I did a fun interview with Jack Hough of Barron’s — we were scheduled to discuss How Not to Invest, and he used our convo as a leaping off point to discuss what we should be doing in 10% downturns. Jack Hough walks through ways to hedge market downside from foolish to… Read More The post 10% Market Dip? How Not to React appeared first on The Big Picture ..read more

The weekend is here! Pour yourself a mug of Colombia Tolima Los Brasiles Peaberry Organic coffee, grab a seat outside, and get ready for our longer-form weekend reads: • The Economic Excuse Industry is Booming. While talk of recession is premature, there’s already a palpable sense of disappointment in the Trump economy. The New York… Read More The post 10 Weekend Reads appeared first on The Big Picture ..read more

    This week, I speak with Stephanie Kelton, Professor of Economics and Public Policy at Stony Brook University and Senior Fellow at the Schwartz Center for Economic Policy Analysis. We discuss US fiscal policy, recession risks, and her New York Times bestseller “The Deficit Myth: Modern Monetary Theory and the Birth of the People’s… Read More The post MiB: Stephanie Kelton on US Fiscal Policy and the ‘Deficit Myth’ appeared first on The Big Picture ..read more

My end-of-week morning train WFH reads: • Perspectives on Market Downturns. The market does not care about your opinions. Stop it. Just stop it. Empirical studies on environments like this remind us that we don’t know. Goldman Sachs doesn’t know. Morgan Stanley doesn’t know. UBS doesn’t know. I don’t know. You don’t know. (Fortunes &… Read More The post 10 Friday AM Reads appeared first on The Big Picture ..read more

    I have known Scott Galloway since way before his first book, The Four, came out in 2017 . He had been on MiB prior, and it was my pleasure to intro it at NYU Stern when it first was published. As always, it was so much fun chatting with Scott on the Prof… Read More The post Talking <i>How Not to Invest</i> with Prof G appeared first on The Big Picture ..read more

      The transcript from this week’s, MiB: Philipp Carlsson-Szlezak, Global Chief Economist for BCG, is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube, and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here.     ~~~   00:00:02… Read More The post Transcript: Philipp Carlsson-Szlezak, BCG appeared first on The Big Picture ..read more

    Money Delusions: What Do People Get Wrong About Money? David Nadig, “Rabbithole” March 7, 2025   I had fun chatting with Dave Nadig about philosophy, behavior, and investing (video after the jump). His new podcast is called “Rabbithole” because Dave does not do broad and shallow; rather, he picks a narrow topic and… Read More The post Rabbithole: What Do People Get Wrong About Money? appeared first on The Big Picture ..read more

My back-to-work morning train WFH reads: • Protect Your Parents from Scammers. I settled on advising them to say this every time a financial institution calls: “Where are you calling from? Thank you. I’m going to hang up and call back.” (Flow Financial Planning) • When uncertainty becomes unambiguously high: And it’s not surprising. There… Read More The post 10 Monday AM Reads appeared first on The Big Picture ..read more

  This is UnitedHealthcare. This is what happens when the Democratic leadership is somnambulant, people take matters into their own hands. I don’t know if this news has made it into the right wing blogosphere. But in the mainstream press this week there have been all these stories about Tesla sales tanking. Significantly. And now… Read More The post Tesla Backlash appeared first on The Big Picture ..read more

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts: Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices. (New York Times) • How the British Broke Their Own Economy: With… Read More The post 10 Sunday Reads appeared first on The Big Picture ..read more