On Saturdays we catch up with the non-finance related items that we didn’t get to earlier in the week. You can check out last week’s edition. Have a great weekend! Quote of the Day "Human luck doesn’t even out." (Seth Godin)…
by Calculated Risk on 8/09/2025 08:11:00 AM The key reports this week are July CPI and Retail Sales.For manufacturing, the August NY Fed survey, and the July Industrial Production report will be released. ----- Monday, August 11th ----- No major economic…
Today, I am going to explain why tariffs on more countries can be better! Not to worry, I still think free trade is the best policy (modulo some special cases discussed in Modern Principles) but I am going to show that…
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By Dr. Jim Dahle, WCI Founder When a married couple isn't on the same page financially, life can become awfully difficult. If you have differing views on whether to save 10% or 20% for retirement or if you have varied opinions…
You will see termite mounds, baobab trees, and open skies. The major city is Tamale, the third largest urban settlement in the country. The town is manageable and traffic is not intense. At night it is quiet. The “main street” is…
It is easy to get caught up thinking about the benefits of retirement, like no more morning commutes, more time with loved ones, travel, hobbies, and freedom. But from a financial perspective, the first few years of retirement are some of…
by Calculated Risk on 8/08/2025 04:06:00 PM From the Association of American Railroads (AAR) AAR Data Center. Graph and excerpts reprinted with permission. Rail volumes are holding up, indicating goods movement remains resilient despite the headwinds. Looking ahead, though, sustained pressure…
1. Was it emigration that ended the British empire? 2. Thiel fellowship data. 3. A kind of Jevons Paradox for AI pricing and usage. 4. Redux of Patrick Collison interviewing me in 2017. 5. “Dynastic composers are between 14 and 21…
From Cleveland Fed, Goldman Sachs, plus Bloomberg consensus – generally, acceleration in the q/q annualized: Figure 1: Quarter-on-Quarter annualized inflation of CPI (bold black), Cleveland Fed nowcast as of 8/8 (gray square), Bloomberg consensus, Kalshi betting CT (chartreuse triangle), Goldman Sachs…
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by Calculated Risk on 8/08/2025 12:37:00 PM This is something to watch again. Here is another update on lumber prices.SPECIAL NOTE: The CME group discontinued the Random Length Lumber Futures contract on May 16, 2023. I switched to a physically-delivered Lumber…
Lots of stories regarding the impact of CEA Chair’s temporary appointment to the vacancy at the Fed Board. For an insight into Dr. Miran’s views, here’s a list of his peer reviewed articles. Peer-Reviewed Article Balanced budget requirements lead to substantial…
August 8, 2025 | Asset Listings We’re thrilled to announce that CARV is available for trading on Kraken! Funding and trading CARV trading is live as of August 8, 2025. To add an asset to your Kraken account, navigate to Funding,…
Yes, I will be having another Conversation with him. Much of it will focus on Steven’s forthcoming book When Everyone Knows that Everyone Knows…Common Knowledge and the Mysteries of Money, Power, and Everyday Life. Here by the way is my previous…
by Calculated Risk on 8/08/2025 11:41:00 AM From BofA: Next week, we will initiate our 3Q GDP tracker ... [August 8th comment]emphasis addedFrom Goldman: [W]e boosted our Q3 GDP tracking estimate by 0.2pp to +1.2% (quarter-over-quarter annualized). Our Q3 domestic final…
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August 8, 2025 | Asset Listings We’re thrilled to announce that AB is available for trading on Kraken! Funding and trading AB trading is live as of August 8, 2025. To add an asset to your Kraken account, navigate to Funding,…
Here is the transcript and also the link to the audio. Forty five minutes or so. Here is the YouTube. We discuss much more than Bach, full of fresh material, plus Evan knows a lot and prepares, definitely recommended. There are…
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Quinn Donovan6 min read·1 day ago--Press enter or click to view image in full sizeWhy Tokenization as a Service (TaaS) is the Future of Finance?The landscape of finance has rapidly changed lately, driven by technological progress and novel business models. Tokenization…
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by Calculated Risk on 8/08/2025 08:15:00 AM Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local Housing Markets in JulyA brief excerpt: Tracking local data gives an early look at what happened the previous month and also reveals…
by Calculated Risk on 8/08/2025 08:15:00 AM Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local Housing Markets in JulyA brief excerpt: Tracking local data gives an early look at what happened the previous month and also reveals…
