Personal Finance

Letter to a Young Investor

Listen on: iTunes | Google Podcasts | Online Recently my firm was hiring a junior analyst – someone who’d work directly with me. In the past we’d post an advertisement and get hundreds of resumes and we’d have to dig through them trying to identify a candidate with the right pedigree and relevant experience.We have probably employed thirty interns over […]

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The Return of Protectionism

By Jeffrey A. TuckerSUNDAY, MAY 26, 2019 “In the last few weeks,” writes Tyler Cowen, “I’ve seen a lot of evidence that a new political era truly is upon us.” Specifically, he refers to the stunning upsets against left social democrats around the world, along with the rise of what is being called the New Right. The New […]

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Technology

How new tech can help feed the world and grow the economy

BY ADAM GREENBERG, OPINION CONTRIBUTOR — 05/27/19 03:00 PM EDT Most people believe that tariffs and subsidies are anathema in the world of global commerce. I don’t think either will be critical to the agricultural community 10 years from now. The push for farm subsidies is already moving in the direction of innovation in agriculture as opposed to […]

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Chicago’s Hemorrhaging Housing Market

In early 2012, Chicago mayor Rahm Emanuel warned residents and local politicians that, unless the city, along with the state of Illinois, started tackling its deep pension problems, “You won’t recruit a business, you won’t recruit a family to live here.” Seven years later, as Emanuel exits office, it’s becoming clearer what he meant. Continue […]

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Currencies

Dollar Rallies Overnight In Asia

On the whole, global equities have advanced in the overnight session along with U.S equity futures as investors and traders return from a U.S and a U.K bank holiday. The ‘big’ DX has found some traction with U.S Treasuries, while crude oil trades mixed along with gold. Tit for Tatt There has been no progress in global trade talks […]

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Monetary Policy Is Too Tight.

The escalating trade war seems to be sharply depressing the Wicksellian equilibrium interest rate. Here are some recent headlines, from Bloomberg: The 5-year bond yield is down to 2.10%, a pretty clear indication that significantly lower interest rates lie ahead. Trump may or may not have been right that lower interest rates were called for […]

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