We're still on track for a good year but June and July were both down. Read More
AI will do more to elevate capitalism in the eyes of the young than any other advance. See Elon Musk to understand why. It turns out his... Read More
The fundamental flaw of socialism is a profound category error regarding human nature. It is an economic blueprint designed for a completely... Read More
Electricity demand is surging all over the world. To meet this demand, vast investments in power generation need to be made, and grids need... Read More
Affordability is a key issue in Washington, and taxes are a major factor. Americans pay more in taxes than they do for food, clothing,... Read More
If you're going to own them they need to be in a tax free or tax deferred account. Read More
When prices rise, the search for someone to blame usually begins immediately. During the pandemic, many politicians pointed to "corporate... Read More
Leopold Aschenbrenner, a former OpenAI researcher-turned-hedge fund manager, saw a dramatic decline this week in his AI-focused fund,... Read More
AI may live in the cloud, but the cloud still needs roads. Those roads are communications networks—and the airwaves they depend on may... Read More
Inside the 81-year-old billionaire’s risky, debt-fueled scramble to transform his data empire into an A.I. juggernaut. Read More
And saving lives. Read More
Antonin Bergeaud & Robin Rivaton explain why technological leadership depends as much on factories and power grids as on algorithms. Read More
A narrative of good vs. evil Read More
Prohibition won’t stop gambling’s social harms. But regulations aimed at transparency could protect individual rights to informed... Read More
Six more companies are set to join the federal government’s rapidly expanding corporate portfolio, bringing the total to 30 by our... Read More
Federal Reserve (Fed) Governor Chris Waller recently said that sternly staring at inflation until it melts before our withering gaze is not... Read More
Some thoughts on our new Porterhouse momentum strategy. Read More
The market is now providing information to the Fed instead of the Fed trying to manipulate the direction of rates. Read More
A study by the EU shows that life in Europe is better. Quelle surprise. Read More
Abdicating responsibility or fortifying the markets with anti-fragility serum? Read More
Or is it me? Read More
Despite the prospect of higher interest rates, REITs are having their best run in years. Read More
CDS spreads have started to widen out for names in AI, and the market is asking three fundamental questions: Read More
Cheap stocks have not performed well, but the core idea is still sound. Read More
Asset location can enhance the effectiveness of your allocation by strategically placing assets across account types to improve after-tax... Read More
The most valuable lessons from a great investment database. Read More

A day at the ballpark is a classic American story – a story of community, tradition, and pure joy. It’s a story written not just on the field, but by a vast, unseen network of infrastructure, commerce, and ingenuity that makes such a day possible. Take a day at Yankee Stadium – from buying tickets and booking flights to grabbing coffee, riding the subway, lighting the stadium, an... Read More
If you're going to own them they need to be in a tax free or tax deferred account.... Read More