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On Memorial Day, Who Is America's True Superhero

On such a 'patriotic' weekend, we thought it appropriate to consider who is the 'MVP' superhero of our time. Captain America? No. How about Ironman? No. What about Superman? Nope... The most valuable superhero of our time is a dark, deranged masked-human dressed in black... Batman. Source: Goldman Sachs

The Single Largest Misallocation of Capital in History

The global Central Banks, driven by their Keynesian lunacy, have induced the single largest misallocation of capital in history. Nowhere is this clearer than in the bond market today. Do the following sound normal? 1) Globally 45% of all Government bonds yield less than 1%. Show More Summary

Mike Napoli powers Boston Red Sox to 6-1 victory over Angels

Mike Napoli tormented his old team one more time on Sunday, blasting a two-run home run in the second inning and a two-run double in the eighth to lead the Boston Red Sox to a 6-1 victory over the Angels in Fenway Park.

Tax Return Preparers Rejoice: IRS To Refund All Exam Fees Paid Under Invalidated Program

In 1884, 31 U.S.C. §330 was added to the statute. Section 330 provides that the Secretary of the Treasury may: (1)  Regulate the practice of representatives of persons before the Department of the Treasury, and (2)  Before admitting a representative to practice, require that the representative demonstrate: good character; good reputation; necessary qualifications to enable [...]

Small Cap Volatility Hitting Historic Lows

Via Dana Lyons Tumblr, If it feels like the stock market hasn’t moved in a few days, you’re not imagining things. With the long weekend approaching, it seemed as though Wall Streeters (or their robots) packed up and departed for the mythological “Hamptons” days ago. Show More Summary

Should The Clinton 2016 Campaign Change Its Logo?

Clinton, or Clint-off... Source: Townhall via Sunday Funnies

Nash's Nobel prize

Our coverage on the award of the Nobel prize for economics to John Nash in 1994

What CEOs Can Learn From This Year's Version Of Lebron James

As an exceptional leader, LeBron is constantly reading his environment to determine what leadership style will work best. This changeableness, this ability to vary his game, has never been more evident than this year.

Here's your complete preview of this week's big economic events

It's a short week in America as everyone takes Monday off to celebrate Memorial Day and enjoy some barbecue with their friends and family. Surely, they'll also be talking about the economy. But what'll be the topic of discussion? Signs...Show More Summary

Game of Thrones' Biggest Problem Isn't The Boltons, It's Dorne

Last week, I opted to skip the debate that ensued after a particularly controversial sequence in which Ramsay Bolton not only rapes his new bride Sansa Stark on their wedding night, but makes Theon Greyjoy watch as he does so. The act set off an explosive chain reaction among fans, some [...]

Chevron CEO John Watson on oil prices, what makes America No. 1 in energy, and why he wants to keep his company in California

America's oil giants are unparalleled in their power, complexity, and centrality to the American standard of life. With 30-year time horizons and international ties that go back decades, they see the world differently than virtually any other entity, public or private. Show More Summary

SA to host defence manufacturers

State to promote shipbuilding industry to the world as navy's first air warfare destroyer sets sail.

Paul Craig Roberts: "Our Soldiers Died For The Profits Of The Bankers"

via Paul Craig Roberts, Memorial Day commemorates soldiers killed in war. We are told that the war dead died for us and our freedom. US Marine General Smedley Butler challenged this view. He said that our soldiers died for the profits of the bankers, Wall Street, Standard Oil, and the United Fruit Company. Show More Summary

"It's A Coup D'Etat," David Stockman Warns "Central Banks Are Out Of Control"

We're all about to be taken to the woodshed, warns David Stockman in this excellent interview. The huge wealth disparity is "not because of some flaw in capitalism, or Reagan tax cuts, or even the greed of Wall Street; the problem is...Show More Summary

The Atlantic: Why It Pays to Be a Jerk

The Atlantic, Why It Pays to Be a Jerk: New Research Confirms What They Say About Nice Guys: Smile at the customer. Bake cookies for your colleagues. Sing your subordinates’ praises. Share credit. Listen. Empathize. Don’t drive the last dollar out of a deal. Leave the last doughnut for someone...

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