Tag Archives: S&P500

Redistributing Wealth to the Rich

The world’s more unbelievable and fantastical than anything we could imagine.  Look around.  Astounding things are taking place each and every day. For instance, earlier this week China’s richest man, Wang Jianlin, paid $28.2 million for Pablo Picasso’s painting of … Continue reading

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How to Enjoy the Magic of Rising Stock Prices

Let’s begin with the understanding that something delightful is taking place in the stock market.  The S&P 500’s up 22.33 percent year to date.  What’s more, the S&P 500 just hit a new nominal high of 1,745.  Can you believe … Continue reading

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Stock Market Shangri-La

The big news early in the week was that Larry Summers – the man so smart he lost hot breakfasts for Harvard and $2 billion of the university’s operating funds – withdrew his name from consideration for the next Federal … Continue reading

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Secrets of the September Swoon

Federal workers, and many other fine folks, celebrated Labor Day yesterday by partaking in lethargy.  Here at the Economic Prism we did nothing of the sort.  Rather, we continued our labors for fun and for free…and always on your behalf. … Continue reading

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