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wsw staff

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Anatomy of a Bubble and Crash – Charles Hugh Smith (02/26/2021)

Needless to say, few are expecting bubble symmetry to manifest now, because, well, of course, "this time it's different." Indeed. It's always different and...

Consumers Remained Cautiously Optimistic in February – Robert Hughes (02/26/2021)

The Consumer Confidence Index from The Conference Board rose in February, increasing by 2.4 points to 91.3. The index is constructed so that it...

What’s behind $15,000 electricity bills in Texas? – Seth Blumsack (02/26/2021)

Seth Blumsack, Penn State Texans who made it through February’s extreme cold weather without losing power or natural gas must have felt lucky. But for some,...

Sheryl Sandberg and Top Facebook Execs Silenced an Enemy of Turkey...

ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. As Turkey...

Citing Concerns About Corporate Power, Bernie Sanders Votes Against Biden’s Choice...

Sen. Bernie Sanders on Tuesday was the lone progressive to vote against Tom Vilsack reprising his role as secretary of agriculture, citing concerns that...

Munger on SPACs: Wall Street ‘will sell sh*t as long as...

Charlie Munger, Vice Chairman of Berkshire Hathaway, speaks at the Daily Journal Annual Meeting about his thoughts on SPACs.