So What If You Miss the Market's N Best Days?

Cliff Asness, AQR Capital Management

This post revisits and refutes a long-standing argument against market timing—that missing just a few of the market's best days can devastate returns—by demonstrating its logical flaws and...

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Take $3B From Harvard and All Us, Don't Give It To Trade Schools

Rob Smith, RCM

I'm opposed to President Trump's idea of taking $3 billion in federal grant money from Harvard and giving it to trade schools; however, I'm very much in favor of taking $3 billion from Harvard. I'm...

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On CBO: Fiscal Forecasts Are Not As They Seem

Market Minder, Fisher Investments

Fiscal forecasts aren't quite as they might seem.

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Big, Beautiful Bill Provides New Yorkers w/Crucial Tax Relief

Rep. Mike Lawler, NYP

The passage "the Big, Beautiful Bill," quadrupled the SALT cap to $40,000 and is poised to deliver significant tax relief to nearly every home and business owner in the Hudson Valley (and bey…

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Books: Gramm and Boudreaux's 'Triumph of Economic Freedom'

John Tamny, RCM

The rain was heavy for parts of last weekend in the Washington, D.C. area. Seeing it coming down in sheets, it got me thinking about how people used to live. How awful it must have been in the days...

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Will Donald Trump Weaken Washington's Power To Tax?

Editorial, Issues & Insights

If so, he would diminish its power to destroy, which it has wielded mercilessly.

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The Republican Budget Courts Disaster, and All for What?

Mark Mellman, The Hill

It may be hard to imagine, but Republicans are exploding the budget deficit and the national debt while slashing health care and education, all to give more tax breaks to billionaires like Elon Musk...

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