Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media
Visit ritholtz.com → RSS feedOn Hacker News Jan 2010 – Apr 2019
Governments from around the world admit they carry out false flag terror: A major with the Nazi SS admitted at the Nuremberg trials that – under orders from the chief of the Gestapo – he and some other Nazi operatives faked attacks on their own people and resources which they blamed on the Poles, to…Read More
Buffett: “I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.” Video: Hat tip: My Investing Notebook
A Latte a Day Isn’t Going to Ruin Your Retirement If spending $5 a day on fancy coffee puts your retirement at risk, you’ve got bigger problems. Bloomberg, April 3, 2019 Sorry, but no. If a daily latte is the difference between achieving your financial success or suffering devastating failure, then there…Read More
Doomsayers Keep Getting It Wrong on Higher Minimum Wages In Seattle, unemployment has fallen and business has boomed since the city raised its pay floor. Bloomberg, October 21, 2016 In 2014, Seattle passed an ordinance to eventually raise the minimum wage in the city to $15 an hour, giving the Pacific Northwest…
The politicalization of the WSJ has moved to a new and more risky phase. The paper is now in danger of being a money loser — not for its investors (tho that has already happened), but for those traders who read its content. It used to be that articles on the Market or specific companies…Read More