For this morning’s column, I want you to engage in a little thought experiment. Based on the e-mails readers have sent, many of you figure the Dec. 15-16 Federal Open Market Committee meeting is a no-brainer and that the central bank will raise its benchmark interest rate. Well, let’s put that thesis to the test. To do so,…Read More
@TBPInvictus here The AEI’s Mark Perry has taken his nonsense - his Lies About Geography and Minimum Wage Tour – on the road, changing venues from Seattle to Los Angeles. It’s more of the same purposely misleading, intellectually dishonest* dissembling about the minimum wage. Says Perry (emphasis mine): Earlier this year, the city of Los Angeles passed…Read More
Back from the holidays, 5 pounds heavier, right back in the swing of things with our morning train reads: • Would you let a mystic manage your investment portfolio? (Washington Post) • Another Banner Year for Hindsight Capital (Reformed Broker) • How A Fellow Investor Critiqued This Trader (Stock Charts) see also 10 Investment Commandments (Investing Caffeine) • Owning an asteroid now legal in…Read More
Category: Financial Press
Dr. David Eagleman journeys into the future and asks what’s next for the human brain, and for our species. He reveals that in the future our descendants may be so different to us that we will be strangers to them.
THE BRAIN WITH DAVID EAGLEMAN Who will we Be?
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My Sunday Washington Post Business Section column is out. This morning, we look at the annual forecasting foolishness so prevalent in the media. By now, you know the drill: A bunch of analysts make their annual predictions, and of course, they are utterly useless. Here’s an excerpt from the column: “It’s that time…Read More