What Early GDP Numbers Are Saying
An unprecedented collapse in international imports in the second quarter meant that US consumers were … well, still spending plenty of money importing things from foreign countries!
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finance
The Big, Beautiful Trade Deals That Aren’t.
Trump continues to tout the value of trade deals, even though we’re now paying billions more in tariffs– that we weren’t paying a year ago. It’s a sign of an increasingly chaotic environment of market information, and one that markets seem to be completely unfazed by. For now.
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The Precarity of the Frothy AI Market
News broke over the weekend that a Chinese-developed, open-source large language model AI product is delivering comparable results to ChatGPT’s
Read MoreShort Circuits: What’s Going On With GameStop Stock
GameStop stock blew up. Should you care? No, not really. But you shouldn’t buy it.
Read MoreBook Review: The Firm – The Story of McKinsey and Its Secret Influence on American Business (2014)
MCKINSEY. EVERY B-SCHOOL BRO KNOWS THE NAME. Many more Americans learned the name after facing the presidential prospects of a
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I’m Getting An MBA Because You People Are Wrong
A tweet about Kamala Harris highlights how woefully ignorant many people are about financial markets and how this harms us in the quest for formulating
meaningful policy, change, and discourse.
How Losers Still Get Paid: Why Bankruptcy Can’t Rein In Executive Compensation
IF YOU’RE ONE OF THE BILLIONS OF ONLOOKERS OBSERVING THE COLLAPSE OF THE GLOBAL ECONOMY, you might be wondering: what’s
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The Fed’s COVID19 Rate Cuts Can’t Stop What’s Coming
Corporate America had beaucoup problems before COVID19 hit the scene. Now, it’s just a matter of time before the corporate debt bubble bursts– with massive implications for the US economy and worker.
Read MoreDonald Trump vs. The Stock Market: Electability and the Coming Crash
The Donald Trump stock market seems to post daily records, which has implications for those vying for the White House. But the bull market is not immortal.
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Can We Fix Wall Street With Taxes?
I woke up to a particularly fun article from Business Insider. I had slept well. But I had a dream
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