When I worked in Equities at Goldman Sachs and Credit Suisse, we would occasionally bring a hot IPO deal to market. During the company roadshow, we’d take management around to meet one on one with our largest investors and clients. Sometimes…
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new video loaded: Uber’s Sexual Assault ProblemAugust 6, 2025Emily Steel, an investigative reporter for The New York Times, got access to sealed court documents revealing more than 400,000 reports of sexual assault or misconduct after Uber rides over six years. She…
[EDITOR'S NOTE: We’ve already received a bunch of applications for the 2025 WCI Medical School Scholarship, but we still need your help in giving away at least $56,000 to our future physicians. If you’re a working or retired professional who would…
You think the official BLS NFP series is worrying, consider the alternatives: Figure 1: BLS establishment nonfarm payroll (NFP) July series (bold blue), Jun series (light blue), Philadelphia Fed early benchmark (green), and experimental BLS household series adjusted to NFP concept,…
We’re committed to providing traders with greater flexibility and control, and are excited to announce a significant expansion in our collateral opportunities for Kraken Pro traders. What is a collateral currency? A collateral currency can be fiat, crypto or stablecoin you…
Discussed the employment numbers on WPR this morning. One question came up, which inspired this post – how’s Wisconsin doing, tradewise, given the states’ trade/manufacturing dependence. Figure 1: 12 month trailing moving average of Wisconsin goods exports deflated by US goods…
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August 5, 2025 | Asset Listings We’re thrilled to announce that KTA is available for trading on Kraken! Funding and trading KTA trading is live as of August 5, 2025. To add an asset to your Kraken account, navigate to Funding,…
Writing using artificial intelligence (AI) can save you a lot of time. But what effect does it have on your ability to think?In “Should we fear cognitive debt?” a podcast interview by Deep Work author Cal Newport, either author Brad Stulberg or Newport said…
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[EDITOR'S NOTE: In exactly 27 days, early-bird registration for the 2026 Physician Wellness and Financial Literacy Conference (WCICON26) will open, and to celebrate our excitement, we’ve officially announced our lineup of speakers. We have old favorites and a plethora of inspiring…
From Cavallo et al. (Aug. 2025): Source: Cavallo, et al. (Aug 2, 2025). Some data consistent with an impact of tariffs: Figure 1: PCE-durables deflator (blue), PCE-services deflator (tan), in logs 2025M01=0 Source: BEA.
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This week’s livestream featuring Menzie Chinn and Lydia Cox, moderated by Mike Knetter, is Tuesday, Aug. 5, at 7 p.m. CDT (hosted by the Wisconsin Alumni Association): Register here. In the first half of the year, the Trump administration has reshaped…
Through 8/3: Figure 1: EPU (blue, left scale), EPU-trade (green, right scale). Source: policyuncertainty.com. Trade policy uncertainty, I can see why that’s risen. Economic Policy Uncertainty? Well, if you start disassembling the economic data infrastructure that underpins TIPS, Social Security COLAs,…
Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at why a RIA would launch an ETF. Quote of the Day "Portfolio withdrawal strategies are a planning process not…
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In Spring 2025, I sold one of my properties and successfully excluded $500,000 in capital gains, tax-free, thanks to the IRS Section 121 Exclusion. For those unfamiliar, this powerful rule allows homeowners to exclude up to $250,000 in capital gains if…
By Dr. Jim Dahle, WCI Founder There are five money activities to master in your life: Earning Saving Investing Spending Giving This post is all about spending. As part of our 25th anniversary celebration, I rented a supercar (as a surprise…
From the NYT: Two days after President Trump fired the top labor official in charge of compiling statistics on employment, Kevin Hassett, the director of the White House National Economic Council, insisted on Sunday that the administration was “absolutely not” shooting the messenger…
Maybe, maybe not. With the employment release of Friday, here’re the pictures, first of NBER’s BCDC key indicators, and second of alternative indicators (recalling all the most recent data will be revised): Figure 1: Nonfarm Payroll from CES (bold blue), implied…
Quote of the Day "Without short sellers the market has become riskier. Lawless." (Phil Bak) Chart of the Day The AI boom comes with big capex. (wsj.com) Markets Companies Finance Private credit Venture capital The BLS Policy Economy Earlier on Abnormal…
By Dr. Jim Dahle, WCI Founder How should you invest in real estate? There are plenty of different ways. As those who have taken the Fire Your Financial Advisor online course know, there is basically a real estate investing continuum with…
Durables consumption has experienced extreme volatility over the last 9 months (since the election). However, services and nondurables should follow the permanent income hypothesis — at least halfway (DSGE’s usually incorporate about 50% hand-to-mouth consumers). So what do we see? Figure…
Policy uncertainty through 8/1: Figure 1: EPU – trade (blue, left scale), EPU (green, right scale). Source: policyuncertainty.com.
