slow the pace of homebuilding, in an attempt to slow rent inflation.
Barron’s Magazine – April 3, 2023:
Americans spent 53 billion hours on TikTok last year, according to one Wall Street estimate. If the service is banned in the U.S., much of that time could go to Meta, YouTube, and Snap. What it all means for stocks.
The former Democratic congressman, of Dodd-Frank fame, has a lot to say about the rapid demise of the New York bank that he served as a director.
With high concentrations of commercial real estate loans, these midsize lenders could come under pressure. But they look to be managing the risks well.
UP AND DOWN WALL STREET
Barron’s Magazine – March 27, 2023:
While retirement planning is a decadeslong endeavor, the way you handle your final decade before leaving the workforce will have a critical impact on how ready you’ll be when that day finally arrives.
“It hits about 10 years out—this train is coming to me,” says Danielle Byrd Thompson, a financial professional at Equitable Advisors in Washington, D.C. “It’s like a time clock is starting.”
A Barron’s analysis finds that four states fined the retailer a total of more than $1 million for price inaccuracies in 2021 and 2022.
With fat yields and more safety than common stock, preferred shares can be lifeboats for investors navigating banking’s stormy seas. Why bigger is better for small investors.
The brokerage’s stock has plunged by more than a third this year as customers yank cash from low-yielding “sweep” accounts. What’s ahead.
Barron’s Magazine – March 20, 2023:
The nation’s banking giants will be beneficiaries of the industry’s turmoil. They have cheap stocks, and hefty dividend yields.
Investors and customers fell in love with these two Silicon Valley banks and their CEOs. Then they fled as the crisis hit.
The banking sector is in turmoil. But the causes are very different from 2008.
Some economists say the Federal Reserve must pause its interest-rate-rising campaign to help bolster banks, while other economists say that such a pause would indicate the Fed isn’t serious about taming inflation.
Barron’s Magazine – March 13, 2023:
Inflation and higher interest rates brought an end to rah-rah returns for growth stocks. Advisors are adjusting by buying more bonds and shifting their focus away from once-sexy stock sectors.
Larger financial institutions have different funding sources and are subject to much tighter regulation.
It could take five to 10 years for an EV to pay off financially compared with a gasoline-powered car. Here’s what to know if you’re thinking of going electric.
Kellogg, Johnson & Johnson, Crane, and BorgWarner are planning to hive off a chunk of their businesses in 2023. What investors need to know.
A superpower conflict would shake the world
Europe is witnessing its bloodiest cross-border war since 1945, but Asia risks something even worse: conflict between America and China over Taiwan. Tensions are high, as American forces pivot to a new doctrine known as “distributed lethality” designed to blunt Chinese missile attacks. Last week dozens of Chinese jets breached Taiwan’s “air defence identification zone”. This week China’s foreign minister condemned what he called America’s strategy of “all-round containment and suppression, a zero-sum game of life and death”.
Higher interest rates are not sufficiently slowing global growth
But his allies disagree on its strategies and goals
Barron’s Magazine – March 6, 2023:
Low-tax states might not always be the bargain they appear to be. They often have higher taxes on things that matter more to you.
Agriculture is getting its biggest tech upgrade in generations. Deere, AGCO, and other industry giants stand to benefit.
The retail chain now has 333 stores, and is expanding into the Northeast. It has seen steady growth, high profitability, and low debt. And there’s no reason that its growth won’t continue.
Barron’s Magazine – February 27, 2023:
The central bank’s efforts to tame inflation haven’t worked yet. More pain, and a harder landing, could lie ahead.
Cyclical companies with pricing power look good for now, but prepare to switch to growth stocks as the Fed eases up.
A fight over Grayscale Bitcoin Trust is heading to court as investors and hedge funds jockey over the fate of the world’s largest crypto fund.
February 20, 2023: A selection of three essential articles read aloud from the latest issue of The Economist. This week, why inflation will be hard to bring down, Peter Obi’s plans to transform Nigeria (9:55) and a promising step towards a male contraceptive pill (15:20).
Boomers Daily 