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Despite all the chaos of their narrow House majority, Republicans have avoided disaster. This week, Speaker Mike Johnson surrendered a spending battle that Republicans had hardly even fought. The House will vote on legislation today to avert a government shutdown without demanding any significant …
An Atlanta-area grand jury returned an indictment Monday night after hearing from witnesses earlier in the day in the probe into whether former president Donald Trump and his associates broke the law when they sought to overturn Trump’s 2020 election loss in Georgia. Who has been indicted and the exact charges are not yet known. […]
In 2017, a paper by Hendrik Bessembinder produced what, to me, was (and still is) the most surprising investing factoid I’d ever read: the best-performing 4% percent of stocks explain the entire equity risk premium since 1926, as other stocks collectively earned no more than Treasury bills. And more than half of stocks delivered negative […]
This morning’s publication of Switzerland’s KOF Economic Barometer revealed an economic outlook that has dipped somewhat since last month’s reading. A combination of economic indicators is now portraying economic conditions slightly more pessimistically than before. The measure only fell by approximately 0.2 points from 1.00 to 0.80, a measure that still falls within…