At the Money: Forecasting Recessions
At the Money: Forecasting Recessions with Claudia Sahm (January 31, 2024 ) Investors don’t like recessions. But how...
Nobody Knows Anything, Squid Game edition
Remember Squid Game? Written and directed by Hwang Dong-hyuk, “Squid Game” made its debut on Netflix on September 17, 2001. It...
Lessons of “Number Go Up”
Tyler Cowen and his colleague Alex Tabarrok write some interesting posts over at Marginal Revolution. Sometimes I agree with them,...
Retailers Lobby: “We Lied About Organized Theft”
No, “nearly half” of $94.5 billion in retail inventory losses in 2021 was not “attributable to organized retail crime.”...
Forecasting Recessions
The chart above shows that 84% of CEOs are forecasting a recession over the next 12 months, 69% of Consumers saying the...
“Clown Car”
By now you surely know the story: In 2019, Elon Musk unveiled the Tesla Cyber truck, making all sorts of amazing promises....
The “Art” of Market Timing
This weekend Jeff Sommer discussed a DFA research paper on market timing; both are well worth your time to read. The broad strokes...
Slowing U.S. Economy, State by State
We spend way too much time trying to predict the future (especially this time of year). Rather than engage in futility, let’s...
Is the ESG Craze Really Fading?
Most people don’t know that it is the editors, not the writers, who craft headlines. This should be common knowledge...
Antisemitism
The public is responsible. There’s this fiction that no one knew about the Holocaust, that concentration...