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investments they made. If anything, the companies that received the biggest tax cuts increased their capital investment by less, on average, than companies that got smaller cuts.” “FedEx’s financial filings…
“Never waste a good crisis” Louis Burge Listening to the meltdown on CNBC in my car yesterday…..dude comes on and actually said he was looking for companies to “kitchen sink…
newer financial services company reaffirmed its commitment to enter the prime brokerage business. Coinbase launched a prime brokerage offering in crypto for its institutional clients midway through the third quarter….
haven’t come close to being overwhelmed; Americans have adapted to new etiquettes of social distancing. Many of the worst Covid outbreaks outside New York (such as at Chicago’s Cook County…
we call AWS or Azure or the like … we’re using machine computing processes as an extension of our human computing processes. This is a classic anthropomorphic fallacy. Meaning that…
Blackrock can unilaterally decide to cut out coal companies then it seems logical that they can push for better actual governance. jb00212000 There was a man who wrote with great…
of Congress accountability instead of accepting it as self-evident. Not so circumspect at the CBS affiliate in American Airlines’s largest hub. About 19,000 American Airlines Employees Face Furlough Without Action…
chips (though that is complicated topic): https://cdn.thomasnet.com/insights-images/embedded-images/cee6c893-0775-4c73-9285-ae8fcfa395b7/8b8082d0-1138-4c30-9878-793951dcbfcc/FullHD/semiconductor-companies-global.jpgTop chip companies from 2012- 2020 by annual sales Those are real geopolitical concerns and they will drive the political narrative. As always, Rusty,…
topic having already decided the ‘beat’ toward which they must steer the story. Ideas, principles and conclusions they consider self-evident, powerful or provocative. Important. Instead of descriptions of what took…
events that did happen are always enticing. The Artist Of course, when it comes to any Paul rumor, you could always count on John to lob in an off-hand comment…
to convince themselves. The second something becomes existential, the second something becomes necessary, there is practically nothing a creature cannot justify. If the alternative is getting burned to a crisp,…
as the US-China trade war game of Chicken is the Story of the Week in markets. Not because you’re missing any crucial piece of information, but because the equilibrium outcome…
the city. If you don’t care about what it is that you actually did, a smart person can make a comfortable life in America by selling little more than confident…
to happen in financial markets. So equilibrium, which is the central case in economics, turns out to be an extreme case of negative feedback, a limiting case in my conceptual…
Forbes money, they will present your commercial advertisement exactly as if it were researched news. Not kinda sorta like researched news, but EXACTLY like researched news. It’s all just “content”…
around” or consuming “some great content.” You’re in complete control. Except you’re not. Your experience has been engineered to produce a particular outcome (a sale). There’s nothing wrong with sales…
growth and pulled away from current economic risk-taking. Financialization is the smiley-face perversion of Smith’s invisible hand and Schumpeter’s creative destruction. It is a profoundly repressive political equilibrium that masks…
linguistic references to Trump were almost completely divorced from the core content and narratives covering the debates. Climate Change. So far, the stories being told about the debate-side of the…
certain language is used to perpetuate and reinforce existing (typically oppressive) social power structures, and this is a form of coercion on par with physical violence. For brevity, I’m going…
section has been closed on the article “The conversation on this article is currently closed. WSJ limits the number of articles that are open to reader responses. For more information,…