Remove Manufacturing Remove Math Remove Taxes
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Transcript: Stephanie Kelton on US Fiscal Policy and the ‘Deficit Myth’

The Big Picture

You sit in a room all day doing tax returns or something, it’s just not, you know, that it seemed antisocial. Wasn’t the Excel spreadsheet error, which changed their math. A massive buildup in military, you know, couple of huge tax cuts deficits were increasing, the debt was increasing very rapidly. I mean Yep.

Economy 144
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Transcript: Bill Bernstein on Navigating Uncertainty

The Big Picture

Yeah, you have to, you know, the conceit of finance is that basically the math is all there is to it. So you mentioned half math, half Shakespeare. Let’s talk about the math side. Ivanka said, oh no, you don’t have to be able to do math to do real estate 00:20:13 [Speaker Changed] Or investing for that math.

Math 130
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Market Commentary: Markets Perk Up but Macro Outlook Still Messy

Carson Wealth

The math is just Earnings * (Price / Earnings) = Price, since the Earnings parts cancel. There’s no decoupling from China, no reshoring of manufacturing, no “External Revenue Service” replacing the IRS, no “Mar-a-Lago” accords (with US debt held by foreign companies restructured to much longer duration).

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Sunday links: the arc of markets

Abnormal Returns

on.ft.com) What it took to rebuild Notre Dame (nytimes.com) Budgeting The math on any additional tax cuts is tough. slowboring.com) Defense IS manufacturing. (press.airstreet.com) Will AI eat the browser? crazystupidtech.com) Notre Dame How France came together to rebuild Notre Dame. noahpinion.blog) Economy How CPI works.

Marketing 147
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10 Friday AM Reads

The Big Picture

Wall Street Journal ) • Comeback in Factory Jobs Appears to Be for Real : After decades of employment declines, manufacturing is looking like a growth sector — if it can find enough young people willing to work in it. Businessweek ) • The Super Bowl’s Most Reliable Stock Market Indicator? technology into its search engine. (

Math 167
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Three Things – Weekend Reading

Discipline Funds

CR: Tariffs are taxes. Anon: But tariffs can replace the income tax. from the income tax and the US imports $3T of goods. We’d have to tax ~85% of imports to cover that, but that would also reduce imports so it’s unrealistic and the basic math doesn’t come close to working. CR: The govt makes $2.5T

Taxes 102
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Weekly Market Insights – January 8, 2024

Cornerstone Financial Advisory

1,2 All About The Fed On Wednesday, manufacturing news came in better than expected, lifting markets until the December Federal Open Market Committee meeting minutes were released, revealing that the Fed members had discussed rate cuts for 2024 but in no specific terms. . Missing signatures can delay your return.