Looking at the Bulls and the Bears

Looking at the ups and downs of bull and bear markets takes us to the past and present Dow Industrial Average and the S&P 500.

Throwback Thursday: Morgan Stanley, E*Trade, and the 1930s

When it announced its $13 billion deal for E*Trade, Morgan Stanley reminded us of the reason it was created during the 1930s.

The Economic Side of Legal Marijuana

When Massachusetts voters said yes to legal marijuana, they made an economic decision that relates to competition, taxes, and banking.

Banking on Marijuana

Reflected by duffle bags filled with cash, marijuana’s financial services problems demonstrate why we need banks and other financial intermediaries.

Six Facts About Marijuana and Money

Looking at marijuana economics, we see a growing industry that is constrained by the clash between federal and state law.

U.S. Steel and Apple: From One Billion to One Trillion

Rather like Apple just became the first trillion dollar corporation, in 1901 U.S. Steel took us past the billion dollar threshold.

The Results of Warren Buffett’s Million Dollar Bet

With a Vanguard S&P Index fund competing against a group of hedge funds, a decade-long Warren Buffett bet for $1 million has just ended.

The Unintended Consequences of NIRP

While illicit activities inspire people to fill suitcases with cash, negative interest rates also motivate businesses and households to demand big bills.

Weekly Roundup: From Warren Buffett’s Bet to McDonald’s Hamburgers

Our weekly roundup includes productivity and a hamburger assembly line, financial intermediaries and index funds, soda tax incentives and the GMI.

Warren Buffett’s Million Dollar Bet

Warren Buffett’s million dollar bet that an index fund would have better market performance than a hedge fund involves financial intermediaries.