Markets & Finance

May 1, 2026

Read 'The Big Money Always Requires Faith' by Cole Smead, CFA, CEO & Portfolio Manager

Read 'The Big Money Always Requires Faith' by Cole Smead, CFA, CEO & Portfolio Manager

The gas businesses aren’t producing the outcomes investors hoped for because of how the commodity is priced. It doesn’t require faith.
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May 1, 2026

How the ‘Mega-Backdoor’ Roth Works

How the ‘Mega-Backdoor’ Roth Works

Baird Director of Advanced Planning Tim Steffen discusses what high-income heavy savers need to know about this maneuver.
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May 1, 2026

Unpredictability creates alpha: Stock picking

Unpredictability creates alpha: Stock picking

Regular readers of these missives know that I sometimes come across papers that are so full of important insights that I discuss them in several posts.
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May 1, 2026

Much Ado About The 1974 'Petrodollar' Deal

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May 1, 2026

Quantum Computing Moves Out Of The Lab

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May 1, 2026

The AI Boom Is Fueled By Imports and Free Trade

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May 1, 2026

The Best Energy Stocks to Buy

The Best Energy Stocks to Buy

These nine undervalued energy stocks look attractive today.
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May 1, 2026

Let's Talk About 'Sell In May'

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May 1, 2026

Have Trump's tariffs brought manufacturing jobs back to America? New study says no.

Have Trump's tariffs brought manufacturing jobs back to America? New study says no.

However, the tariffs did shift supply chains away from China and towards other countries with low-cost manufacturing, like Vietnam, Malaysia, and India.
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May 1, 2026

Time for Gavin Newsom to show leadership: End the high-speed rail disaster

Time for Gavin Newsom to show leadership: End the high-speed rail disaster

It is well past time to pull the plug on California’s high-speed rail project. A US Senate Transportation Committee revealed that the cost is now projected to be $231 billion — seven times the orig…
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May 1, 2026

Should the U.S. Be More Like China on Matter of Building?

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May 1, 2026

From Discord to Molotovs: The Dangers of AI Doom Rhetoric

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May 1, 2026

Why the U.S. Must Lead the Stablecoin Revolution

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May 1, 2026

Chicago’s “Disappearing Middle Class” Can Be Found in Its Proliferating Upper Middle-Class Neighborhoods | Scott Winship

Chicago’s “Disappearing Middle Class” Can Be Found in Its Proliferating Upper Middle-Class Neighborhoods | Scott Winship

The middle class has not been hollowed out; rather, the overall decline stems from the net movement of families upward into the upper-middle class.
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May 1, 2026

Jerome Go Home

Jerome Go Home

The man just won’t leave. Fed Chairman Jerome Powell announced that he’s going to remain on the Federal Reserve Board until 2028 even as he by law surrenders his chairmanship. The announcement came even after Trump agreed to drop his...
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May 1, 2026

Ask Europe, the State Race for Wealth Taxes Is Going to Fail

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May 1, 2026

Contrary to What They Say, Worst Year to Retire Wasn't 1929

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May 1, 2026

Should Chief Executives Take Public Position on Politics?

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May 1, 2026

Silicon Valley Is Bracing for a Permanent Underclass

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May 1, 2026

As Anthropic's Valuation Reaches $1T, Why's SBF Incarcerated?

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May 1, 2026

The Fed Is Setting Policy Off of Partisan Mood Ring

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May 1, 2026

Opinion | How Trump’s pressure tactics against Jerome Powell backfired

Opinion | How Trump’s pressure tactics against Jerome Powell backfired

The president’s authoritarian attempt to take control of interest rates blew up in his face.
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Apr 30, 2026

Sun Tzu’s Advice for Donald Trump

Sun Tzu’s Advice for Donald Trump

Stephen S. Roach highlights the ancient Chinese warrior-philosopher’s emphasis on the importance of strategy and reason.
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Apr 30, 2026

The marriage gap is America's most overlooked source of inequality

The marriage gap is America's most overlooked source of inequality

Every dollar of well-intentioned government assistance comes with a behavioral price tag that we've largely refused to count.
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Apr 30, 2026

Finally, Small Cap Stocks Are Outperforming

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Apr 30, 2026

Don’t Be Fooled by Hormuz—Global Oil Demand Isn’t Going Away

Don’t Be Fooled by Hormuz—Global Oil Demand Isn’t Going Away

Alternative-energy advocates see an opening, but reality points to more oil drilling, not less.
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Apr 30, 2026

Why The 60/40 Portfolio Is Still Crushing It

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Apr 30, 2026

GDP, Durable Goods Show Trump Economy Reindustrializing

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Apr 30, 2026

GDP, Durable Goods Show Trump Economy Reindustrializing

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Apr 30, 2026

What to Watch As New Fed Head Takes the Gavel

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