Detroit

"Pizza Price Parity": Where Is Pizza Most And Least Expensive In America?

Between 2007 - 2010, a USDA study estimated that 1 in 8 Americans ate some form of pizza on any given day. That number climbs to about 1 in 4 for males and 1 in 5 for females when looking specifically at Americans age 12 to 19. There’s no escaping it; pizza is engrained in our diets. Pizza is not only a pillar of the American diet, but also of our culture.

Think Gentrification Is Bad? The Opposite Is Worse

"it's important to remember that there is a fate far worse than gentrification. This occurs when people move out of a neighborhood or city - and no one wants to move back in... We might call this de-gentrification and it can be devastating for those left behind in these communities..."

Frontrunning: September 12

  • Trump Plans Aggressive Road Show to Sell Tax Overhaul (BBG)
  • Trump to weigh more aggressive U.S. strategy on Iran (Reuters)
  • Florida Turns to Recovery as Irma Moves North (WSJ)
  • What to Expect at Apple’s Biggest Event in Years (BBG)
  • A $150 Billion Misfire: How Forecasters Got Irma Damage So Wrong (BBG)

Weekend Reading: Harvey & The Broken Window Fallacy

"... the reality is we are very late in the current economic cycle. Just like in 2008, it was well after the fact, when the economic data was negatively revised, the recession became clearly evident. Given the deterioration is credit, the rise in delinquencies and plunge in savings rates, the economic back drop is likely far weaker than headlines currently suggest. While Harvey may extend the current cycle for a little while longer, I would not get overly complacent with highly aggressive allocation models. Like I said, there is no free lunch."

Frontrunning: August 30

  • Harvey Forces Thousands to Seek Shelter (WSJ)
  • Damage From Harvey Rising by the Hour Amid ‘Apocalyptic’ Flooding (BBG)
  • Houston’s Economic Heft Gives City Means to Recover From Harvey (WSJ)
  • Why Trump Didn’t Tweet About Latest North Korea Missile Launch (BBG)
  • Stocks Rebound as Korean Fears Abate; Gold Steady: Markets Wrap (BBG)

Frontrunning: August 23

  • Trump Tries to Recharge His Base in Arizona Rally (WSJ)
  • Trump Threatens Government Shutdown Over Border Wall Funding (BBG)
  • Trump defends response to Charlottesville violence (Reuters)
  • Trump Assails Media in Angry Defense of Charlottesville Response (BBG)
  • North Korea presses rocket program, but amid signs of drama easing (Reuters)