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Robert Hughes

Weak Growth for Real Personal Income Excluding Transfers

“Personal income rose in February but real income excluding transfers fell, suggesting a threat to real spending. The outlook for the economy has become highly uncertain.” ~ Robert Hughes

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David Waugh

Carl Icahn’s Creative Destruction

“Carl Icahn is a tour-de-force, relentlessly propelling creative destruction over his nearly 60-year career. Creative destruction is sometimes painful but ultimately good, and activist investors like Icahn should be celebrated rather than maligned.” ~ David Waugh

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Robert Hughes

Weekly Initial Claims Tick Up but Remain Near the Lowest Level Since 1969

“Weekly initial claims ticked up but remain near a multidecade low, indicating a very tight labor market. However, the Russian invasion of Ukraine, sustained elevated price increases, and a new Fed tightening cycle have boosted risks to the outlook.” ~ Robert Hughes

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J.P. Koning

Crypto’s Privacy/Commingling Dilemma

“Mixing is a less-than ideal way to gain privacy. In solving for privacy, mixing introduces another problem; commingling. When you use a mixing tool, you’re introducing your licit funds into the same pot as potentially criminally-derived funds.” ~ J.P. Koning

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Randall Holcombe

Do Voters Make Poor Choices?

“The choices individuals make do not affect election outcomes. They make the choices that make them feel the best—and its difficult to say that by doing that, they are making bad choices.” ~ Randall G. Holcombe

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