“Biden is toast – calling it now.” Eugene Daniels on the freakout happening by Dems right now. politico.com/news/2024/06/2…

In New York Times Opinion Voters "cannot be expected to ignore what was instead plain to see: Mr. Biden is not the man he was four years ago," the editorial board writes after Thursday's presidential debate. nyti.ms/3XQkeRc

WSJ: The Tyranny of Today’s Tipping wsj.com/articles/the-t… The screen reads: “Add a tip: 18%. 20%. 25%.” For a takeout sack of burgers and soggy fries? C’mon. #tipping

.Joe Scarborough: "The Democrats have to either fish or cut bait. If they can't drive Biden from the race, they need to line up behind Joe Biden because there's no middle ground here... You're either united, or your side loses. They've got to make decisions fast." on.msnbc.com/4cM30sZ

In the Wake of the #ChevronDecision. Unfortunate #SCOTUS decision shifts the responsibility for addressing these questions from U.S. EPA to ill-equipped courts. environment.yale.edu/news/article/w… via Yale School of the Environment Yale Law School

“People really didn’t know if we were going to have a 1930s-type depression, so the government erred on the side of more stimulus than less stimulus.” mitsloan.co/4f8eloP

As Maine’s next US Senator, I'll focus on addressing the real issues that impact your daily lives and the future of Maine. #mepolitics

Hendrik Bessembinder finds that from 1925 to 2023 51.6% of equities had a negative return; however, 17 stocks had cumulative returns greater than $50,000 per dollar invested, led by Altria Group with a return of $2.65mm for each dollar invested. edwardconard.com/macro-roundup/…

Cold storage is the hottest thing on Wall Street. Here’s why. It all started with an acquisition in 2008 of a family run business. wsj.com/business/linea…

Real house prices are 1.9% under the 2022 peak and 11% above the bubble peak. Affordability remains at levels last seen in the early 1980s when 30-year mortgage rates were over 14%. Bill McBride edwardconard.com/macro-roundup/…

So good 😂

STEM departments in elite universities should ditch "holistic" admissions, require tougher math tests than the SAT's in applications (or other evidence of extraordinary ability), and admit strictly from the top down by test score. STEM talent is too precious to waste.

The Subscription Value Loop, by Phil Carter on Lenny Rachitsky. "Apple’s recent ATT restrictions have rendered paid acquisition less efficient, making it even more difficult for these companies to maintain healthy unit economics." lennysnewsletter.com/p/the-subscrip…

What Will It Take to Make Housing More Affordable? by Cameron LaPoint. Kamala Harris has proposed $25,000 in down payment support for 1st time home buyers, which would be counterproductive to affordability and would NOT benefit renters. insights.som.yale.edu/insights/what-… Yale Insights Yale School of Management

A lot of enthusiasm for Maine GOP in CD-2 with a big turnout tonight, Harris Media. It’s looking good for Austin Theriault! #MEpolitics

Hedge funds will have setups like this just to underperform the S&P by 8%

‘Unlimited dollars’: how an Indiana hospital chain took over a region and jacked up prices: In the nation’s most affordable metro area, getting hurt or sick is expensive | The Guardian theguardian.com/us-news/2024/o…

Please join our webinar with Meb Faber and Wes Gray 🇺🇸 on Thursday, October 31 at 11am ET. They'll discuss the Cambria Tax Aware ETF (TAX) and 351 contributions. us02web.zoom.us/webinar/regist… Cambria Funds distributed by ALPS Distributors, Inc. cambriafunds.com/tax

A NYT analysis of more than 3.5mm voter registration records finds that #GOP voters who moved between 2020 and 2024 moved to neighborhoods #Trump won by 19pp in 2020. "Coming Apart" in action Charles Murray. edwardconard.com/macro-roundup/… via Edward Conard cc Steve B🎃gden