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Partisanship and Political Animosity in 2016



Social Media and the Workplace

Workers turn to social media for a range of reasons while at work, with taking a mental break and connecting with friends and family being among the most...



Strong Gold Positions in Global Pension Funds

Why Gold, Why Now? by Frank Holmes During my most recent webcast a couple of weeks ago, I had the pleasure of being joined by the CEO of the World Gold Council (WGC), Aram Shishmanian. As expected of someone of his stature, Aram brought another level of...



‘Star Wars: The Force Awakens’: Why Rey Will Be a Skywalker

Spoilers ahead for Star Wars: The Force Awakens! Star Wars fans probably walked out of the theater from The Force Awakens with a couple of thoughts swirling in their heads. In addition to their general awe (or disappointment, as the case...



Stocks gain as UK vote approaches (1647360)

Most stock markets rose on Tuesday as the UK's referendum on whether to leave the European Union drew closer. The S&P 500 rose 0.3 percent, the STOXX Europe 600 rose 0.7 percent and the Nikkei 225 rose 1.3 percent but the Shanghai Composite...



The Middle Class Is Shrinking Because They Are Becoming Rich

I have made this point before, but Tyler Cowen has a great chart from a new study.  The explanation is here, but basically they have defined the bands based on some income break points corrected for family size and inflation over time. A reader...



Yellen, Semiannual Monetary Policy Report to the Congress

Testimony before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, Washington, District of...



Tesla just opened a pop-up shop inside a Nordstrom

If you thought the clothes at Nordstrom were expensive, just wait until see how much the electric cars are going for. SEE ALSO: BMW plans to turn old i3 EV batteries into home energy storage systems Tesla has been waging a war to sell cars outside the...



John Oliver's Brexit takedown won't air in the UK until after EU vote

As Britain gears up to vote in the EU referendum later this week, broadcasters are constantly working to ensure their coverage remains impartial. One such company is Sky, which has this week been forced to delay the latest instalment of John...



Marijuana Movies: The Top 10 Stoner Films



Apple May Soon Open Retail Stores in India

While the stores are not expected to have a large impact on the company’s market share in India, some analysts say the change could help Apple attract the top tier of India’s smartphone...



The Story on Retirement Income:It's Worse Than What You Read in the NYT

Steve Rattner had a column in the NYT warning that 401(k) accounts are proving to be an inadequate replacement for traditional defined benefit accounts. While the points he makes are exactly right (people lose too much money in fees, make bad investment...



LEAKED MEMO: CLINTON STAFF INSTRUCTIONS TO HELP SUPERPAC...

LEAKED MEMO: CLINTON STAFF INSTRUCTIONS TO HELP SUPERPAC...(Second column, 12th story, link)Related stories:BEAST: The Lawyers Who Could Take Down Hillary...Pressure increases for Special Prosecutor...WALL ST WARNS: CASH CUT OFF IF WARREN...



Europe worries vote could trigger stampede of exits...

Europe worries vote could trigger stampede of exits...(Third column, 6th story, link)Related stories:SOROS THREAT: BREXIT WILL BRING CRASH!Sees Russia emerging as global power... ...



Links for 06-21-16

Tl;dr and Modern Macroeconomics (Wonkish) - Paul Krugman I find myself annoyed with Michael Boskin - Brad DeLong Determining the natural rate of interest - Equitable Growth More on Brexit and the politicisation of truth - mainly macro Vote Remain:...



Global stocks rise as Brexit fears recede (1647030)

Stocks surged on Monday as concerns over the UK's exit from the European Union receded. The S&P 500 rose 0.6 percent, the STOXX Europe 600 surged 3.6 percent and the Nikkei 225 jumped 2.3 percent. The yield on the 10-year US Treasury note rose...



More older Americans are working than at any time since the turn of the century

More older Americans are working than at any time since the turn of the century. 18.8% of Americans aged 65 and up — about 9 million people — report being full-time or part-time employees, according to a new report by Pew Research...



Trump Campaign Wastes A Lot Of Paper Printing Articles About Trump

Donald Trump approaches the media like an angry schoolteacher picking worksheets apart. As you might expect, his campaign staffers search for "Donald J. Trump" on Google News every morning, writer Olivia Nuzzi reported in GQ Monday. And then...



Best Buy Selling Apple Watch At $49, But With A Catch

Apple is having trouble in selling the iPhone in China, which is no secret, but now the Cupertino-based firm is having a problem with U.S. buyers as well. Sales of the Apple Watch are not as good as expected expected, so to increase sales, Best Buy...



Apple Withholds Support For GOP Convention Because Of Donald Trump

Apple will not contribute funds or other resources for the Republican National Convention due to presumptive presidential nominee Donald Trump’s prejudiced remarks, Politico reported on Saturday. The decision by one of the United...



Tyler Says Never Ems

There are smart intellectuals out there think economics is all hogwash, and who resent economists continuing on while their concerns have not been adequately addressed. Similarly, people in philosophy of religion and philosophy of mind resent...



FAILED TO TURN OVER KEY EMAIL TO STATE DEPT...

FAILED TO TURN OVER KEY EMAIL TO STATE DEPT...(Second column, 2nd story, link)Related stories:AP: CLINTON CALENDAR HIDES 75 MEETINGS WITH DONORS...PRUDEN: The Bad Moon Rising...Author: Hillary's demoralizing behavior drove secret service agents to...



Links for 06-19-16

Is Our Economists Learning? - Paul Krugman Power without accountability in our tabloid press - mainly macro The pound and the macroeconomic effects of Brexit - Vox EU Is the BEA is Predicting a Massive Downward Revision in GDP? -...



