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The Pessimism Machine

The Pessimism Machine

The headlines paint a gloomy picture of the American economy, King Dollar, AI, and the Fed. But the numbers tell a very different story.

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The Divide Widens

The Divide Widens

The RCM/TIPP Economic Optimism Index rose 0.5 points to 45.6 in September, its best reading since March. The gain came almost entirely from investors, and the confidence gap between investors and everyone else is now the second-widest on record.

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Utopian Net Zero Just Got Riskier

Utopian Net Zero Just Got Riskier

First, it is possible that every U.S. corporation could meet its net-zero commitments and yet have no impact on global warming so long as other countries keep emitting greenhouse gases.

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