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19 votes
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The hater's guide to the AI bubble
66 votes -
Novo Nordisk shares plunge 20% after Wegovy maker names new CEO and cuts full-year guidance
10 votes -
Jane Street barred from Indian markets as regulator freezes $566 million over Nifty 50 manipulation claims
28 votes -
How does tiny Denmark defy the odds to become one of the richest nations?
7 votes -
EU needs single regulatory framework and to break down fragmentation across its business, tax, debt issuance and securities law systems, according to Norway's sovereign wealth fund
15 votes -
Klarna’s losses widen after more consumers fail to repay loans
38 votes -
Novo Nordisk CEO Lars Fruergaard Jørgensen steps down amid growing competition for weight loss drugs
11 votes -
Can you run a company as a perfect free market? Inside Disco Corp.
15 votes -
The stock market loves Bitcoin
9 votes -
You are witnessing the death of American capitalism
36 votes -
Does anyone want to talk about stocks/options?
Just curious since the recent DeepSeek panic. What do you like? Companies/ETFs? What do you do? Buy and hold/Trade/Options (Calls/puts, LEAPs, spreads)? What areas do you think will see massive...
Just curious since the recent DeepSeek panic.
What do you like? Companies/ETFs?
What do you do? Buy and hold/Trade/Options (Calls/puts, LEAPs, spreads)?
What areas do you think will see massive change (gain/loss)?
Pretty sure this is my first or second topic post, so apologies if the opener is too short.
34 votes -
Norway's sovereign wealth fund posted a full-year profit of $222.4 billion – returns were driven by the AI boom that drove tech stocks higher in 2024
7 votes -
Nvidia’s $589 billion DeepSeek rout is largest in market history
37 votes -
Why global bond markets are convulsing
7 votes -
US mortgage rates back to 7%
26 votes -
Norway's $1.8 trillion wealth fund issues stock market warning – heightened uncertainty and concerns over the economic outlook mean that stock market risks are tilted to the downside
9 votes -
Dow Jones drops 864 points, and Japanese stocks suffer worst crash since 1987 amid US economy worries
50 votes -
Japanese stocks rebound after global sell-off; US futures edge up
19 votes -
ETF’s are eating the bond market
18 votes -
Does market failure justify government intervention? (with Michael Munger)
5 votes -
Berkshire was too cheap, then too pricey
9 votes -
We live in a system of capitalist oligarchy
35 votes -
Experimental real property tax basis-set rate based on usable area per person
Random thought. What if we taxed property based on the area per person of the property, as opposed to sale value? Edit and quick intro to those who mostly rent: most real property in the US,...
Random thought. What if we taxed property based on the area per person of the property, as opposed to sale value?
Edit and quick intro to those who mostly rent: most real property in the US, especially residential property, is taxed yearly based on some variation of something called "fair market value," usually assessed by a local tax assessor's office
I'm proposing that a property would be taxed for every square meter of space per person in the designated property unit. It can't be totally simplified, but should be fairly straightforward. There could also be progressive brackets. It might not make make sense to apply it strictly per person, but rather for a typical use. That is, we would assume "single family residential" properties to house 3.4 (totally made up number) people per house and property.
The goal of this is to find a fair, market-driven incentive to build density into urban cores.
A similar approach could be applied to commercial space (but probably not industrial).
It could be coupled with a sales tax (currently missing in most real property tax regimes, at least in the US) to capture runaway property valuations in certain jurisdictions.
Alternatively, we could drop the property value based tax rate (but not eliminate it), and then add a per person-area surcharge.
It's not meant to increase revenue, although it could certainly be used that way. It could also be use to decrease revenue, and maybe that would be a good way to sell it. But at the end of the day, developers and residents would both have an incentive to pursue as dense development as possible, even if there is not a density driving pressure of desirablity, which only exists in a few really cool urban cores.
8 votes -
The US Federal Reserve fears a bond meltdown
6 votes -
Cocoa price swings are the craziest since the 1970s
14 votes -
US Federal Reserve’s Jerome Powell ready to support job market, even if it means lingering inflation
7 votes -
Why small developers are getting squeezed out of the housing market
18 votes -
(Former Morgan Stanley chair) Stephen Roach: It pains me to say Hong Kong is over
17 votes -
US markets get ready for risk-free Federal Reserve arbitrage trade to expire
4 votes -
Can Denmark's world-beating drugs maker Novo Nordisk stay ahead after Wegovy propelled them into the big league?
8 votes -
"The secretive industry destroying the economy" (it's private equity)
16 votes -
‘Winning requires hard work’: Wayfair CEO sends employees a gloomy pre-holiday email following layoff-filled year
27 votes -
A banking relationship, dementia and a loss of $50 million dollars lead to a US lawsuit against JP Morgan
3 votes -
In the wake of substantial growth, Novo Nordisk's stock price climbs to near-peak levels – investors are asking whether the stock is now hovering in overvalued territory
6 votes -
According to Internal Revenue Service leaked US data Warren Buffett sometimes privately traded stocks that Berkshire Hathaway was buying and selling
14 votes -
Klarna reports first quarterly profit in four years – swing to profit of £9.6m by Swedish firm improves its fortunes in run-up to possible £12bn flotation
9 votes -
Norway's $1.4 trillion sovereign wealth fund, the world's largest, on Tuesday reported losses of 2.1% in the third quarter, as all asset classes fell in value
10 votes -
Investors can't get enough US debt as Treasury bills are bought at a record pace
16 votes -
Bank of America has $100B in unrealized losses
9 votes -
Social media as a bank run catalyst
8 votes -
A theme park crisis is wrecking South Korea’s bond market
3 votes -
Inside the crypto black markets of Argentina
4 votes -
How prisoners in America got into stocks
14 votes -
The stock market kinda wants a recession
10 votes -
I lost $400,000, almost everything I had, on a single Robinhood bet
13 votes -
The secondary market in gift cards
8 votes -
Quarter shortage creates a two-bit black market in coin-operated Seattle
11 votes -
The Bigger Short. How 2008 is repeating, at a much greater magnitude, and COVID ignited the fuse.
11 votes -
GameStop, AMC extend rallies, gouging short sellers
6 votes