Poor Feed for the Golden Goose Most people understand basic economics, but not all the subtleties of its principles. Competition makes sense, unless someone says it’s unfair. Some politicians trying to lead America out of its muddle, which is to say the octogenarian “leadership,” is looking at higher taxes on rich folk. The bank robber Willie Sutton had several good quotes from the practical, to the sublime, to the aggressive:
Success in any endeavor requires single-minded attention to detail and total concentration. It is a rather pleasant experience to be alone in a bank at night. You can get more with a kind word and a gun than you can get with just a kind word.
But his actual best was, “Go where the mone...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
