The SEC, in its munificence, is planning to allow more retail investors to be fleeced by private equity.
Recent Items
Thursday, May 22, 2025
New SEC Chief on Board with Letting Retail Chumps Invest in Private Equity Even as Pros Like Kuwait Sovereign Wealth Fund Sound Red Alert
Topics: Dubious statistics, Hedge funds, Investment management, Private equity, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 9:55 am | 8 Comments »
Links 5/22/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 132 Comments »
Thinking Being Offloaded to AI Even in Elite Medical Programs
The use of AI is severely degrading competence in advanced medical/biomedical degree programs in elite universities. Patients be warned.
Topics: Doomsday scenarios, Health care, Ridiculously obvious scams, Science and the scientific method, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 6:53 am | 39 Comments »
A Harbinger? Tech Jobs Plunge in San Francisco & Silicon Valley Brings Condo Prices Drop Back to 2015, Single-Family Home to 2018
Software hiriing has been falling for years, and is finally affecting the economies in its heartland, San Francisco and Silicon Valley.
Topics: Economic fundamentals, Guest Post, Real estate, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 6:44 am | 4 Comments »
Debating Trump “Ambush” of South African President With “White Genocide’ Lies
n the consternation over Cyril Rhamposa’s failure to rebut Trump’s disgraceful diversion tactics regarding of Israel’s Gaza genocide
Topics: Africa, Guest Post, Media watch, Middle East, Politics
Posted by Yves Smith at 3:24 am | 16 Comments »
Rising Seas From Fossil Fuels Threaten Inland Migration ‘Never Witnessed in Modern Civilization’
A new study in Nature looks at one of the baked-in effects from just our current level of temperature increases: mass migration.
Topics: Doomsday scenarios, Energy markets, Environment, Free markets and their discontents, Global warming, Guest Post, Politics, Regulations and regulators
Posted by Yves Smith at 9:55 am | 25 Comments »
Links 5/21/2025
Topics: Links
Posted by Yves Smith at 6:55 am | 179 Comments »
Whither mRNA Therapeutics Under the Current Regime and Beyond?
One of the more remarkable things I have ever seen has been the demonization of the middle component of the Central Dogma of Molecular Biology in the past four years. The Central Dogma was formulated in late-1950s by Francis Crick, co-discoverer of the double helix structure of DNA with James D. Watson: DNA makes RNA […]
Topics: Guest Post
Posted by KLG at 6:50 am | 50 Comments »
Ideology-Driven, Inflationary Trump Tax and Tariff Policies Losing War With Bond and Currency Markets
ump’s trade, tariffs and tax schemes are already starting to come apart. And he seems to have no Plan B.
Topics: Banana republic, Dubious statistics, Economic fundamentals, Free markets and their discontents, Globalization, Income disparity, Investment outlook, Macroeconomic policy, Politics, The destruction of the middle class
Posted by Yves Smith at 5:55 am | 25 Comments »
“Updating the Constitution”
On changes in the US governing regime, depicted as revisions to the Constitution.
Topics: Free markets and their discontents, Guest Post, Income disparity, Legal, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 4:22 am | 28 Comments »
Coffee Break: Armed Madhouse – Missile Misfit
There are 400 nuclear missile silos in the central United States that constitute the land-based component of the U.S. nuclear deterrent. The Minuteman III missiles in the silos are roughly 50 years old. Although they have been repeatedly upgraded over the years, the Air Force decided a replacement should be developed. The new missile under […]
Topics: Coffee Break
Posted by Haig Hovaness at 2:00 pm | 37 Comments »
Chemical Exposure from Ultra-Processed Foods May Contribute to Health Issues
Another line of thought on why consumption of ultra-processed foods is correlated with poor health outcomes.
Topics: Guest Post, Health care, Science and the scientific method, Technology and innovation
Posted by Yves Smith at 9:55 am | 43 Comments »
Links 5/20/2025
Topics: Links
Posted by Yves Smith at 6:58 am | 133 Comments »
Russia’s Attritional Approach to Ukraine Negotiations Shows Gains in Trump-Putin Phone Call
Despite the tendency to see the Trump-Putin call as a nothingburger, it added to the exposure of uncomfortable truths for the West.
Topics: Doomsday scenarios, Europe, Politics, Russia
Posted by Yves Smith at 6:57 am | 68 Comments »
Is UK Creating a Giant Bonanza for Hackers and Nation-State Adversaries With Its “One Login” Digital Governance System?
The government’s cavalier approach to security for its digital governance and identity systems should be enough to give all UK citizens pause — if only they knew about it!
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 24 Comments »