The Big Picture

FEBRUARY 14, 2025

New York Magazine ) How Spain’s economy became the envy of Europe : The tourism industry’s post-COVID expansion is a major reason why the eurozone’s fourth-biggest economy has been easily outgrowing the likes of Germany, France, Italy, and the United Kingdom, posting an increase in GDP of 3.2%

Economy

Wealth Management

JULY 11, 2025

Related: Zephyrs Adjusted for Risk: Crypto as an Asset Class and Perspective on Crypto Investment Strategies While pro-cryptocurrency lawmakers could not add their digital asset language of choice to OBBBA, the attention and willingness to make favorable laws for those digital assets at the congressional level is higher than ever.

Estate Planning

The Big Picture

MARCH 2, 2025

New York Times Magazine ) How to Lose an Oscar in 10 Days : The star of the years most nominated film torpedoed her chance to win the trophyin audacious fashion. ( New York Times Magazine ) How to Lose an Oscar in 10 Days : The star of the years most nominated film torpedoed her chance to win the trophyin audacious fashion. (

Government

Steve Sanduski

JULY 1, 2025

Foreign Policy Magazine twice named him one of the world’s top 100 global thinkers. The globalization of the economy kept inflation low. The spending boom and then the retirement wave of the baby boomers kept the economy humming. For three decades, he reported on foreign affairs for The Atlantic.

Retirement

Wealth Management

JULY 18, 2025

By merging trusts, a trustee may achieve economies of scale in investments and administration. For an overview of the steps to take for a successful trust merger, see “Checklist for a Trust Merger,” pp. Why Merge Trusts? Maintaining multiple trusts for the same beneficiary can become inefficient and expensive over time. For example, a larg.

Fiduciary Duty

The Better Letter

JANUARY 10, 2025

The broader economy matters. After being dunked on mercilessly for a few hours on social media, the unabashedly socialist magazine removed the offending statistic and (sort of) issued a correction. We’ll see what 2030 and beyond bring. What can we learn from this exercise or, at least, be reminded of? Here are ten to start.

Numbers

Abnormal Returns

MAY 2, 2025

semafor.com) New York Magazine is now publishing one of its daily newsletters on Substack. wsj.com) Economy The April NFP report showed a rise of 177k jobs and a 4.2% (ft.com) Strategy Beware analysts espousing certainty. klementoninvesting.substack.com) Who are you listening to? niemanlab.org) RIP, your LinkedIn feed.

Transportation

Trade Brains

JULY 15, 2025

David Bailey, leading Nakamoto Holdings and CEO of Bitcoin Magazine’s parent company, championed the deal. It demonstrates how traditional firms rapidly enter the Bitcoin economy via capital markets. The capital arrived via a lightning-fast PIPE transaction. He called investor demand “extraordinary.”

Healthcare

Abnormal Returns

NOVEMBER 3, 2024

city-journal.org) Economy Consumer sentiment is finally catching up to economic reality. nytimes.com) RIP, the in-flight magazine. (econofact.org) How physical labor forces people into early retirement. crr.bc.edu) Why we can't have nice things: the abuse of 988 hotline counselors. npr.org) Has San Francisco turned the corner?

Financial Advising

The Better Letter

DECEMBER 18, 2024

The image above notwithstanding, People magazine would describe him as the only sex symbol of economics, “the dismal science.” economy, let’s call it a mess.” economy, let’s call it a mess.” “There’s no question what we should call the present state of the U.S.

Taxes

Wealth Management

JUNE 11, 2025

Women-owned businesses are a powerful engine in our economy. A recognized speaker on the topic of family wealth, she has been published in Trusts & Estates magazine, Private Wealth , The Washington Post , Forbes , Wealth Manager magazine, Fund Fire , Infovest , and other newspapers and periodicals.

