The Children’s Crusade
‘We are reconfiguring the societal order to reallocate assets towards a justice-based economic model that ensures equity and prioritizes sustainability!’
Stock Market
Buybacks and Dividends Compared
Stock buybacks aren’t repeatable, consistent, growing returns of cash to shareholders.
Senator Perdue’s Stock Trades
Aaron Brown finds no evidence of scandal in Senator Perdue's stock trades.
Scarce Water Finally Receives Its Due, Namely a Price
The world’s first water futures contracts begin trading on the Chicago Mercantile Exchange.
NASDAQ against Shareholder Rights
If shareholders’ rights are to be eroded on political grounds, then the decision to erode those rights should be taken by a democratically elected body.
The New York Times Sells Envy
Envy and ingratitude sell, so Farhad Manjoo gets to misrepresent data, twist facts, and sow resentment in the paper of record.
The Capital Letter: Week of November 2
Buying on a Biden landslide and buying on gridlock too, the free market’s boardroom foes, and much more.
Dow Futures Up More Than 300 Points As Nation Waits for Election Results
The Dow closed on Wednesday with a 1.3 percent gain of 367.63 points.
The Capital Note: Stocks Record Biggest Post-Election Gain Ever
On the menu today: contested elections, now and then.
The Capital Note: Blue Waving (or Drowning?)
On the menu today: Stocks, ultra-low rates and rising risks, fleeing to Uruguay, vaccine-vulnerable stocks, the value of “green jobs,” ghosts and more.