Letting politicians pick corporate winners will make America poorer and ultimately less secure. Read More
A diplomatic strategy to end the war. Read More
JD Vance’s admiration for Huey Long reveals how readily today’s populist right embraces the high spending and economic control it once... Read More
Matthew Lucky reviews The Everywhere Millionaire: Who Is Really Rich in America and How They Got There by Owen Zidar and Eric Zwick. Read More
In his latest memo, Howard Marks discusses recent attempts to rein in long-dated government bond yields. Read More
Seldom before have the stars aligned themselves as well for gold’s longer-run price outlook as they have today. Read More
The question of Weiss’ future has been a constant source of speculation since David Ellison appointed the former opinion columnist to run... Read More
California’s attorney general rounded up the usual subsidies and turned a merger settlement into policy for movies, labor, and newsrooms. Read More
Most CEOs spend the weeks before an initial public offering pitching investors, strategizing with bankers, and putting the final touches on... Read More
This summer, French billionaire Bernard Arnault donated €50 million to create a mathematics research center. This is the same... Read More
Without the rich, non-profit organizations would be relatively scarce. The previous statement isn’t ideological as much as it’s... Read More
The IRS admitted its conservation easement tax assessments are flawed, creating a new office to address cases affecting 250,000 taxpayers... Read More
Hard on the heels of the emergence of any new technology come hoards of politicians, like so many moths to the flame of Prometheus, eager to... Read More
At a fundamental level, artificial intelligence leaders, evangelists and their allies want you to believe that their novel technology demands... Read More
The S&P 500’s latest trip back to near-record territory has been powered by a surprisingly small number of stocks. Read More
The Securities and Exchange Commission has just proposed to repeal Rule 14a-8 governing shareholder proposals. The new proposal would return... Read More
Once again, the Trump administration is trying to exert political control over federal research grants. And once again, lawmakers from both... Read More
Some 40 years ago the Wall Street Journal popularized a concept called the Hauser Curve. It’s the cousin of the Laffer Curve and... Read More
The U.S.-China trade truce, negotiated after a tumultuous back and forth that saw tariff rates climb as high as 145%, a ban on Chinese... Read More
Here's one of many. Read More
One of the eternal debates in the investment world is whether professional forecasters and investors are better at forecasting market and... Read More
What if there were a computer that could also produce solid waste? Read More
How many economists does it take.... Read More
Shoot the moon! Ten hypotheses, ten charts, and no payoff for native-born workers. Read More
Are wagering markets becoming a new retirement strategy for some young people? There is disturbing evidence that that answer is yes,... Read More
A recent report finds that health care now consumes almost one of every three dollars the federal government spends, with more to come. Read More
Hedge fund prophet Mark Spitznagel, the ultimate black swan investor, is feeling surprisingly bullish these days, expecting one last euphoric... Read More
This article looks at the dividend growth concept through the lens of Nvidia's recent hike, examining both performance and portfolio... Read More
The market has been quiet the last few weeks. This could be the start of a rally. Read More
The ADRs of these wide-moat companies are attractive buys today. Read More
After a decade of reaching for yield in a zero-rate world, investors no longer have to take outsized risk to generate income. Subscribe for... Read More
GameStop showed that being right on fundamentals may not be enough when retail flows alter the price path. Read More
There are two themes dominating our investor conversations: the impact of AI and the rise in interest rates. The two issues are linked as... Read More

Are wagering markets becoming a new retirement strategy for some young people? There is disturbing evidence that that answer is yes, especially amongst GenZers. ... Read More
The Securities and Exchange Commission has just proposed to repeal Rule 14a-8 governing shareholder proposals. The new proposal would return shareholder-proposal regulation to the states, whose laws govern those proposals in the first place. The legal diagnosis is correct. But the timing and state-law aftermath are a problem. It’s a case of shutting the barn door after the corporate horse ha... Read More