Last night, CNBC International asked me to muse about the impact of the election on markets. In my response, I focused on what the Executive can do on regulation and tariffs. The anchor had appeared a bit surprised I didn't touch on the proposed 25% unrealized gain tax. Gridlock is my

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"It’s too soon to predict the winner of November’s presidential election, but not too soon to predict the loser: economics." The Wall Street Journal's Greg Ip writes. Agreed, except while this year's political red meat is particularly bad economics, it's hardly a new phenomenon. Maybe it was the

Forward guidance alive and well. If the time has come, why wait till next month? What’s the upside of pre-announcing?

A National Sales Tax! You likely missed Harris referring to tariffs as a national sales tax - in part because the reference appears to have gone through five rounds of editing, losing its punch & even the word 'tariff'. A pity as tariffs are a tax and fair game for an attack

“The death of free speech in Britain.” Important and original take by ⁦Ayaan Hirsi Ali⁩. spectator.co.uk/article/the-de…

Important analysis on why free speech is eroded. Just don’t shrug it off as an exclusively British problem.

P95PG001 dylan matthews 🔸 Define fair, the most abused word in politics. It most certainly is not fair to tailor a tax to target a small number of people as the proposed on unrealized gains does. Regarding your question, we should ask the opposite : how can we get more people to have capital gains? As

The deplorables score an election victory in regional elections in Germany. Read: go on with business as usual, their concerns are deplorable after all. wsj.com/world/europe/e…