Post 329

18/08/2025 31 min
Post 329

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Episode Synopsis

Large movie chains in the US are outperforming the industry.And a look back at AMC Theatres.French luxury goods company LVMH sales are still falling.Especially in Japan.US renewable energy credits are going away.A Danish company is particularly impacted.A poll shows that a slight majority of Canadians want to see home prices fall.But the percentage of homeowners who want this is likely much lower.Core inflation in the US ticked up for the second month in a row.In Financial RuctionsWholesale inflation ticked up even more than retail inflation.And despite inflation rising in the UK, the Bank of England keeps lowering its base rate.And investors have taken the British 30-year bond yield to its highest level in 27 years.In our book review of The Way the World Works:We take a look back at the establishment of Bretton Woods.How the Founding Fathers knew all too well the hazards of a paper currency as it was “liable to abuse.”And how it wasn’t long after Bretton Woods was established that the United States abused their exorbitant privilege.