Finance
In an exploration of airborne transmission of infectious diseases within healthcare settings, Lambert Strether critically analyses the limitations of the International Classification of Diseases, Clinical Modification (ICD-10-CM) regarding the classification of such infections as healthcare-associated infections (HAIs). Despite the Association for Professionals in Infection Control and Epidemiology (APIC) opposing the…...
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In a reflective yet informative tone, Lambert Strether of Corrente introduces a special edition of “Water Cooler” during the holiday season. He acknowledges the complexity of world events that continue despite the celebrations, hinting that while he typically offers a structured analysis, his current circumstances have necessitated a looser format.…...
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The broad spectrum of topics discussed across recent articles highlights various complexities and critical issues facing our world today. From scientific research on time travel and biological age to the socio-economic consequences of geopolitical tensions, these discussions encapsulate pressing matters that blend technology, health, environmental concerns, and global politics. Despite…...
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Yves reflects on the challenging landscape surrounding discussions of Covid vaccine side effects, expressing frustration over narratives that minimize the occurrences of these effects as “rare.” The official medical definition of “rare” varies, with the U.S. considering diseases affecting fewer than 200,000 people as rare, while definitions in the European…...
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Nissan Motor Co. has recently revised its annual profit outlook downward while announcing plans to eliminate thousands of jobs globally in response to declining sales in key markets. The Japanese automaker now projects an operating income of ¥150 billion (approximately $975 million) for the fiscal year ending in March 2025,…...
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Long-Term Treasury Yields and Mortgage Rates Surge as Bond Market Reacts to Increased Volatility, Yield Curve Continues to Un-Invert
The recent disconnect between the bond and stock markets post-Trump’s election victory has raised questions about investor sentiment and economic expectations. A notable factor contributing to the stock market rally is the Democrats’ electoral loss, which has diminished the likelihood of significant pushback against Trump’s ascension. In contrast to predictions…...
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Exit Polls Indicate Harris Gained Ground on Economic Issues, Yet Other Factors Might Have Overshadowed This Progress.
In the aftermath of the recent election, exit poll results brought mixed signals for Vice President Kamala Harris, particularly regarding voter sentiment about economic issues. Initially, it appeared that Harris might have made headway against Donald Trump, with the polls showing a narrow margin when voters were asked whom they…...
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Delivery Hero anticipates annual GMV growth at the high end of projections following strong Q3 performance.
Delivery Hero has announced strong growth in its third-quarter performance, which has led the company to revise its expectations for annual gross merchandise value (GMV) growth. The German online food delivery giant reported a robust growth of 9% year-on-year in GMV, reaching a total of 12.2 billion euros ($13.12 billion)…...
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In a surprising turn of events, Donald Trump has been re-elected as the U.S. president, marking an extraordinary political comeback four years after being ousted from the White House. His return raises numerous questions regarding U.S. economic policies, particularly concerning Asian companies that have significantly invested in the United States.…...
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In October, China’s outbound shipments experienced a remarkable surge, growing at their fastest rate in over two years due to proactive measures taken by manufacturers to stockpile products ahead of potential new tariffs from the United States and the European Union. The election of Donald Trump as U.S. president significantly…...
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In a significant legal dispute, the U.S. government has expressed support for Argentina amid a federal court case that could potentially force the country to relinquish its majority stake in the oil and gas company YPF. In a letter addressed to U.S. District Judge Loretta Preska, the Department of Justice…...
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FRP Holdings Inc. (FRPH), a Jacksonville, Florida-based real estate company, released its financial performance for the third quarter, highlighting a net income of $1.4 million, or 7 cents per share. This report underscores the company’s operations during the quarter, which yielded a total revenue of $10.6 million. As a key…...
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Shareholders of Territorial Bancorp in Honolulu recently voted in favor of a sale to Hope Bancorp, based in Los Angeles, concluding a drawn-out and contentious process to finalize the deal. This decision marks a significant shift for Territorial as it prepares to close the transaction by the end of the…...
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In Lambert Strether’s commentary, the fallout from the 2024 U.S. election serves as a focal point for discussions surrounding political dynamics and societal shifts. The unexpected results, particularly Trump winning the popular vote for the first time in two decades, raise questions about voter behavior and party alignment. The reactions…...
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Editor's Picks
Angel Mom Patty Morin: Trump Listened to a Mother’s Heartfelt Plea and Showed Compassion
At the recent Turning Point USA’s AmericaFest, Patty Morin captured the audience’s attention by sharing her heart-wrenching story of loss and injustice. Patty’s daughter, Rachel Morin, was allegedly murdered by Victor Antonio Martinez Hernandez, an illegal immigrant connected to the MS-13 gang. President-elect Donald Trump also took the opportunity to…
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