Washington, Beijing, and Brussels are all moving toward state-managed commerce and geopolitical trade blocs. The recent US-China summit... Read More
Teresa Ghilarducci challenges the assumptions about rich and poor people that underlie opposition to wealth taxes. Read More
They cost each American household roughly $1,000 in 2025, with more coming in 2026. Read More
Failing to follow ERISA plan rules can invalidate beneficiary changes. Learn from a divorce case where a fax request left an ex-spouse... Read More
The prospectus shows just how much the IPO depends on expectations for future growth and investor servility to Musk — as opposed to the... Read More
SpaceX is in the business of rockets — how often they fly and what they do. The rest is imagination. The SpaceX IPO is a masterpiece of... Read More
Converting money from a traditional IRA or 401(k) into a Roth IRA means paying taxes up front in exchange for tax-free withdrawals later. And... Read More
I remember the first time I logged into my retirement account as a young professional. It felt like a milestone: proof that I had entered the... Read More
When Kevin Warsh was nominated in January to be Federal Reserve chair, the monetary policy debate was over how quickly to lower interest... Read More
Steve Rattner breaks down how America’s weakening job market is hitting one of Trump’s voting blocs the hardest: male blue-collar workers. Read More
The most interest-rate-sensitive sector of the American economy is flashing a cautiously bullish signal. That is precisely why the last thing... Read More
Do you remember the legislation that put incredibly affordable supercomputers in our pockets, or the federal decree that made Artificial... Read More
Last week, the University of Michigan reported its long-running (since 1952) Consumer Sentiment Index hit a record low in May, undercutting... Read More
The AI boom is surging. But rising energy costs, layoffs, and backlash could trigger regulation and end the rally sooner than expected. Read More
This is a classic Newsom head fake. He makes the claim that he is leaving California with a balanced budget, and goes on a media victory lap. Read More
In my work as an expert witness in fiduciary and securities matters, I have watched the same pattern repeat across dozens of board rooms: A... Read More
Bubbles are only dangerous if improperly managed. Read More
No one thought that the owner of a small Atlanta-based billboard company’s purchase of a small UHF television station would change... Read More
When I was in college in the 2010s, some of my classmates would go to the dining hall, take their meals to their dorm rooms, eat and then... Read More
Artificial intelligence is becoming a bigger part of everyday life. We see it in banking, healthcare, customer service, and now even taxes.... Read More
State actors use dark web identity markets, shell companies and domestic facilitators to penetrate American financial systems and evade... Read More
As the store withdraws from the South Side, Alderman William Hall refuses to address the obvious problem: unchecked retail theft. Read More
If your business leaders are smart enough, massive government stupidity could be quite livable. Read More
No one thought the Apple store would succeed...except Steve Jobs. Read More
Investing in gold has risks, but it can be a solid diversifier and a refuge in volatile or inflationary times. Read More
What happens after three bumper years of stock returns? Read More
“There’s an old saying that, on Wall Street, there are no bad ideas, only good ideas taken too far.” Read More
Why the best tax on the wealthy is one they barely notice. Read More
The US stock market once again appears to be characterized by irrational exuberance. Read More
The outlook for the quarterly dividends of the S&P 500 has substantially improved in the month since our previous snapshot? Read More
The 10‑year real US Treasury yield is hovering near a 20‑year high, with the 5‑year not far behind. Read More
Index funds are widely considered passive, but if we look closer, we will find a surprising twist. Read More
The growth category, specifically technology and AI stocks, is no longer providing an excess margin of safety. Read More
New business formation in the US is on the rise. Read More
Inflation is hot no matter how you slice it Read More
The Treasury market has already decided that tighter monetary policy is necessary. Read More

The vibrant U.S. capital markets are the envy of the world. U.S. stock exchanges alone hit $69 trillion in early 2026. But stocks are not the only game in town. In addition to public companies, alternative investments like private equity and venture capital are also booming as capital markets bring together investors and entrepreneurs in the most efficient manner: U.S. private funds are managing o... Read More
Ronald Reagan’s (1911-2006) father lost his job on Christmas Eve. It’s a reminder of how different things used to be. Since life was so much more uncertain over 100 years ago for the average American, it’s no surprise that life was equally, if not more uncertain for those who employed people. Is it any wonder that fathers were so stern when Reagan was a child? A century ago a los... Read More