My Midweek morning train reads: • Tilting At ETF Windmills. (ETF.com) • Aligning Business Models to Markets (Kwokchain) • Economics After Neoliberalism (Boston Review) • Everybody Makes Podcasts....
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This is horrifying: By buying or licensing data or scraping public records, third-party data companies can assemble thousands of attributes each for billions of people. For decades, companies...
Howard Marks of Oaktree Capital began writing his Chairman’s Memos as part of his “thought process” in 1990. He describes the first decade of printing them — literally on paper, inserting them...
Click for video. Source: Bloomberg
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My Tuesday morning train reads: • Tesla Is Finally Building the Car It Always Promised, and Nobody’s Happy (Slate) • Former Fed Chair Janet Yellen: Far from retired, nowhere near done (Market...
The Fed is the mortal enemy of the young generations, and thus of the nation itself.
"The wealth effect" generated by rising stock and housing prices has long been a core goal of the Federal Reserve and other central banks. As Lance Roberts noted...
``Kroger is reportedly considering Bitcoin as a payment option, with Anthony Pompliano updating Twitter followers yesterday to state that he had spoken personally with Kroger Digital representatives. He added that it looked like "things are...
Why Did Former Michigan AG Bill Schuette Drop A Criminal Investigation Of Lapeer Circuit Judge Nick Holowka?
``Another user raged on a selfie of the couple posted Feb. 14, "Can y'all teach me how to ripoff my landlord? I'm tired of paying rent when I could be using my money to take lavish vacations."''
Markets Make Everyone Feel Stupid at Some Point The real questions is, how long are you willing to live with it? Bloomberg, February 25, 2019. How long are you willing to look stupid? At...
My undisclosed location Monday morning beach reads: • The Deep Vault of Millennial Fintech Apps (The Ringer) • MMT for Dummies (Credit Writedowns) • The Best Books on Capitalism and Human Nature...
From a single email sent to West Germany to restrictions on Winnie the Pooh and the letter N, this is how the internet took hold in China. A Brief History of the Internet in China Source:...
NPR “In the years before 1951, the Federal Reserve took orders from the Treasury, and by extension, from the President. The President would request that interest rates remain low, and the Fed...
Rounding up the usual suspects won't restore a vibrant middle class.
What killed the middle class? The answer may well echo an Agatha Christie mystery: rather than there being one guilty party, it may be that each of the suspects participated in...
New York Man Found Tied Up In His Truck Faked His Own Kidnapping To Avoid Paying Super Bowl Bets
My warm Caribbean Sunday morning reads: • Nobody Wants to Invest in Your Shit (Meb Faber) • The Fall of ‘America’s Money Answers Man’ (New York Times) • The Easiest Retirement Choice (Of Dollars...
Wanda Sykes takes a lie detector test. Does she still work for the NSA? Does she think her wife every fake laughs at her jokes? Does she like one of her twins more than the other? Does she think...
``Johnston: Well, one of the things we're going to see is that his adjusted gross income, that's the last figure on the front page of your tax return, in some recent years was less than $500,000. We know that because he got something in New York...
Hold the eye roll and exasperation about millennials and their failure to launch or the gushing of financial resentment for a moment, and consider the unforgiving economics of trying to make it in this country today. Wages have stagnated, while...
This week we sat down with Howard Marks of Oaktree Capital for a special edition of Masters in Business Live. Oaktree manages over $120 billion dollars in distressed debt. He is the the author of...
The weekend is here! Pour yourself a mug of Aggies blend coffee, grab a seat on the aisle, and get ready for our longer form weekend reads: • Who’s Killing The Soul Of Sneaker Culture? (Deadspin)...
- Succinct Summation of Week’s Events 3.1.19
- It's All About Who Reaps the Gains (Asset Bubbles) and Who Eats the Losses (Stagnating Wages)
- Its Not Capitalism, its Crony Capitalism
- Former Detroit Land Bank Spokesman Busted For Cocaine Possession
- 10 Friday AM Reads
- Ferrari F8 Tributo
- Why Didn’t Any Wall Street CEOs Go to Jail?
- 150 Years of U.S. Employment History
- Market dips as Trump-Kim summit dissolves; China economy slows
- Equifax Spanking Expected By Multiple Government Agencies
- 10 Thursday AM Reads
- Alexandria Ocasio-Cortez lays groundwork for Democrats to subpoena Trump's tax returns at Michael Cohen hearing
- The Religion of Workism Is Making Americans Miserable
- Cohen Confirms Trump Made Illegal Payments in Campaign; Continued to Control Trump Org As Prez
- The Doomsday Scenario for the Stock and Housing Bubbles
- AT&T Defeats Trump Admin. Attempt to Kill Time Warner Deal
- Is the Race to Zero Over?
- 10 Wednesday AM Reads
- No Detente in Fee Wars
- Musk Riles the SEC Again: Here's what could happen next