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IMF Report: Trump Trade War Will Hurt Both U.S. and Global Economies

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Since his second term began, President Donald Trump has imposed double-digit tariffs on nearly every nation, sending markets into turmoil. Trump said it was necessary, posting in all caps on Truth Social, “Will there be some pain? Yes, maybe (and maybe not!).” But “it will all be worth the price that must be paid.” In a new report this week, the International Monetary Fund (IMF) found Trump’s trade war would negatively affect both the U.S. and global economies. […]

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After Hours (S07 E13): How *Not* to Invest

After Hours (S07 E13): How *Not* to Invest

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     In their latest episode of the VALUE: After Hours Podcast, Tobias Carlisle, Jake Taylor, and Barry Ritholz discuss: Barry Ritholtz: From Blogfather to Podcast Pro How Not to Invest: The Making of Barry’s New Book The Belfer Family Tragedy: Enron, Madoff, FTX The Real Cost of Bernie Madoff: It Wasn’t the Money Billion-Dollar Advisors, Underperforming Portfolios Fiduciary Failures and the Problem with Finance Panic Selling, Risk Off, and Behavioral Finance High-Frequency Trading and The Vanguard […]

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Brickbat: Betraying Secrets

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Samantha Hill, a former Devon and Cornwall Police officer, received a 20-month suspended prison sentence after pleading guilty to 18 counts of misconduct for leaking sensitive information. Between January and November 2021, while working as a probationary officer, Hill shared confidential details with her friends and family, including information about a man’s suicide, photos of a victim’s injuries, and details of high-profile cases such as a shooting that left five people dead. The leaks were uncovered by the […]

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Crushing Capitalism: How Populist Policies are Threatening the American Dream

Crushing Capitalism: How Populist Policies are Threatening the American Dream

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Cato Institute Vice President and Director of the Center for Monetary and Financial Alternatives Norbert Michel has a new book out today titled Crushing Capitalism: How Populist Policies are Threatening the American Dream. lead , Have you heard the narrative that the American Dream is dying, and that only wealthy Americans have been successful for the past few decades? That supposedly, free trade, immigration, and unabated technology have resulted in an economy that no longer works for Americans? The problem […]

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Brickbat: Handholding on Homelessness

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U.S. District Court Judge David O. Carter sharply criticized Los Angeles city officials for mismanaging billions of dollars spent on homelessness, calling it a “slow train wreck” during a hearing with top leaders like Mayor Karen Bass and City Council President Marqueece Harris-Dawson. Carter pointed to a recent audit showing the city couldn’t track over $2 billion because the Los Angeles Homeless Services Agency failed to collect accurate data or hold contractors accountable, a problem consistently seen in […]

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With Proposed Glue Trap Ban, San Francisco Sides With the Pests

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The “abundance” discourse, sparked by Ezra Klein and Derek Thompson’s book of the same name, has directed a lot of attention to liberal America’s failure to build. Blue cities and blue states can’t deliver projects on time and on budget, which is dragging down economic growth and sending people fleeing to red states that can. As much truth as there is to that complaint, it ignores the other reason people hate progressive governance: the complete inability of politicians […]

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Some Revolutionary Links

Some Revolutionary Links

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Tweet The great historian Rick Atkinson recounts the day – 250 years ago today – on which the first shots of the American Revolution were fired. Four slices: It began just after dawn on April 19, 250 years ago, with an abrupt spatter of gunfire in rural Massachusetts that left eight Americans dead on Lexington Common a bucolic crossroads of 750 people and 400 cows. For the next eight years, an obscure squabble on the edge of the […]

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