When ‘Cheap’ Money Won’t Be, What Then?
On the menu today: the dangerous illusion of cheap money, cutting dividends is not the answer, home prices and inflation, and more.
The Capital Note
The End of Bezos’s Amazon
On the menu today: Robinhood files to go public, Bezos prepares to step down as Amazon CEO, and a public-relations firm with ties to the Clinton family unravels.
About Home Prices . . .
On the menu today: home prices, Starlink, Arizona’s flatter taxes, and antitrust.
Facebook Lands a Major Court Victory
A discussion on how Facebook beat regulators in court, House Republicans released a tech-regulation framework, commodities traders are cashing out, and more.
The Infrastructure ‘Deal’ — A Lesson in Salami Tactics
On the menu today: infrastructure, food inflation, pension plans and low yield, a little local difficulty for electric vehicles, and shrinkflation.
Fannie Mae, Freddie Mac, and John McAfee
On the menu today: the Supreme Court rules against shareholders of Fannie Mae and Freddie Mac, investors anticipate a capital-gains hike, and more.
The Housing Crunch
On the menu today: housing, stonks, nukes, doing business in China, and the memefication of markets.
China Clobbers Crypto
On the menu today: the EU goes after Google, China clobbers crypto, and the hurdles to Bitcoin as digital gold.
Tax Leaks, the ‘Public Interest,’ and the Abuse of Power
On the menu today: weaponizing tax leaks, Olympic sponsorship (and its problems), the advertising that dreams are made of, Babe Ruth slices, and more.
A More Hawkish Federal Reserve — and Federal Trade Commission
On the menu today: the Fed’s surprising hawkishness, the FTC’s new trustbuster, the anti-Amazon industry, and more.