Member-only storyPVMihalache2 min read·1 day ago--The Arbus “Chirps” are live but what are they and how it works? The “chirps” are an AttentionFi rewards layer that pays real contributors for both off‑chain efforts like posts, and onchain actions such as swaps,…
Seraphina blake5 min read·1 day ago--Press enter or click to view image in full sizeThe idea of converting real-world assets into digital tokens has seen growing adoption in both the financial sector and digital markets. Real-world assets, from real estate to…
On the latest episode of the Financial Samurai podcast, I sat down with Ben Miller, cofounder and CEO of Fundrise, for a deep dive into artificial intelligence, venture capital, and what it really takes to get into the best private company deals. Ben…
[EDITOR'S NOTE: Want to hear something scary? Nearly a quarter (24%) of doctors in their 60s are not millionaires. If you’re worried that could be you one day, WCI wants you to join our free Financial Crash Course on August 19…
Member-only storyDipanshu Chaudhry7 min read·1 day ago--Recognizing the New Trends in the Crypto Cycle of 2025The script is being rewritten by the 2025 crypto cycle.Bitcoin has historically led post-halving bull markets, which were followed by a frenzied altcoin season in which…
Today you will be served thousands of advertisements. You’ll also be sent dozens of spam emails and texts. And one thing they all have in common is that you will ignore them. But a targeted letter, sent to you, in a…
I hear that Bannon is pushing Heritage Chief Economist EJ Antoni for BLS Commissioner. EJ Antoni: Source: Heritage Foundation, accessed 8/7/2025. If he is nominated, I’ll just observe that he declared (with St. Onge) a recession starting in 2022 [1]. And…
Manufacturing employment, hours, capacity utilization down since March 2025 (pre-“Liberation Day”); manufacturing production (Fed index) flat since March. Figure 1: Manufacturing employment, all employees (brown), manufacturing aggregate hours (green), manufacturing production (blue), real value added in manufacturing (blue bars), all in…
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by Calculated Risk on 8/07/2025 10:29:00 AM From STR: U.S. hotel results for week ending 2 August The U.S. hotel industry reported mostly positive year-over-year comparisons, according to CoStar’s latest data through 2 August. ...27 July through 2 August 2025 (percentage…
Thursdays are all about longform links on Abnormal Returns. Wherever possible, free links for premium sites are used. You can check out last week’s linkfest including a look at the global growth in desalination. Quote of the Day "Environmental contagion is…
by Calculated Risk on 8/07/2025 09:15:00 AM From Manheim Consulting today: Wholesale Used-Vehicle Prices Decreased in JulyWholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in July compared to June. The Manheim Used Vehicle Value Index (MUVVI)…
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Your trading reflexes, upgraded. With the new Trade Shortcut module in Kraken Desktop, you can now place pre-configured trades instantly — no forms, no hesitation. Build custom buttons for any strategy, from quick entries and exits to smart OSO setups.Speed, precision,…
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Our guest today is Dr. Dimitrios Tsatiris. He is a practicing psychiatrist and the author of Physician Burnout: How to Rise Above a Broken Healthcare System as a Practicing Clinician. Outside of his clinical practice, he has a passion for helping…
Bill McBride’s assessment here. In early April, I went on recession watch, but I’m still not yet predicting a recession for several reasons: the U.S. economy is very resilient and was on solid footing at the beginning of the year, and…
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When a prospective client or customer decides not to hire us or buy from us, how can we turn their no into a yes? And how can we do this, even when they’ve had their objections or concerns fully answered and…
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August 6, 2025 | Asset Listings We’re thrilled to announce that XTER is available for trading on Kraken! Funding and trading XTER trading is live as of August 6, 2025. To add an asset to your Kraken account, navigate to Funding,…
August 6, 2025 | Asset Listings We’re thrilled to announce that GOMINING is available for trading on Kraken! Funding and trading GOMINING trading is live as of August 6, 2025. To add an asset to your Kraken account, navigate to Funding,…
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We’ve got some exciting news to make your crypto journey even smoother: PayPal is now a funding option for Kraken clients in the U.S. That means you can deposit USD and start trading in just a few taps — no wires,…
In our latest Kraken Trading Spaces, Dentoshi unpacked one of the most valuable edges in trading: Spotting outperformers before the rest of the market does. With the crypto markets in a period of chop, earnings season heating up and broader macro…
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Practitioner in Neuropsychology
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