Sinking euro: The ECB’s approach to fighting inflation is messy and modest compared with the Fed’s. As Eric Reguly writes, it has lost 15 per cent against the dollar over a year, with most of that decline happening since January, when it traded at US$1.13. In recent days, it has traded on either side of the dollar, marginally so, but could go lower as a war-induced recession marches closer and the European Central Bank puts out mixed messages as it tries to placate everyone – and no one.
If you’ve been feeling the pinch when it comes to buying concert tickets, you’re not alone. As of late June, the average ticket to one of the 100 most popular tours in North America cost US$108.20,than an average ticket in 2019, Irene Galea writes. Price increases are being driven, at least partly, by increased demand. In the first half of 2022, each of those tours attracted 5 per cent more audience members than in 2019, and took in 25 per cent more revenue.
doomandgloom
That’s not even news because of business cycle. What goes up comes down eventually. Don’t buy when market going up what’s so hard about that. Patience
Thanks to Liberals and Canadians who voted for them
great reset
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