Las Vegas

High Prices And Zombie Housing

This strange brew of limited sale inventory, rising prices and yet three months of vacant inventory being ransacked by squatters is not how markets work, unless manipulated by government.

Frontrunning: November 10

  • Trump Declares New World-Trade Order (WSJ)
  • Trump brings tough trade message in vision for Asia (Reuters)
  • Trump Offers Trade to Asian Nations But Only If They Play Fair (BBG)
  • Flynn Probed Over Alleged Plan to Send Back Turkish Cleric (WSJ)
  • GOP’s Dueling Tax Overhauls Struggle to Pass a Key Red Ink Test (BBG)

America's Extreme Social Fragmentation Exposed In 3 Simple Charts

"... the internet, social media, and the media we consume on TV have allowed us to live in echo chambers where we are not really hearing much from the other side. We talk to people who think like we do and who tend to confirm that we are correct in our beliefs. That constant cycle of reinforcement makes our positions even more hardline, to the point where we trivialize or disparage the other side..."

Why Has The Las Vegas Massacre Disappeared From The News Cycle?

"Compare the massacre in Vegas to the terrorist attack yesterday in New York. Within hours, we knew the name of the terrorist, had a picture of him, had his history as a refugee in the U.S. under a 'diversity visa, and had a note declaring allegiance to ISIS. We have timelines and what the terrorist was doing in the hours, days before the attack... yet in the case of Stephen Paddock, nothing..."