“The overall improvement in large-cap mutual fund YTD returns cannot be attributed to an increase in total fund active share versus their benchmarks.”
Day: May 28, 2017
Everything You Need To Know For The Week Ahead
Well, it’s Sunday which means normally, you’d be thinking about Monday, but this weekend you
Angela Merkel, Leader Of The Free World, Just Gave Up On America
And just like that, Donald Trump has managed to alienate the last line of defense for Western democracy.
“Political Immunity” And Markets
“Technical factors and central bank liquidity have allowed markets to suspend disbelief.”
Guest Post: Guess What? Not All Government Borrowing Is Bad
“Pundits constantly shout about the dangers of governments borrowing too much. They make all sorts of scary charts, and, uniformly, put all borrowing in the same pile. Debt is bad. It will be our downfall. Stop borrowing immediately. Yadadada.”
Trump Gets Off Plane, Locks Self In Room, Has Twitter Meltdown
Plaxico. Just, “Plaxico.”
Dear America: “Something Is Not Right!”
In the middle of one night
Miss Clavel turned on the light
And said, “Something is not right!â€
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