A tariff is not a tax

Yet again, the SCOTUS punted on the legality of Trump’s tarrifs. Polymarket is giving a 30% likelihood of a favorable ruling: “Supreme Court rules in favor of Trump’s tariffs?” This market will resolve to “Yes” if the Supreme Court of the United States issues a decision that reverses, vacates, or otherwise overturns the U.S. Court… Continue reading A tariff is not a tax

The Daily View 1/12/2026: Bitcoin Party is Over, IQ Threshold Effects, ‘MAHA’ food guidelines

Item #1: Excellent article by akarlin The Party’s Over: Many influencers are targeting $130,000-140,000 for Bitcoin and additional multiples for their favorite altcoins. I think that macro and the charts are bearish. After holding my Ethereum and other alts for two years, I will now disclose that I have sold most of my crypto portfolio… Continue reading The Daily View 1/12/2026: Bitcoin Party is Over, IQ Threshold Effects, ‘MAHA’ food guidelines

“Why are white-collar jobs so resilient , even with AI?”

Every year brings new predictions of AI rendering large swaths of white-collar jobs obsolete. Or falling salaries for white-collar workers due to AI. Or a video will go viral of a business mogul–be it Tesla CEO Elon Musk, Anthropic CEO Dario Amodei, or Ford CEO Jim Farley–predicting mass-layoffs of white-collar jobs, or how automation will… Continue reading “Why are white-collar jobs so resilient , even with AI?”

Coffeezilla: the most overrated scam investigator

Stephen Findeisen, known online as Coffeezilla, gained popularity in 2022 as a YouTuber who exposes crypto scams. Given that there are no shortage of scams, his channel quickly found an audience, with 4.4 million subscribers as of 2026. The combination of his suspenders and no-nonsense demeanor lends him the credibility of a reformed Gordon Gekko–an… Continue reading Coffeezilla: the most overrated scam investigator

U.S. Strikes Venezuela, Maduro Deposed: My thoughts

I was going to write about California’s proposed wealth tax, but with the breaking Venezuela news, that will have to be postponed. In hindsight, it’s little surprise that the Trump administration attacked Venezuela. He had been signaling action throughout December and finally pulled the trigger around the New Year. Too bad, I didn’t mention this… Continue reading U.S. Strikes Venezuela, Maduro Deposed: My thoughts

Yarvin: the Trump window has closed

I saw this going viral on Twitter: Curtis Yarvin argues, in his latest Substack piece, that the window of opportunity for the Trump administration to conduct a regime change of the federal bureaucracy has closed, and as a consequence no meaningful, long-term change will come out of the administration. Follow:… pic.twitter.com/f6orbmiM3T — AF Post (@AFpost)… Continue reading Yarvin: the Trump window has closed

Predictions for 2026

Once again, it’s time for the New Year’s forecasts. Economics and Finance This is actually the easiest to forecast despite the common assumption that markets are hopelessly or unpredictably random or efficient. There are patterns which are easy to exploit. Dips in the stock market tend to be brief. The market quickly recovers whenever Trump… Continue reading Predictions for 2026