The Smith Anglin Blog

Category: Economy

You can’t tell from the Nasdaq index, but a lot of leading-edge technology companies aren’t making money. Even though the Nasdaq, a tech-heavy stock price benchmark, soared 43% in 2023 – far outperforming the Dow and S&P 500 indices – self-driving vehicles have stalled, electric vehicles are on the fritz, and artificial intelligence still hasn’t […]

Banks fail. No matter what guardrails we put in place, how many regulators are supposed to be overseeing them, or how sterling the top executives’ reputations, banks fail. Rarely do they all collapse at once, fortunately, and there aren’t always major reverberations throughout the economy, but bank implosions have happened before, and they’ll happen again. […]

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