Things Are Different Now, or Are They?

Things Are Different Now, or Are They?

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Vertical Integration Is Back

For the past several decades, the dominant playbook was globalization and specialization. Companies outsourced components to the lowest-cost producer, often halfway around the world. Supply chains became long, complex, and highly optimized for cost.On paper, it made perfect sense ...  Show more

My December Fed Prediction Came True

Today’s show is sponsored by The Cost Segregation Guys. If you own investment real estate and haven’t looked seriously at cost segregation, you could be leaving significant tax savings on the table. The Cost Segregation Guys help investors accelerate depreciation, improve near-te ...  Show more

Recommended Episodes

Mike Wilson: The Problem with the U.S. Dollar
Thoughts on the Market

With rates and currency markets experiencing increasing volatility, the state of global U.S. dollar supply has begun to force central bank moves, leaving the question of when and how the Fed may react up for debate.


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What can we learn from previous financial crashes amid recession fears?
Business Extra

The global economy has weathered the most tumultuous century in modern history and most of the previous financial crises have shared similarities from which we can learn.

So writes Dr Linda Yueh, CBE, in her new book, The Great Crashes: Lessons from Global Meltdowns and ...

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25: The Big Bang: The origin of modern real estate and banking
Onward, a Fundrise Production

In this latest episode of Onward, Fundrise CEO Ben Miller and co-host Cardiff Garcia give us a tour of the economic landscape that was once the status quo: a world where local lending institutions called S&Ls — or thrifts — were the primary way individuals saved for and financed ...  Show more

Darrell Duffie On How to Fix the World’s Most Important Market
Odd Lots

In the global financial system, US Treasuries play a special role. They’re basically as close to cash as a financial asset can get and their yields act as the "risk-free" rate against which all other assets are measured. In other words, the US Treasury market is supposed to be th ...  Show more