During the first three trading days of this month, the stock market made a lot of noise. Weeks of lackluster economic data culminated in a pair of worrisome job reports that sparked a two-day selloff. On the third day, gasoline was poured onto the fire. Something called the “unwinding of the yen carry trade” (the…
What a difference a month can make. The day after we published our last Commentary, Donald Trump and Joe Biden were about to square off in the first presidential debate, and we wrote: “If Trump appears to have gained the upper hand in the debate, look for the Democratic Party to quickly find another presidential…
Tomorrow night, President Joe Biden will square off in a debate against former President Donald Trump . . . a very old man vs. a slightly older very old man. This will likely be the most-watched presidential debate in history . . . and at the same time the most “painful to watch” presidential debate…
This year is witnessing the emergence of two massive broods of cicadas (pronounced sә-kādә): Brood XIX and Brood XIII. These cicada populations stay underground for 13 and 17 years, respectively, and live off the sap of tree roots. Then they come out for six weeks to make a lot of noise, mate, and die while…
