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WSJ - Soaring Student Debt Opens Door to Relief Scams - Jean Eaglesham, Michael Tobin, and Coulter Jones 8/26/19 Student debt is soaring—it is now nearly $1.5 trillion—and defaults are at a record. That has been fertile ground for companies that promise to help stretched borrowers by
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Worthy Insights / Opinion Pieces / Advice Bloomberg Businessweek - Could Ocean's 8 Actually Work? - James Tarmy 6/5 * "Why stealing giant diamonds is a terrible, no good, very bad idea." Bloomberg Businessweek - Tears 'R' Us: The World's Biggest Toy Store Didn't Have
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If you were only to read one thing… WSJ - The Tragedy of Venezuela - Anatoly Kurmanaev 5/24 * "Last weekend, Venezuela’s President Nicolás Maduro dragged his Socialist government into a third decade in power by winning elections that were boycotted by the opposition, ignored by most of his countrymen
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Markets / Economy Bloomberg - Walmart's Margins Hit Record Low as Fight With Amazon Takes Toll - Matthew Boyle 2/20 WSJ - Daily Shot: FAANG Basket vs S&P 500 - Relative Performance 2/20 WSJ - Daily Shot: Consumer Staples SPDR ETF vs S&P 500 - Relative Performance 2/20
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Perspective Economist - When the prices are too damn high - Daily Chart 2/5 WSJ - Hard Lessons From the Federal Student-Loan Program's Coming $36 Billion Shortfall - Josh Mitchell 2/4 * "U.S. officials have long maintained the federal government would make a profit on its $1.4
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Perspective Visual Capitalist: Overflow Data - The U.S. States With the Most Million Dollar Homes - Jeff Desjardins 12/14 Worthy Insights / Opinion Pieces / Advice Economist - The choice that could save South Africa, or wreck it - Leaders 12/9 NYT - Trump's Lies vs. Obama's - David Leonhardt, Ian
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If you were only to read one thing… Bloomberg - America's 'Retail Apocalypse' Is Really Just Beginning - Matt Townsend, Jenny Surane, Emma Orr, and Christopher Cannon 11/8 * "The so-called retail apocalypse has become so ingrained in the U.S. that it now has the
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Worthy Insights / Opinion Pieces / Advice FT - When it comes to investing, human stupidity beats AI - Miles Johnson 4/10 * "Since their inception, financial markets have been driven by greed and fear. No matter how advanced technology becomes, human nature isn't changing. Or as billionaire Carl Icahn has
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If you were to read only one thing… The US college debt bubble is becoming dangerous. Rana Foroohar. Financial Times. 9 Apr. 2017. "Rapid run-ups in debt are the single biggest predictor of market trouble. So it is worth noting that over the past 10 years the amount