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Wall Street's Trillion-Dollar Bet On "Tax Alpha"
Wall Street's Trillion-Dollar Bet On "Tax Alpha"
Tax alpha — the practice of improving investment returns by reducing taxes — has become one of the fastest-growing strategies on Wall Street, according to Bloomberg.
Rather than focusing only on beating the market, many investment firms now design portfolios to minimize taxes, often producing higher after-tax returns even if pre-tax performance is similar to traditional strategies.
After years of rising markets, many wealthy Americans hold large unrealized gains in stocks and funds. To address the resulting tax burden, asset managers have developed a wide...
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May 14, 2026 / Tyler Durden
Biden FBI Quietly Hid Trump Prosecution Files For Potential Post-2028 Case
Biden FBI Quietly Hid Trump Prosecution Files For Potential Post-2028 Case
Authored by Luis Cornelio via Headline USA,
Another trove of newly unearthed Biden-era files suggest that the FBI attempted to retain purported evidence related to its prosecution of President Donald Trump until 2030 — when he would presumably be out of office.
The documents, reported Tuesday by Just the News, add to a growing body of records that have detailed the breadth of the aggressive actions targeting Trump, Republican lawmakers and conservative organizations connected to the 2020 election.
According to the report, the retention effort came as...
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Jun 10, 2026 / Tyler Durden
JPM Says US Defense Base Faces 'Evolve Or Die' Moment As Warfare Forever Changes
JPM Says US Defense Base Faces 'Evolve Or Die' Moment As Warfare Forever Changes
For several quarters, we have described the Trump administration's massive push to reshape the military-industrial complex, from DOGE-driven efforts inside the Department of War to reset the procurement process, to a broader pivot toward fast-moving "war unicorns," like Anduril, rather than bloated legacy defense primes.
The urgency of that transition is now capturing Wall Street's attention. JPMorgan analysts frame it as a major inflection point: America's defense industrial base must shift away from slow-moving, costly production...
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May 20, 2026 / Tyler Durden
Regulator Clears Environmental Review For Dow And X-energy Reactor Project
Regulator Clears Environmental Review For Dow And X-energy Reactor Project
The Nuclear Regulatory Commission (NRC) has completed its environmental assessment for the Long Mott Generating Station, a proposed four-reactor Xe-100 project at Dow’s Seadrift, Texas site.
📆 #NRCNews: We've completed our environmental assessment of the proposed Long Mott Generating Station ahead of schedule. https://t.co/aQ2Lf548Lx pic.twitter.com/MznwpfQjTz
— NRC (@NRCgov) May 18, 2026
The Long Mott project is backed by the Department of Energy’s Advanced Reactor Demonstration Program (ARDP). The four reactors are intended to supply power to Dow’s large chemical manufacturing operations, with the...
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