Wealth Management

The Big Picture

SEPTEMBER 27, 2024

This week, we speak with Kyla Scanlon , creator, host of YouTube’s,“Let’s Appreciate” podcast , writer of daily short-form videos about economy + markets. She has been published at Bloomberg, New York Magazine, FT, and the NYT. Her new book “ In This Economy?:

Healthcare

The Big Picture

AUGUST 4, 2022

The weird contradictions rendering the US economy inexplicable : Thanks to the pandemic and how advanced economies responded to it, we’re in a very strange place indeed. The typical relationships between one signal from the economy and another have diverged in surprising ways. Quanta Magazine ). Bloomberg ). •

Economy

Abnormal Returns

MARCH 17, 2024

ft.com) Strategy Why you can ignore all the magazine cover commentary. bloomberg.com) Economy Consumer balance sheets are in good shape. Markets Market valuations aren't that helpful in the short term. tker.co) The U.S. yield curve has been inverted for a record amount of time. wsj.com) Marriage is a good deal, financially, in the U.S.

Financial Advising

The Big Picture

AUGUST 22, 2022

Geopolitics, the economy and unforeseen events will determine whether the relief will last. ( A society with murky goals whose selling point is superiority is not a healthy place to find it.” ( New York Magazine ). • New York Magazine ). Falling Oil Prices Defy Predictions. But What About the Next Chapter? New York Times ).

Food

The Big Picture

AUGUST 5, 2022

All of the confusion results from turning the economy off and back on again. Quanta Magazine ). Things are very weird right now. Contradictions abound. 2020 threw a wrench in everything. Everything. Irrelevant Investor ). • taxpayers millions of dollars ended up in China. . It could help us identify other worlds with life too.

License

The Big Picture

AUGUST 8, 2022

Corporate Stagflation Means Rising Sales With Flat Volumes It’s growth, but not healthy growth, and it doesn’t really help the economy. But people with patience and long horizons came out fine. ( New York Times ). Businessweek ). Mexico: A development puzzle The country should be a champion, but it’s spinning its wheels.

Economics

Wealth Management

JUNE 12, 2025

Economists at Harvard , of all places, generated a big splash in 2023 when it released an exhaustive study that examined whether the extremely rich students being accepted into these institutions had more impressive academic profiles than the teenagers who fly economy. The conclusion was – big surprise! – the system is rigged.

Wealth Management

The Big Picture

SEPTEMBER 20, 2024

Her first book “ In This Economy?: Scanlon became known for coining the phrase “Vibesession,” hosts YouTube, “Let’s Appreciate” podcast , daily short-form videos about economy and markets. She has been published at Bloomberg, New York Magazine, FT, NYT.

Economy

The Big Picture

OCTOBER 26, 2022

Investors cannot simply accept (or reject) something because it’s in a magazine or on television. This often prevents us from understanding the long term life cycles of the economy, markets and companies. Every piece of information needs to be evaluated on its own merits. The universe is dyanamic and ever changing.

Economy

The Big Picture

MAY 13, 2023

What if I told you there was a way to mitigate that, while creating new habitats and more life, growing the economy, and making money along the way? Stratospheric IQs are like leprechauns, unicorns, or mermaids. (

Commission

The Big Picture

JANUARY 1, 2024

economy will likely perform in 2024, and if there are surprises – like in 2020 with the pandemic – to adjust my thinking. Calculated Risk ) see also It’s okay to be optimistic about the economy next year : A recession didn’t come in 2023 and it might not in 2024, either. ( Stay invested. Here’s what we learned.

Economy

The Big Picture

MAY 1, 2023

The Federal Reserve is struggling to cool inflation further without damaging the economy. Quanta Magazine ) • Why More Americans Are Using Fake License Plates and Getting Away : With It The old system of traffic control is breaking down. My back-to-work morning train WFH reads: • The Fed Has No Good Options. The easy part is over.

Math

The Big Picture

OCTOBER 31, 2022

A downturn in the market doesn’t always precede a downturn in the economy. Quanta Magazine ). My back-to-work morning train WFH reads: • Is the Stock Market Gaslighting Us? Yes, the stock market is forward-looking, but sometimes it sees things that aren’t there. At its low, the S&P 500 was 25% below its high. Irrelevant Investor ).

Engineering

The Big Picture

JULY 13, 2023

My morning train reads: • Stocks Took an 18-Month Round Trip From Tech Bear to AI Bull : The same handful of megacap names that led the market down have been powering the latest surge. The Federal Reserve isn’t ready to declare victory yet, because inflation isn’t consistently falling yet. “This is worrying news for the planet.”