Stocks mixed but down for week (1646436)

Stocks ended a rocky week on a mixed note on Friday. The S&P 500 fell 0.3 percent to end the week down 1.2 percent. The STOXX Europe 600 jumped 1.4 percent but still finished the week down 2.1 percent. The Nikkei 225 rose 1.1 percent but ended the...



Word + LinkedIn? Sounds Great!

Randall Stross is not looking forward to the blessed union of LinkedIn and Microsoft Office. In particular, he's not happy with what he saw in a presentation explaining how the merger will benefit all of mankind: I’m not a Microsoft...



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LOSING LEBRON...

LOSING LEBRON...(Second column, 8th story, link) ...



Dow drops more than 600 points as Brexit raises risk of global recession

The risk of another global recession escalated Friday after Britain’s stunning decision to leave the European Union plunged financial markets into freefall and tested the strength of the safeguards put in place since the last downturn seven years...



George Soros: With Brexit, EU Now On The Verge Of Collapse

George Soros is back again with a dire warning – the Brexit could lead to the disintegration of the European Union. I noted in his earlier op-ed that Soros only focused on UK concerns with the EU and not with a EU break-up, but that it must...



If you care . ..

These are two best articles I've read on why Brexit occurred: "Brexit: A Very British Revolution". "As a historian, I can assure you this is the most tumultuous event of modern times, a people's revolt against...



NBA: Top 3 Teams Kevin Durant Could Play for in 2016

Ronald Martinez/Getty Images The 2015-16 NBA Playoffs may have just finished, but that doesn’t stop the long-running conversation about Oklahoma City Thunder star forward Kevin Durant’s pending free agency next summer. The 27-year-old will...



‘Game of Thrones’: Everything That’s Been Set Up for the Finale

It’s been one crazy season for Game of Thrones. Without the books to fall back on, it’s led to some intriguing plot developments, as well as momentum like we’ve never seen before in the show’s...



Muhammad Ali raises fists with a playful smile in last photoshoot

In the last few photos taken of boxing legend and civil rights icon Muhammad Ali, he dawns shades and puts up his fists.  The portraits, taken two months before the champ passed away on Friday, seem to show the same playful spirit that helped...



Facebook Adds Slideshow Feature to iOS App

Facebook Monday introduced a feature for users of its flagship iOS application, Slideshow, not to be confused with the ad unit of the same name that debuted last October. The social network said in an email to SocialTimes that the Slideshow feature...



Black Friday: Shocking Brexit Vote Result Causes The 9th Largest Stock Market Crash In U.S. History

Has the next Lehman Brothers moment arrived?  Late Thursday night we learned that the British people had voted to leave the European Union, and this could be the “trigger event” that unleashes great financial panic all over the...



Drop the Supersonic Aircraft Ban, Watch Business Boom

The technology is vastly improved since the Concorde was regulated out of...



Institutional Investors are Delusional

I was skimming this recent publication from BNY Mellon and FT remark when a particular graphic caught my eye.  Below is a survey from 400+ real money institutional respondents (we’re talking endowments, pension funds, insurance...



7 Craziest Film Productions of All Time

When it comes to film production, the classic adage of “Anything that can go wrong will go wrong” — better known as Murphy’s Law — is often the most crucial way to approach the project. That is because while most art forms...



The Consumer Is In Good Financial Shape

With the weak nonfarm payroll report on Friday, heightened concern arose about the pace of economic growth or lack thereof. Pundits and market indicators believe a Fed rate increase in June is off the table. A weak payroll report is an indicator of a...



FAILED TO TURN OVER KEY EMAIL TO STATE DEPT...

FAILED TO TURN OVER KEY EMAIL TO STATE DEPT...(Second column, 2nd story, link)Related stories:AP: CLINTON CALENDAR HIDES 75 MEETINGS WITH DONORS...PRUDEN: The Bad Moon Rising...Author: Hillary's demoralizing behavior drove secret service agents to...



Paul Krugman: Fear, Loathing and Brexit

Should Britain stay in the European Union?: Fear, Loathing and Brexit, by Paul Krugman, NY Times: There are still four and a half months to go before the presidential election. But there’s a vote next week that could matter as much for the...



Morning News: June 27, 2016

Bank Shares Slide as Brexit Turmoil Hits World Stocks Text of Statement by George Osborne, Chaneloor of Exchequer, on ‘Brexit’ Oil Trades Below $48 a Barrel as Brexit Spurs Market Volatility Auto Makers Shift Gears After ‘Brexit’...



Lone Star – A Superstar Distressed Mortgage Buyer

Lone Star is one of the largest purchasers of distressed mortgages from federal housing agencies and banks. Below is a previously undisclosed purchase agreement with JPMorgan Chase to sell a pool of 1,500 distressed mortgages to Lone Star for $355...



Strong Gold Positions in Global Pension Funds

Why Gold, Why Now? by Frank Holmes During my most recent webcast a couple of weeks ago, I had the pleasure of being joined by the CEO of the World Gold Council (WGC), Aram Shishmanian. As expected of someone of his stature, Aram brought another level of...



Eight-Member Court Leans Left Without Deadlocks...

Eight-Member Court Leans Left Without Deadlocks...(First column, 3rd story, link)Related stories:Supreme Court poised to issue major abortion ruling...Last Day Action... ...



The Sims FreePlay Receives Police Update on Mobile

EA Mobile launched the latest update for The Sims FreePlay, introducing a police station to the game, and the ability for Sims to become police officers. This update allows users to choose from two new career specializations—Metro...