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It’s a fine Tuesday morning here at the Far Eastern Colonial Office of Paradigm Press. I hope you’re well and thriving. Before I get to today’s debacle, let me apologize for my slow replies to the mailbag. I’ve read all that you’ve sent, but I haven’t had a chance to write back. I will do...
Jon Najarian is a legendary options trader, hall of famer, and TV celebrity. Many know him as a best-selling author and the host of CNBC’s Halftime Report.
Jon earned the nickname “DRJ” - Dr. J - from his time working on the hardknock Chicago trading floor of the 1980’s, where he competed against some of...View More By Jon Najarian
Since the pandemic started you probably have noticed a change in your grocery buying habits. In the past, you might have left the house several times a week to buy groceries. Now, you limit your trips to once or twice a week, but you load up. Buying in bulk definitely has its economic benefits. But you can quickly lose any or all savings you gain if the food you buy spoils before you can enjoy it. Whether you’re a carnivore, vegetarian, or vegan, the truth is you’re probably wasting more food than you realize.
There is a lot of conflicting news circulating about the job market. Some data shows the labor market is slack, while other data suggests it's tight. Meanwhile, consumer spending is increasing as more people are getting the Covid-19 vaccine and easing back into “normal” life. Many economists expect economic activity to ramp up faster than payrolls, which could potentially cause bottlenecks and wage pressure. Today, we will explore why economists are anticipating this trend and what is actually going on with the labor market.
In the Information Age, information alone can make you very rich. Conversely, poor or mistaken information is a liability. Poor information creates poor people. One of the reasons so many people are struggling ﬁnancially is simply because they have obsolete, biased, misleading, or erroneous information powering their most powerful asset, their brain. Today it’s clearer than ever, the problem facing millions of people around the world is the lack of financial education being taught in our schools.
Vice-Chairman Charlie Munger ripped Bitcoin at Berkshire Hathaway’s annual meeting. Chairman and CEO Warren Buffett talked about inflation, which we touched on yesterday in the Rude. Buffett buddy Bill Gates and wife Melinda call it quits after 27 years of marriage.