I have been working on a post-2020 “Lessons for Investors” column, when I stumbled upon an interesting Nate Silver post mortem discussion (above + ABC). His pre-election forecast was a 90/10% likelihood of…

‘Sistine Chapel of the ancients’ rock art discovered in remote Amazon forest Guardian Even razor clams on sparsely populated Olympic Coast can’t escape plastics, study finds Phys.org (DL). Megalodons, the Ocean’s Most Ferocious Prehistoric Predators,…

Back in 2015, when CalPERS held a one-day private equity workshop, which was a vehicle for justifying its loyalty to the strategy despite the SEC and major press stories revealing abuses and embezzlement, its star…

Yves here. We’ve previously discussed long-term forecasts of the impact of climate change in the US. They’ve included analyses of how increases in humidity and heat will render parts of the US uninhabitable due to…

Mask usage reduces COVID-19 deaths: A US county-level analysis with a unique identification approach Several scientific studies have shown that mask usage reduces respiratory droplets, which is now believed to be the main transmission mechanism…

A world of negative nominal interest rates is new and uncharted territory, raising questions about the impact on the real economy, the banking system, and financial stability (Eggertsson et al. 2018, Eggertsson and Summers 2019,…

Potential consequences of post-Brexit trade barriers for earnings inequality in the UK Brexit will fundamentally reshape the UK’s relationship with the EU – it’s most important trading partner. In 2019, the EU accounted for 43%…

“Half of the people lie with their lips; the other half with their tears.” ―Nassim Nicholas Taleb By Lambert Strether of Corrente Continuing on with our circuitous slog through volume one of Obama’s third autobiography,…