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The Big Picture



Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media



Last Build Date: Thu, 27 Jul 2017 23:30:23 +0000

 



Bruce Bartlett vs Arthur Laffer

Thu, 27 Jul 2017 23:30:23 +0000

Turns out, cutting taxes for the rich IS good for the poor. Michael Rubens gets ghosted by the only guy who can prove it. (NSFW)   When Michael Met Arthur via FullFrontal  

The post Bruce Bartlett vs Arthur Laffer appeared first on The Big Picture.

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MIB: Alan Shaw, the Man Who Called the Bond Bull Market and other tales of the chart

Thu, 27 Jul 2017 16:30:25 +0000

When the Charts Know and the Analysts Don’t: “How could these stocks be making tops when my fundamental news is right on line and when earnings are coming through for all my companies? It doesn’t make any sense.” That was the reaction of now legendary technician Alan Shaw when he began his career on Wall Street…

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The post MIB: Alan Shaw, the Man Who Called the Bond Bull Market and other tales of the chart appeared first on The Big Picture.

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More Minimum Wage Misdirection, Stuart Varney Edition

Thu, 27 Jul 2017 13:00:13 +0000

@TBPInvictus here: Zane Tankel, franchisee of some 38 Applebee’s casual dining restaurants in NYC, Westchester, and Rockland, appeared recently with Stuart Varney to wail on the minimum wage:   Herewith an excerpt: TANKEL: We start ’17 (2017) 500 people skinnier than we started ’16 (2016) because… VARNEY: You dropped 500 people? TANKEL: Yes, sir. Yes,…

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The post More Minimum Wage Misdirection, Stuart Varney Edition appeared first on The Big Picture.

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10 Thursday AM Reads

Thu, 27 Jul 2017 12:30:52 +0000

My WTF was that about? morning train reads: • 11 Great American Companies That Have Totally Lost Control of Their Narrative (24/7 Wall Street) • The gold trick (Moneyness) • The College Course Where the Military Assigns the Homework (Wired) see also How Cyberwarfare Makes Cold Wars Hotter (Wall Street Journal) • John McCain Is the Perfect American Lie (GQ) see also It’s Kid Rock’s…

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The post 10 Thursday AM Reads appeared first on The Big Picture.

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$382 Billion in Underfunded Corporate Pensions

Thu, 27 Jul 2017 11:00:34 +0000

Its not just States: Corporate retirement accounts are also wildly underfunded: “People who rely on their company pension plans to fund their retirement may be in for a shock: Of the 200 biggest defined-benefit plans in the S&P 500 based on assets, 186 aren’t fully funded. Simply put, they don’t have enough money to fund…

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The post $382 Billion in Underfunded Corporate Pensions appeared first on The Big Picture.

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How the Auto Industry is Catching Up with Tesla

Wed, 26 Jul 2017 17:30:54 +0000

This is fascinating, via Financial Times, about the changing global auto industry:   Source: Financial Times   Tesla Model 3 Source: Financial Times  

The post How the Auto Industry is Catching Up with Tesla appeared first on The Big Picture.

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Top Cities For Women-Owned Businesses

Wed, 26 Jul 2017 13:00:44 +0000

Very interesting graphic, with Memphis, Detroit and Charlotte (surprisingly) leading :   Top 10 U.S. Cities For Women-Owned Businesses Source: Visual Capitalist  

The post Top Cities For Women-Owned Businesses appeared first on The Big Picture.

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10 Wednesday AM Reads

Wed, 26 Jul 2017 11:55:43 +0000

My midweek morning train reads: • How a Guy From a Montana Trailer Park Overturned 150 Years of Biology (The Atlantic) • Tesla and Elon Musk’s moment of truth with first mass-market car (Financial Times) • The Company Behind Many Surprise Emergency Room Bills (The Upshot) • There’s a promising new HIV vaccine candidate in the pipeline (Vox)…

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The post 10 Wednesday AM Reads appeared first on The Big Picture.

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Galloway: Asshole ≠ Innovative

Wed, 26 Jul 2017 10:30:47 +0000

This has been an awful year for Uber, which was the most valuable startup in the world. We’ll see… (Galloway is a keynote speaker at our evidence based investment conference)

The post Galloway: Asshole ≠ Innovative appeared first on The Big Picture.

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