This week, I speak with Erik Hirsch, Co-Chief Executive Officer at Hamilton Lane, previously serving as CIO and Head of Strategic Initiatives. As co-CEO, he is responsible for the firm’s strategic direction and operations. Erik is also Vice Chairman and a trustee…
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 "Luck will never find you in your…
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By Dr. Jim Dahle, WCI Founder I've been getting emails from WCIers (and my own daughter) that Vanguard is sending them emails with this message. The email starts with the title: “Action needed: Choose an automated cost basis method.” And from…
Retirement planning tools are incredibly helpful, until they’re not. Various tools can offer insight into your financial future, but none of them tells the whole story on their own. To make informed retirement decisions, you need more than just a number…
CEA Chair Miran asserts that some of the surprise in the employment numbers is due issues of seasonality. Can we see that? I can’t… Here’s y/y growth rate of the official series and the seasonally adjusted series. Figure 1: Year-on-year growth…
As of 1:35PM CT today, the President has fired the Commissioner of Labor Statistics, within 6 hours of the latest employment release. So what all of feared about the safety of the independence of our economic statistical agencies has come to…
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Tales from the Employment Situation release for July: (1) July Establishment employment change below consensus; (2) Revisions make trends slower; (3) Adds data indicating a slowdown. Figure 1: Nonfarm Payroll Employment, July release (bold black, right log scale), implied Bloomberg consensus…
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Since starting Financial Samurai in 2009, I've encouraged folks to keep an open mind and embrace as many different perspectives as possible. So often, we get set in our ways and think our approach is the only right way to do…
By ccieemeritus on the Bogleheads forum, Guest Writer [AUTHOR'S NOTE: Disclaimer: I am not a lawyer.] I recently finished self-representing and acting as the administrator for a probate in California. The death was unexpected, and there had been no estate planning.…
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers, and Sohaib Nasim. A shorter version appeared at Project Syndicate. Donald Trump…
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Dear Donors,
We hope this message finds you in good health and high spirits. Today, we reach out to you with a heartfelt appeal for your support in sustaining our health practice. With over 30 years of dedicated experience, our practitioner—a seasoned researcher, teacher, and healer—has committed his life to serving individuals who have experienced the unimaginable.
His journey began by offering care to people returning from conflict zones, wars, natural and man-made disasters, and those who have been victims of torture. Through his expertise, he has been able to alleviate the physical and emotional burdens that these individuals carry.
For the past 30 years, our practitioner has specialized in the treatment of psychotrauma and Post-Traumatic Stress Disorder (PTSD), understanding the profound impact they have on health and life, not only for the individuals directly affected but also for their loved ones. Additionally, he has dedicated himself to providing long-term support for those battling physical and mental injuries, cancerous pathologies, genetic diseases, and other challenging conditions.
Through his unwavering commitment, he has helped and cared for several thousand people who were in desperate need, enabling them to not only survive but thrive. For those who lacked financial means, he has always offered care free of charge, allowing them to receive the support they needed, regardless of their circumstances. Those who could afford it were encouraged to contribute what they could, fostering a sense of community and shared responsibility.
The impact of our practitioner’s work cannot be overstated. Lives have been saved, hope has been restored, and the journey towards healing has been made possible for countless individuals. However, we find ourselves at a critical juncture where we urgently need your help and support to ensure the continuity of our services.
By making a donation to our health practice, you will directly contribute to the well-being and transformation of lives. Your generosity will empower us to continue providing essential care, support, and treatment to those who are most vulnerable. Your contribution will help us acquire the necessary resources, develop innovative therapies, and expand our reach to make a lasting impact on the lives of individuals and communities in need.
Join us in making a difference today. Your support will not only sustain our practice but also enable us to extend our services to those who might otherwise go without the care they desperately require. Together, we can create a brighter, healthier future for all.
To make a donation, please visit our donation page. Every contribution, no matter the size, makes a significant difference in the lives of those we serve.
Thank you for considering our appeal and for your compassion in supporting our health practice. Together, we can continue to save lives and inspire hope.
With deepest gratitude,
Yan A. Reichlen de Meldegg
Practitioner in Neuropsychology
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