I came across an interesting  article in the journal this week by  James Mackintosh discussing Protestantism and Capitalism. The key argument in his piece is that the more individualistic a country is, the better it is for economic growth and innovation. For example, the US leads the world in iinovation especially in technology. No other place in …

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The US economy is a consumption-driven economy. Hence American consumers traditionally tend to spend than save. The personal saving rate grew after the global financial crisis of 2008-09 and reached a peak of 11% in Dec, 2012. But since then a growing economing and falling unemployemnt have led to a decrease in the saving rate …

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A neat infographic on the emerging field of Artificial Intelligence(AI): Click to enlarge Source: MarketEye, BNY Mellon

The US economy is the largest in the world. However in terms of growth rate, many emerging markets are growing at a much higher rate than the US. This is especially true with the major emerging economies of China and India according to a note by Colm McDonagh of Insight, a BNY mellon Company. Click to …

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Price inflation for goods and services in the US vary widely over the long term. Some items such as healthcare, higher education, childcare, etc. continues to go up year after year like clockwork. Housing is back on the rise after the crash during the global financial crisis of 2008-09. In major metropolitan areas decent housing …

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