I (Chris Reilly) have never been much of a crypto guy. Read More
California’s new AI audit rules improve competition but ignore the most critical requirement: proof of accurate financial outputs. Read More
The safety of artificial intelligence may be less a problem of ethics — teaching machines how to behave — than one of... Read More
There was a time when California built big things efficiently. Read More
City government is subsidizing independent food stores while big grocers flee crime-plagued neighborhoods. Read More
After years of fumbling around for an effective campaign message, Democrats seem to have finally found one in affordability. The idea... Read More
The Trump administration is considering a rule that would expand eligibility for the Child Care and Development Fund, according to a leak to... Read More
I know I've written about rates and bonds seemingly every week, but it's been necessary. Last week, the 10-year yield finally broke above 5%,... Read More
After more than three decades of economic gloom, Japan is back. This should be welcome news, but there is a downside that’s going to... Read More
Soaring government debt bodes well for your investment returns. This is true for both stocks and bonds. Your investments rate extra thought... Read More
The 2030s are crucial because, if present trends continue, the United States will begin running out of fiscal space by the end of the decade. Read More
On September 18th, President Trump signed a law designed to hurt Russia and Iran by making it harder for them to sell their oil and gas. By... Read More
Through August of this year, the inflation rate under Trump has averaged 3% versus 5% under Biden. The Iran war has added about 1.5% to the... Read More
While the President is combating the widespread opposition to data centers and shouting their benefits from the rooftops–or as close as... Read More
It’s hard to ignore the biggest challenge facing working families. Prices are ticking up at the grocery checkout at every visit. Gas... Read More
Antitrust suits aren’t supposed to be about politics, and yet that’s what’s happening of late. Read More
At a moment when America urgently needs more electricity, the federal government should be working to remove unnecessary barriers to new... Read More
If AI wins, who loses? Read More
Belief in oneself. Read More
The global trillionaire count returned to zero not long after SpaceX's IPO. Market fluctuations show the danger of imposing cash tax bills on... Read More
Protecting the great generator of wealth should be a priority for those who have benefited the most from free enterprise. Read More
I recently had an experience while doing a simple Google search that was so profoundly weird that it stopped me in my tracks. Read More
2026 is not 2022 Read More
Another infallible indicator bites the dust. Or does it? Read More
Much of the hatred directed at private equity is just a familiar form of opposition to free markets. Read More
The historic immigration surge that reshaped the U.S. population after the pandemic left a big imprint on the economy: boosting growth with... Read More
We judge risks based on how they make us feel. Read More
Nucor is fine with tariffs based on forced labor as long as it doesn't upset their supply chain. Read More
As rates have risen, dividend stocks have fallen. Read More
Should investors use one small-value fund or separate small-cap and value funds? New research finds a combined small/value strategy delivers... Read More
US manufacturing has fallen from approximately 28% of GDP in the 1950s to roughly 9% today. That is starting to reverse but it will take a... Read More
Financial market analysis and research publisher providing live stock market commentary and investor-focused insights. Read More
But the spending base is not. Read More

A new poll found that 44.9 percent of Florida residents would vote to pass Amendment 3, previously titled “Save Our Homes from Excessive Property Taxes,” in November, even as multiple municipalities across the state warn of deep cuts to critical services such as police, fire, and other emergency services. However, the tax reform initiative would exclude these expenditures and more, inc... Read More
While the President is combating the widespread opposition to data centers and shouting their benefits from the rooftops–or as close as he can get with Truth Social–he is also considering imposing tariffs on semiconductors, a vital component to data centers and every other technological gadget in our lives. Most Americans are well aware of the President’s proclivity for tariffs. ... Read More