All Trump Wants Is For Georgia To ‘Find’ Him 11,780 Votes. Is That Too Much To Ask?
Adjectives like “stunning” were commonplace on Sunday afternoon, when America discovered that Donald Trump instructed
Painful Dynamics (Tragedy Of The Excluded)
Late last month, in “Superfluous People And The Arraignment Of Capitalism,” I cited economist Anne
What To Expect From The First Week Of The Rest Of Our Lives
The first week of the new year promises no shortage of melodrama in the US,
Fire Jugglers
Remember: Nothing should surprise you anymore. With that in mind, the number of Republican senators
‘Something Crazy In The Air’ (Fried Egg)
Last month, Larry Summers fretted that “when you see the two extremes agreeing you can
Manual Override
In a stinging, albeit expected, rebuke, the Senate on Friday overruled Donald Trump’s attempt to
Unintended Consequences: US Housing Bubble Edition
Ostensibly, record-low mortgage rates help make homes more affordable, but surging prices have put homeownership
D-Lister Forces Delistings After Three Years Of Decoupling
Say goodbye to the US listings of China Mobile, China Unicom, and China Telecom. The
2020 Was An Especially Good Year To Be Rich
2020 was a good year to be rich. I mean, every year is a good
Many Marvels: The Year In Corporate Credit
One the many marvels of 2020 was the US corporate bond market, where borrowers were
‘Celebrating’ A Banner Year For Gold, Bitcoin
2020 was a triumphant year for gold bulls, both of the traditional and digital variety.
‘This Will Not Stand, Man’: Nine Months Later, Jobless Claims Stuck Near 800,000
787,000 Americans filed for unemployment benefits last week, fewer than expected, but still well more
And So Ends The Worst Year In Modern History
With many markets shut for New Year’s Eve, the world closed the book Thursday on
Banana Republicans
Headlines Wednesday centered around the distribution of $600 stimulus checks and direct deposits, which began
For Jack Ma, The Cost Of Insubordination Is $11 Billion (And Counting)
Poor Jack Ma. I mean, not really. Things can’t be all that bad if you’re
‘Superfluous People’ And The Arraignment Of Capitalism
“Nothing has defined the 2020 market more than the erosion in the value of human
Approvals, Surges, And Variants
More incremental vaccine news greeted markets Wednesday as AstraZeneca and the University of Oxford’s COVID-19
Adventures In Rage Kapitalism
The last decade stands as the final stage of the transformation of the American psyche,
Threats In Limbo
Another day in post-Christmas, pre-New Year limbo produced little in the way of excitement, although
Loeffler, Perdue ‘Delighted’ To Send You $2,000. Mitch McConnell, Not So Much
“$2,000 for our great people, not $600!,” Donald Trump shrieked into the Twittersphere on Tuesday,
No Way Out: Breaking The Cycle Of Asset Price Inflation May Be Impossible
I don’t claim to know much with absolute certainty, but one thing I’m almost sure
Everybody’s A Dollar Bear For 2021
The dollar looked poised to close out the year with a second consecutive monthly decline,
Onward And Upward?
Global equities hit new highs Tuesday as markets saw no reason to fade the steady
Wild And Dangerous
US equities hit records Monday, as bemused market participants pondered a convoluted situation in Washington,
Somebody Help Larry Summers. He’s Stuck In A Textbook
“Look, we need to help people,” Larry Summers said, in a kind of deliberate drawl
Bitcoin, The $28,000 Derivative Of Netizens’ Collective Imagination
I suppose I’d be remiss not to mention Bitcoin coming off a Christmas rally that
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