Panama Papers revelations have stoked global outrage at the entitlement of the super-rich. The Current goes inside the minds of the one per cent and looks at how money can impact psychology. Here is a direct audio link.
For further complexion on growing up wealthy, Anderson Cooper and his mother, Gloria Vanderbilt, talk about their new book, “The Rainbow Comes and Goes.” Here is a direct video link.
In 2013 Copper explained to Howard Stern that he does not ‘believe in inheritance’ and is not a beneficiary in his mother’s will. Here is a direct audio link. Interesting perspective.
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Cory’s Chart Corner
Headline chasing algos need to do deeper dives...
h/t @hussmanjpJohn P. Hussman, Ph.D. @hussmanjpy'all realize the UK is only about 3% of U.S. trade, the U.S. already runs a surplus there, and the 10% U.S. tariffs will stay, right?
keep in mind that studies indicate U.S. consumers shoulder the majority of tariff incidence, with minor incidence to foreign countries____________________________
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