Citigroup announced Thursday that it's placing new restrictions on gun sales by business partners as a way to do its part in preventing firearms “from getting into the wrong hands.” The company said it will prohibit corporate clients from selling bump stocks and high-capacity magazines, as well as ban them from selling guns to people under…
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Creditors have better memories than debtors. This elegant line was coined by Benjamin Franklin—political philosopher, prolific writer, humorist and American ambassador to France. Mr. Franklin also was one of... Read More
Here's a chart I find really interesting, it shows the annual pace of Capex growth across some of the key industries/sectors of the S&P500. The bottom line is that... Read More
International Monetary Fund chief Christine Lagarde said Monday that eurozone countries should set up a "rainy day fund" that could cushion members when they hit economic hard times. "For... Read More
Location, location, location. Rental markets are heating up all over the continent, but there are specific cities that are feeling the brunt of this phenomenon. Get The Timeless Reading eBook in... Read More
The Bible’s account of Joseph in Genesis (Chapters 37, 39-49) presents a story rich in lessons. One is an economics lesson. To wit: Speculation in markets can play a... Read More
Bernie is back. Yes, Bernie Sanders—the self-described socialist—has tossed his hat back into the race for president. Q4 hedge fund letters, conference, scoops etc rawpixel / Pixabay This time the senator from Vermont... Read More
Jacob Wohl might not have this level of patience right now, but I want to see his NFA audited track record over a five year period of time. Once this... Read More
Short then is the time which every man lives, and small the nook of the earth where he lives; and even this only continues by a succession of poor... Read More
Note from the President: Burton W. Folsom is more than just my favorite historian. He’s also one of my very best friends. So I admit to some personal bias... Read More
Recently, a passage from an economics textbook, Modern Principles of Economics, came to my attention. It was written by Tyler Cowen and Alex Tabarrok, professors at George Mason University... Read More
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