• The U.S. Economy’s Prospects Looked Bright, Until the Delta Variant Surged GDP grew at a 6.5% annual rate in the second quarter, but slower growth is expected in coming months. (Wall Street Journal). see also Growth Is Strong, but the Obstacles to Full Recovery Are Big The...
  Lewis Hamilton is one of the fittest athletes on the planet. Today the Formula 1 race was in Budapest. That’s Hungary in case you didn’t know. Not that I could have pulled it out of my ass. And when they showed an aerial picture of the Danube running through...
     The transcript from this week’s, MiB: Charity Dean on Pandemic and Delta Variant, is below. You can stream and download our full conversation, including the podcast extras on iTunes, Spotify, Stitcher, Google, Bloomberg, and Acast. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ RITHOLTZ: ...
    It may be a simple question, but it is one that is quite difficult to calculate: The United States is a “Rule of Law” jurisdiction that places very high values on the sanctity of contracts, respect for private property, and (as a structure) a government of laws, not men....
My back to work morning train WFH reads: • Google and Facebook lead the way with Covid-19 vaccine mandates. Will corporate America follow? Tech companies continue to be at the forefront of how employers respond to the pandemic. (Vox) • Are Stratospheric Stock Valuations Here to Stay? The past 30 years...
Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • Delta Is Ruining the Summer, and It’s Anti-vaxxers’ Fault The vaccines promised freedom, but political opportunists have spoiled that. No single factor explains the stall-out, but foremost among the culprits are partisan polarization and political opportunism. (The...
     This week, we speak with Dr. Charity Dean, former asst. director of the California Department of Public Health in 2020. She is a lead character in Michael Lewis’ book The Premonition: A Pandemic Story; Lewis called her “one of the people who saw the real danger of the...
The weekend is here! Pour yourself a mug of Starbucks coffee, grab a seat on the beach, and get ready for our longer-form weekend reads: • The Tao of Snoop Dogg: “Companies that get down with me know how I get down.” Zooming from his compound in Los Angeles,...
My end of week morning train WFH reads: • 9 Questions For The Bull Market Bull markets are way more fun than bear markets but they can also warp your brain. Here are 9 questions I’m pondering at the moment in one of the great bull markets of my...
Many stocks performed at IPO, and a few eventually righted themselves — in particular Facebook (FB) and UBER. The issue with Robinhood (HOOD) is twofold: 1. Can they grow in a post-pandemic envirnoment? 2. Has its valuation as a large 8-year old private company become too rich for the public? The answer...