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Institutional Investor (April 4)

2018/ 04/ 06 by jd in Global News

On February 5, after a placid 2017, “the VIX surged from the previous trading day’s close of 17.3 to 37.3…the largest daily percentage increase in the three-decade history of the index, more than doubling in one day.” Some investors have been overreacting to the detriment of performance when they should be simply tuning out the noise. “Volatility can create a risk: that we reduce our market exposure at the point of maximum psychological pain; in other words, we sell at the bottom…. Sometimes the best thing we can do is simply nothing.”


Los Angeles Times (March 16)

2017/ 03/ 17 by jd in Global News

With his proposed budget, President Trump “would slash education, research, foreign aid and many domestic programs to make room for one of the biggest military buildups in history.” The proposal is unlikely to gain traction. “It’s such a Draconian approach and would inflict so much pain on lawmakers’ constituents — especially in Red State America — that Congress is expected to ignore most of Trump’s proposal.”


New York Times (November 6)

2015/ 11/ 07 by jd in Global News

“Support for making marijuana legal is increasing around the world, and that is a good thing…. Laws banning the growing, distribution and possession of marijuana have caused tremendous damage to society, with billions spent on imprisoning people for violating pointlessly harsh laws.” Moreover, “marijuana is far less harmful than alcohol and tobacco, and can be used to treat medical conditions like chronic pain.”


Institutional Investor (January 6)

2015/ 01/ 07 by jd in Global News

Amid “slowing global growth concerns and plummeting oil,” Russia has become a “cornered bear.” Food shortages and other anecdotal evidence suggest the domestic economy is crumbling and “that the pain is far from over.” Putin’s chances of finding “a solution that can provide economic relief while allowing him to save face” are looking “increasingly slim.”


The Wall Street Journal (September 11)

2011/ 09/ 12 by jd in Global News

Remembrance ceremonies were held around the United States to honor those who fell 10 years ago. “For such loss, the 9/11 ceremonies yesterday lifted the national spirit. It wasn’t easy.” September 11 remains a day of great pain and profound loss, but “10 years have washed away the worst of that morning and kept the best, an indomitable national spirit.”