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Monday, November 30, 2020
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Barry L. Ritholtz

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A $15 wage will end tax subsidy for fast food

This week, Los Angeles became the third major West Coast city and the biggest in the U.S. to agree to raise the minimum wage...

Failure to raise gas tax leaves roads in ruins

Get in your car and go for a drive just about anywhere in the U.S. You will be confronted with a transportation system desperately...

U.S.-Iran deal may yield second peace dividend

NEW YORK - The possibility of a deal to limit Iran’s nuclear capabilities and end the international trade sanctions against the country raise a...

The gold bug’s narrative defies reality, keeps on failing

Will they never learn? Despite recent short rallies, gold has been experiencing a long and painful fall in the last few years. And the...

Understanding the reasons bankers were never busted

“There Were No Convictions of Bankers for Good Reason” is the headline of a post by Mark F. Pomerantz, a lawyer and retired partner...

Free ride is coming to an end for money-market funds

Of all the outrages endured during the financial crisis, perhaps the most perplexing involved money-market mutual funds. In an example of moral hazard writ...

New equity highs are not a sign of coming market doom

When tensions over the Black Sea confrontation fell last week, global markets rallied to multiyear highs. In the United States, the S&P 500 closed...

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