This week, I speak with with Lisa Shalett, Chief Investment Officer and head of Global Investment Office for Morgan Stanley Wealth Management. Previously, she was CEO and chairman at Sanford Bernstein, CIO at Merrill Lynch Asset Management, and now CIO at both Morgan Stanley Wealth Management and runs their asset allocation models and their outsourced chief investment officer models. We discuss the philosophy of managing billions of dollars in assets and wealth management today. Her current reading is […]
My end-of-week morning train WFH reads: • America Has Never Been Wealthier. Here’s Why It Doesn’t Feel That Way. A surge in U.S. wealth has been driven by stock and home values. But the gains are concentrated at the top, leaving others in a sour economic mood. (New York Times) • Economic Tailwinds and Headwinds: The US economy is resistant to policy mistakes, and I’m still not currently on recession watch. However, I’m not sanguine. (Calculated Risk) • […]
I believe police officers’ actions will never change until they are held personally accountable. Lawsuits, settlements, judgements don’t require the individual cop to pay a price. I believe any judgement or settlement should always require the officer to pay 10% out of pocket. Depending on the circumstances, loss of their law enforcement certification. submitted by /u/Mysterious_Truck_742 [link] [comments]
Israeli leaders constantly refer to the Palestinian people as being “Amalekites.” But their Jewish supremacy goes even further than that. Benjamin Netanyahu and his fellow Zionists constantly refer to the Palestinian people (the “Amalekites”) as “animals” and “subhuman” that can be mercilessly tortured and killed with moral and civil impunity. The Amalekites during the days of Moses were the descendants of Esau, the son of Isaac and brother of Jacob—so they were biologically the nephews and nieces of […]
Pro-Israel lobbies and organizations got what they paid for in 2024. Hundreds of millions of dollars of pro-Zionist donations to the Trump campaign and Trump-aligned PACs helped elect Trump, and every important appointment, and some less important ones are vocal Israel-firsters. Pre-existing massive military and other aid from the US taxpayer to Israel has been expanded under Trump. Avid Zionists lead the State Department, the Pentagon, and direct national intelligence. Zionist Steve Witkoff serves as the President’s envoy […]
Many things about the Trump administration’s new global tariffs make little sense. Those tariffs are a huge tax increase on American consumers and businesses—one that will raise taxes by $1.8 trillion and lower incomes by over 2 percent, according to the Tax Foundation’s analysis. The White House seems to have used some fuzzy math in calculating those tariff rates. Trump is also, somehow, putting tariffs on countries inhabited solely by penguins—which has, in fairness, spurred robust growth in the […]
O presidente Luiz Inácio Lula da Silva promoveu mudanças em sua equipe no Palácio do Planalto. Valdomiro Luis de Sousa, que ocupava o cargo de chefe de gabinete adjunto no Gabinete Pessoal da Presidência da República, foi rebaixado para assessor especial. Na nova função, receberá R$ 14,8 mil por mês, abaixo dos R$ 22,7 mil estabelecidos para a antiga função. + Leia mais notícias de Política em Oeste Essa mudança ocorreu dois meses depois de uma visita de […]