Muse to Steve Bannon . . .
Wherein I return from a relaxing vacation to learn I am a muse to POTUS advisor Steve Bannon: Normally, coming back from vacation, it...
The Dumb Money? Not So Dumb . . .
Last week, Jason Trennert, chief investment strategist at Strategas Research Partners, noted on Bloomberg Daybreak how remarkable it was...
Dalio Interviewed by Blodget
Bridgewater’s Ray Dalio has been pushing back against the media portrayal of his firm; the latest is a skirmish caused by a recent...
Forecasting’s Problem is Philosophy, Not Track Record
The Philosophical Failings of Forecasting No one can foretell the future. But investors who think that they can tend to make predictable...
The Artists’s Job? Speaking Truth to Power.
The job of an artist is to speak truth to power. Where have all the artist gone? They’re hiding. Afraid of losing their living,...
Seinfeld’s 10 Rules For Success
H’s an American comedian, actor, director, writer, and producer, best known for portraying a semifictional version of himself in...
Are Markets Efficient?
Do market prices generally reflect all available information? Or are they prone to bubbles? On this episode of The Big Question, two...
The Counterfactual on QE
Why We’re Still Arguing Whether QE Worked It’s hard to know what works in economics. But policy experiments in the states...