The Martin Hutchinson Place
In Japan’s recent Upper House elections, the ruling LDP-Komeito coalition under Shigeru Ishiba lost its majority (barely) but a more striking result was the success of the populist-right Sanseito party, which won 14 new seats in the Upper House. Like its German cousin AfD, Sanseito proposes a sensible mix of policies including strong opposition to […]
When Satoshi Nakamoto created Bitcoin in 2008, it was not a scam but a very ingenious, potentially useful new invention, largely because of the “blockchain” by which transactions could be recorded in permanent form. When I spent six months in late 2017 recommending crypto-currencies for an investment service (very successfully, being fortunate indeed in my […]
Wall Street trading titan Jane Street was last week banned from trading in India, having made a $5.2 billion profit from options trading apparently mostly at the expense of Indian retail investors, according to a Financial Times report. Jane Street, a trading house with $20.5 billion of net trading revenues in 2024, is an extreme […]
Recent U.S. employment figures have seen a rise in the native-born workforce, a decline in the immigrant workforce and a rise in real wages. Some companies seem to have noticed – Home Depot’s $5.5 billion acquisition of the building supply contractor GMS indicates a move towards the contractor market, whose distribution pattern is less labor-intensive […]