Another Shutdown Cost: Skewed and Limited Private Data as Economic Hazard
Due to the shutdown, official economic data has slowed to a crawl. Policymakers, markets, and citizens are turning to private-sector numbers.
Read more...Category Archives: Investment management
Wall Street Journal Insults Reader Intelligence, Depicts Lenders as Addressing Loan Risks When That Horse Has Left the Barn and Is in the Next County
The Wall Street Journal does its readers no favors in its whole-hog adoption of the fraud spin in ‘splaining high profile loan losses.
Read more...Trump to Give CEOs Even More Power Versus Investors Via Ending Quarterly Reporting, Other Anti-Transparency Measures
Trump is again weakening America’s position to the benefit of the privileged few, here public company CEOs
Read more...‘Disaster in the Making’: Trump to Open 401(k)s to Crypto, Private Equity Vultures
“Stuffing private equity, crypto…. into 401(k)s is about propping up scams and bailing out an industry that’s run out of buyers”
Read more...Financial Times and Stanford Business School Describe How Private Equity Investors Like CalPERS Act Like the Dumb Money They Are
More on how private equity investors like CalPERS willingly go along with their victimization.
Read more...“How Much Longer Can We Trust Our Economic Statistics?”
Trump budget whackage will further degrade the quality of official statistics. And that really does matter.
Read more...Good Riddance: CalPERS’ Atrocious General Counsel Matt Jacobs to Retire
A partial catalogue of the horrowshow of Matt Jacob’s tenure as CalPERS general counsel.
Read more...Insurers Dump Catastrophe Risk of Climate Change and Earthquake to Chump Bond Investors. What Could Go Wrong?
Garden variety investors, including retail, are signing up to insure climate change and other disaster risk via catastrophe bonds.
Read more...Michael Hudson: The Collapse of America’s Economic Empire
Michael Hudson, expanding on his seminal work Super Imperialism, chroniciles the rise and in-process decline of US financial hegemony.
Read more...CalPERS Retiree Group Launches GoFundMe for Investigation on Private Equity Fees
CalPERS retirees are raising funds to have a big go at private equity fee secrecy. Please chip in if you are a California taxpayer!
Read more...New SEC Chief on Board with Letting Retail Chumps Invest in Private Equity Even as Pros Like Kuwait Sovereign Wealth Fund Sound Red Alert
The SEC, in its munificence, is planning to allow more retail investors to be fleeced by private equity.
Read more...When Illusions of Wealth Shape the Economy: Understanding Pseudo-Wealth, Macroeconomic Volatility, and Social Welfare
Why pseudo-wealth like crypto is detrimental to social welfare, as in the collective good.
Read more...Billionaire Blasts Private Equity’s Continued Grifting as Performance Falls Further
The once-above-criticism private equity industry is on the receiving end of long-overdue takedowns, some of them pointed.
Read more...US-Ukraine Minerals Deal: Has Trump Agreed to Continue Military Support? Even if Not, Will He Fall for an Endowment Effect Trap?
Will the Ukraine minerals deal become a tar baby for Trump?
Read more...How the American Economy Is Rigged to Serve the Rich, and Why Tariffs Won’t Change That
The money to support well-paid American jobs exists—it’s just being hoarded by the rich.
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