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The Forgotten Path to Prosperity

"When unnecessarily intrusive policies, laws, and regulations restrict our ability to be productive, incentives are diminished. Without proper incentives, productivity falters and the wealth and prosperity of a nation suffers."

What Could Possibly Go Wrong? - Why This Time Is Not Different

In the 1990s, stocks continued to rise relentlessly for years, even after then Fed Chair Greenspan warned of irrational exuberance in late 1996.  Last decade, the rally in home prices continued as ever more people appeared convinced that home prices never fall.  This time around, we are eight years into a bull market. As in those times, investors have all but given up betting against conventional wisdom...but this time is not different...

Creative Destruction Versus Government Fixes

"...in real capitalism, overcapacity and too much debt could have been prevented by periodic cleanups - what Austrian economist Joseph Schumpeter called “creative destruction." ...The problem is that, since the early 1930s, nobody ever tried to do this because the political and social impact of that scenario would have been devastating."

Watch Live: Donald Trump Hosts Town Hall With Business Leaders

Trump is hosting a town hall meeting at the White House to discuss the "American Business Climate", where dozens of high-profile CEOs will discuss business-related topics. The nearly 2 hour meeting is an "opportunity to discuss policies to create a pro-business climate with top Partnership CEOs from all industries."

Margin Debt Hits New Record High But Analysts Say "Don’t Worry"

"This isn’t a signal to me that markets are reaching an exuberant level like they did in the 1920s or 1990s, when speculation was rampant.  What our clients are doing is borrowing against the portfolios because interest rates are so low. They’re not leveraging up because they see the market exploding to the upside; they’re using leverage because they can pay it off at any time.”

Mobileye Shares Soar On Intel Acquisition, Citron Shorts Crushed

Intel has agreed to buy Israeli technology firm Mobileye for $14-$15 billion according to a report in Israeli financial newspaper TheMarker, sending MBLY shares soaring over 30% higher premarket. An official announcement of the acquisition, the largest ever for an Israeli high-tech company, is expected later on Monday, TheMarker reported on its website.

SEC Said To Decide On Bitcoin ETF By Friday

The SEC has a March 11th internal deadline, Coindesk reported, to decide on the proposed rule change that would clear the way for the ETF, which would be the first of its kind. However, as the 11th falls on a Saturday, that decision will come before that date, "potentially before Friday",