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The stock market makes new all time highs every week and consumers remain as sad and pessimistic as they’ve ever been. Perfect. What more can you ask for as an investor with long exposure?
I think that bears repeating. *The average American* has the same chance of a long and healthy life as someone born in the most deprived part of England, a place with the highest rates of relationship breakdown and some of the highest rates of antidepressant prescribing.
🆕🚨 In a special guest episode of #TheTreppWirePodcast, Warren de Haan, of ACORE Capital joins the team to provide a market perspective from a private CRE lender. Tune in now and share your thoughts: hubs.ly/Q01JyYQ50
So I watched the @jonstewart @TheProblem episode on the stock market. Some good points, a few laughs, a fair amount of nonsense. Most importantly, a lot of misplaced, if justified, anger. A thread:
Was having a discussion about public perceptions of inflation. The reality is that people basically look at gas prices
You know that a society and a political system are not functioning well if the death of one Supreme Court justice makes all the difference and will change that society fundamentally. #RBG
Decades of manufactured panic over government debt ratios when these were the ratios that mattered.
Ratios of carbon (C) and oxygen (O) isotopes in foram shells hold critical climate information eg O-18 O-16 ratios reveal warmth of the surrounding water. Earth barreling toward 'Hothouse' state not seen in 50 million years, epic new climate record shows livescience.com/oldest-climate…
I spent today with a man whose mom saved the July 21, 1969 Chicago Daily News for the moon landing coverage. (Column coming tomorrow.) It also contained this op-ed. 50 years ago. Unbelievable.
The reduction in state support for higher education will prove to be one of the greatest policy failures of all time. Basically the states took a public good with huge externalities and turned it into a private good.
Status quo: "Reductions in state appropriations have resulted in higher tuition and fees, greater student loan debt, decreased resources for education and research, and fewer graduates and approved patent applications from public colleges and universities" bostonfed.org/-/media/Docume…
Keep fighting Emma! #TeamEmma 🙏🏼 Praying for a cure.
Girl fighting brain tumor receives more than 50,000 letters from dogs around the world. gma.abc/2BXUk3g
A buddy’s 7 yr old daughter has an inoperable tumor. Heartbreaking. Please share and appreciate your help! All donations go to the family. #TeamHoxie teamemma.itemorder.com/sale
Playbook for a flexible Fed, courtesy of Mishkin (2008). 6 month pause and then... federalreserve.gov/newsevents/spe…
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