Portfolio Management

The Big Picture

MAY 16, 2023

These urban centers have become a class of their own — “superstar cities” — with outsized impact on the American economy fueled by the clustering of workers with degrees. ( PC Magazine ) • This New Airline Is Raising the Bar, From First Class to Economy : Starlux has officially begun flying in the US. Let’s hope we’re ready. (

Economy

The Big Picture

JUNE 1, 2023

New York Magazine ) • The Complete Guide to Haggling in This Economy : From cars to hotels to medical bills, the cost of things we purchase every day is more negotiable than you might think. It may have taken half a century, but the plan worked. ( He didn’t expect Washington to listen. ( Here are strategies for asking for a discount.

Food

Trade Brains

FEBRUARY 20, 2024

Best Stock Market Magazines : Investing in the stock market is quite an intimidating task. Magazines covering the Stock Market & other businesses do a good job of performing extensive research on stocks or sectors that they choose to cover. The Magazine also posts its brief on conversations with the market players and company CEOs.

Marketing

The Big Picture

FEBRUARY 3, 2024

Wired ) • If you want to know where the world economy is headed, look at the bottom of this toy car : We have a small collection of these cars, and occasionally I use them as a teaching tool. As the Mac enters its fifth decade, Apple says it will continue to evolve. She hired a band. (

Portfolio Management

The Big Picture

DECEMBER 3, 2022

This is how the cardboard economy works. ( New York Times Magazine ). • . • Where Does All the Cardboard Come From? I Had to Know : I Had to Know. Entire forests and enormous factories running 24/7 can barely keep up with demand. It’s mostly bunk. Slate ). •

Engineering

The Big Picture

JULY 8, 2023

Taylor Pearson ) • The $100 billion bet that a postindustrial US city can reinvent itself as a high-tech hub : Can a massive infusion of money for making computer chips transform the economy of Syracuse and show us how to rebuild the nation’s industrial base? ( Inside the multimillion-dollar feud. trillion dollar in client assets.

Retail

The Big Picture

NOVEMBER 26, 2023

New York Magazine ) • Facing Financial Ruin as Costs Soar for Elder Care : The United States has no coherent system for providing long-term care, leading many who are aging to struggle to stay independent or to rely on a patchwork of solutions. ( Feudalism for thee. They don’t have to be. (

Insurance

Abnormal Returns

NOVEMBER 17, 2022

cnn.com) The magazine cover indicator: the U.S. davidepstein.substack.com) Economy The Fed needs a new path forward. ritholtz.com) Initial jobless claims are showing a cooling economy. Markets The U.S. Treasury yield curve is firmly inverted. axios.com) Average mortgage rates dropped nearly 50bp last week. dollar edition.

Financial Advising

The Big Picture

FEBRUARY 10, 2024

economy is booming. New York Magazine ) • The 49ers Defy Modern Football. Books about Churchill stand alongside DC Comics encyclopaedias, the sea of family photos is dotted with islands of vintage Marvel memorabilia, and next to his computer a jar of Pepcid sits next to a jumbo bottle of sriracha. Financial Times ) • The U.S.

Advertising

The Big Picture

JANUARY 20, 2024

Chicago Magazine ) • Then and Now: Revisiting the Sopranos’ New Jersey 25 Years : Later On the anniversary of the show’s premiere, its creator and location manager reflect on some of its iconic settings and why they were chosen. ( But this year, I’d like to share it with all of you. (

Startup

The Big Picture

OCTOBER 12, 2023

Three years into a mass workplace experiment, we are beginning to understand more about how work from home is reshaping workers’ lives and the economy. ( New York Times ) • The economy has been strong. My morning train WFH reads: • Here’s What We Do and Don’t Know About the Effects of Remote Work.

Ethics

Abnormal Returns

APRIL 22, 2023

nbcnews.com) Hospitals are joining the gig economy. axios.com) Computer magazines used to be a big business. (nytimes.com) What are the risks to using weight loss drugs if you are trying to get pregnant? vox.com) Health Transportation matters for getting health care. statnews.com) A two-pack of Narcan is set to cost $50.

Transportation