The legendary David Attenborough pulls off what might be the greatest dolly zoom ever captured on film—set against the dramatic backdrop of Newfoundland, Canada.
American multinationals largely headquartered in the US booked $300B in profits in Ireland last year, generating $38–39B for the Irish Treasury, with ~ half coming from Apple, Microsoft and Eli Lilly. Happy Saint Patrick's Day!
https://t.co/Xilc7cjeQg
Many people worry about overpopulation. But an increasing number, especially in rich countries, fret about demographic shrinkage. There are several reasons to doubt the doomsayers https://t.co/S0yry6yTvX
Foreign investors now own a record 18% of the US stock market, Goldman notes: If this group is starting to question the idea of US exceptionalism—and is already reducing its exposure to US equities—then there could be more downside ahead.
Rathbones, RBC Brewin Dolphin, Evelyn Partners and Schroders Cazenove told the Financial Times that more US clients were looking to move a greater portion of their wealth to the UK, while others had already done so. https://t.co/p9tosBoXRD
The Chinese government is investigating the financier son of Liu He, a former vice premier who headed trade talks with the first Trump administration, the Financial Times reported on Sunday, citing seven unidentified people https://t.co/sKP3HNwDrF
China’s ruling Communist Party has abruptly switched the roles of two Politburo members, according to the South China Morning Post https://t.co/T81h8e9fa1
As Peter Thiel and Sam Altman dined at L.A.’s hottest new restaurant in 2023, four members of OpenAI’s board were holding secret video meetings. How had it come to this? https://t.co/7VaEJuoTbQ
A few thoughts on the 25% tariff on imports of finished automobiles.
Imports are just under $275b (2024), or just over 0.9 pp of US GDP. The "just pay it" cost of the tariff is about 23 bp of 2024 GDP ...
1/ many
The European Commission is seeking to set up collective arms purchasing for the entire bloc, in what would represent a significant transfer of power to Brussels https://t.co/ipa6nhz683
Some sense of spending firepower this unleashes ⬇️
Merz's "whatever it takes" package could significantly exceed the two biggest (H/T @DavideOneglia) fiscal boosts in post-war German history: the Marshall Plan and reunification.
Q: When is Plantar Fasciitis not Plantar Fasciitis?
A: When it’s Baxter’s Nerve.
Not all heel pain is Plantar Fasciopathy.
Look for:
Medial heel symptoms climbing upward
Ankle injury/persistent irritation history
Pain-free calcaneal tubercle on palpation
Footwear compression