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The Wall Street Journal recently published the article “The Dying Business of Stock Picking,” but for Strategas’s Jason DeSena Trennert and Ryan Grabinski it was déjà vu all over again, harkening back to BusinessWeek famous 1979 cover story “The Death of Equities.” They write that the sheer volume of money going into passive investing is staggering, and may be sign of a bubble.
My two for Tuesday morning train reads: • The Biggest Money Mistakes We Make—Decade by Decade (Wall Street Journal) • The Art of Doing Nothing (awealthofcommonsense) see also How successful people work less—and get more done (Quartz)...Show More Summary
Speaking to the Wall Street Journal, Microsoft CEO Satya Nadella spoke of mixed reality and the HoloLens as the next big thing. “We clearly missed the mobile boom” he said. “Now we have to make sure we grow new categories.” He said “The ultimate computer for me is the mixed reality world. Your field of […]
LAGUNA BEACH, Calif. — Netflix's CEO says he is not against the massive AT&T-Time Warner deal so long as Netflix will be treated the same way as HBO. Speaking Monday at the Wall Street Journal's WSDLive conference, CEO Reed HastingsShow More Summary
Russia's been conducting country-wide nuclear drills, the Wall Street Journal reports. The largest of the exercises, practicing civilian evacuation and sheltering procedures, involved 40 million people, and some bomb shelters are even getting upgrades. But does Russia actually expect to start a nuclear war with the US? Commentators are largely...
As Obama's "recovery" rolls along, the Wall Street Journal points out that the delinquency rates of subprime credit cards has surged to the highest levels recorded since 2012. Moreover, per TransUnion data, delinquency rates on cards...Show More Summary
There is no "smoking gun" proof of an unethical quid pro quo arrangement in this Wall Street Journal report, but once again, voters are...
Donald Trump told Florida supporters not to believe the "dark polls' or phony polls being put out by the phony media like the Wall Street Journal and said, "We're winning this race." Donald continued to promote "the rigged system" conspiracy...Show More Summary
Trump campaign manager Kellyanne Conway was shut down Monday afternoon when she attempted to use a faulty Wall Street Journal story to promote another “scandal” involving Democratic presidential candidate Hillary Clinton. Appearing with MSNBC host Steve Kornacki, the Trump spokesperson...
Donald Trump and Republican supporters have been feasting on a Wall Street Journal story about campaign contributions that Virginia Gov. Terry McAuliffe authorized last year in a Northern Virginia state Senate race. McAuliffe, of course, is a confidant of the Clinton family. And the candidate his PAC showered $452,500 on, Jill McCabe of Loudoun County, […]
(October 24, 2016 11:06 AM, by Scott Sumner) This article in the Wall Street Journal left me scratching my head: The Fed, Not the Market, Is Stifling Growth That's the title, and I eagerly looked forward to an explanation, perhaps a criticism of the Fed rate increase last... (7 COMMENTS)
Someone at the Wall Street Journal noticed that Denver's transit agency has outspent other top transit agencies, after accounting for number of rides -- and by a huge margin. But the accompanying graphic conspires against the journalist. For one thing,...
WSJ asked and you answered: Lower fees are behind many investors’ switch to passive funds. Lisa Beilfuss, The Wall Street Journal. Getty Images Money managers see higher rates head, and ditch gold. Luzi-Ann Javier, Bloomberg. AT&T (T) is in the news for its plans to buy Time Warner (TWX), but it also raised its dividend. Amey Stone, Barrons.com. […]
Virginia Republicans are buzzing about a Wall Street Journal story that appears to put Gov. Terry McAuliffe (D) in the middle of the email scandal surrounding Democratic presidential nominee Hillary Clinton. The timing, the story line and the characters – all perfect. Exactly what a political party facing an Election Day rout could hope for. Their hopes […]
It's nearly two weeks since Samsung discontinued the Galaxy Note 7, and the company is yet to determine why several units caught fire. However, according to The Wall Street Journal, the hasty recall process initiated by Samsung following...Show More Summary
Today in the category of...oh, forget it. I don't have the heart for snark. It's just so goddamn tiresome. The Wall Street Journal headline on the right describes the latest pseudo-scandal in Hillaryland, and it's obviously intended to make you think there's yet more fishiness in the Clinton family. Show More Summary
Los Angeles is finally getting a Park Hyatt! The Wall Street Journal reports that Hyatt has reached a deal with Beijing-based Oceanwide Holdings to build a Park Hyatt in Oceanwide’s Los Angeles downtown project. The Oceanwide Plaza is...Show More Summary
You knew it was just a matter of time before some of the drama behind the death of the Galaxy Note 7 came to light, and what we're seeing isn't all that pretty. Wall Street Journal sources claim that Samsung's mobile chief DJ Koh thought...Show More Summary
Company's investigation is delaying development of the Galaxy S8, the Wall Street Journal reports.