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Supreme Court To Decide Whether Colorado Can Deny Funding For Catholic Preschools
Supreme Court To Decide Whether Colorado Can Deny Funding For Catholic Preschools
The U.S. Supreme Court has agreed to hear St. Mary Catholic Parish v. Roy, a significant religious liberty case that pits Colorado’s universal preschool funding program against Catholic schools’ faith-based admissions and operational policies.
Earlier this week, the Court granted certiorari in an unsigned order (no dissents noted), limiting review to two questions from the petitioners’ November 2025 petition. Arguments are expected in the Court’s October 2026 term.
The Supreme Court building in Washington on April 13, 2026. Madalina Kilroy/The...
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Jul 26, 2026 / Kyle Anzalone
NYT: Trump Holds Off on Ordering Major Escalation in Iran War
US officials said that President Donald Trump decided to hold off on ordering an escalation in the war against Iran. Last week, The New York Post and Axios reported that President Donald Trump was closing in on a decision to authorize a major attack on Iran. It is unclear what the operation would involve, with […]
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Jun 27, 2026 / Tyler Durden
Friedman Was Right, Just Mostly Misquoted...
Friedman Was Right, Just Mostly Misquoted...
Authored by Lance Roberts via RealInvestmentAdvice.com,
Milton Friedman’s famous one-liner that anchors half the inflation debates on financial television leaves out the part where the actual economics live. Once you put it back in, the doomist case gets a lot smaller.
Per Bylund recently wrote a sharp piece for The Daily Economy arguing that CPI and GDP have become Goodhart’s Law in action. When a measure becomes a target, it ceases to be a useful measure. He has a point, and we’ll come back to it....
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Mar 6, 2026 / Tyler Durden
What If The Automatic Stock Buying Just...Stops?
What If The Automatic Stock Buying Just...Stops?
Submitted by QTR's Fringe Finance
My readers know that for the last couple of years I’ve repeatedly warned about the “passive bid” in markets. By that I mean the constant, automatic buying of stocks driven by retirement plans, ETFs, and other systematic investment programs.
This bid isn’t discretionary. It doesn’t ask whether valuations are reasonable and it doesn’t care whether earnings justify prices. It simply asks one question: did money flow in? If the answer is yes, it buys. It buys regardless of valuation, regardless of...
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