This is pretty amazing: “American farmers are reeling after extreme rains followed by a “bomb cyclone”— an explosive storm that brought high winds and severe blizzard conditions — ravaged the heartland, turning once productive fields into lakes, killing livestock and destroying grain stores. The barrage of wet weather across...
Where Premiums for employer insurance is more than 10% of incomes. Source: Axios     Yesterday I mentioned the 10 most competitive global economies. Today, I want to reference an issue with giant implications for the economy, and specific companies within the stock market: the coasts of health care across the US. Consider...
Source: World Economic Forum     The annual Global Competitiveness Report has been released, and its chock full of great data and analysis: “Ten years on from the global financial crisis, the world economy remains locked in a cycle of low or flat productivity growth despite the injection of more than $10...
My back-to-work, Rudy-free morning train reads: • Is the World Economy Sliding Into First Recession Since 2009? (Bloomberg)• Marijuana Madness Turns Into a Cannabis Crash (Wall Street Journal)• When EBITDA Is Just BS (Institutional Investor)• What Happens When a Vacuum Company Tries to Make an Electric Car (Businessweek)• How...
Out of the destruction of the Post-World War economies, began the rise of the economists. Beginning in the United States, then going global, economists created new ideas about deficits, monetary and fiscal policy, that slowly gained traction. By the late 20th century, the influence of economists impacted every...
Dave Nadig, managing director of ETF.com, stops by The Compound to discuss how fee-free trading is changing the investment landscape with Ritholtz Wealth Management Chairman and CIO, Barry Ritholtz.     EVERYTHING’S FREE: The Impact of Zero-fee Trading     You can subscribe to The Compound here.     See also: Brokers Profit From You Even If They...
Check the financial pages. Entertainment CEOs make as much as anybody ruling the Fortune 500, even though their companies are oftentimes worth less and generate less cash flow. There’s a self-importance factor in Hollywood…these gents, and they are mostly men,...
My easy like Sunday morning reads: • I’m an Ape, and I’m Also a Fish (Wired)• Trump wants China to help him win. China wants nothing to do with him. (Washington Post)• Record debt and inequality gap? It’s almost like 40...
The weekend is here! Pour yourself a mug of Danish Blend Porto Rico coffee, grab a seat by the fire, and get ready for our longer form weekend reads: • Is Amazon Unstoppable? (New Yorker) see also Jeff Bezos’s Master Plan (The Atlantic)• How Charles Schwab Took His Eponymous...
Our guest this week is Binyamin Appelbaum, the lead business and economics writer for the New York Times’ Editorial Board. He was part of a team at the Charlotte Observer in 2007 discussing the high rate of housing foreclosures and questionable sales practices during the subprime mortgage crisis...