Goal of the Jones Act: national security resilience, economic self-sufficiency, maritime labor force.
Reality of the Jones Act: Tiny non-defense shipbuilding industry and labor force that is irrelevant to wartime logistics. Higher prices on intermediate and consumer goods.
Goldman's latest (still very early) analysis of tariff effects thru June 2025:
-Foreign exporters absorbed 14% of US tariffs
-US companies ate 64%
-US consumers ate 22%
-Protected US companies also raised prices
-Consumers will see bigger price increases (70%) thru the Fall
Cagada máxima de Visma q con tres top ni estrategia ni ataques previos, se la juegan al sprint y zasca N. Powless se lleva la victoria. Pa echarse a llorar #DDV25
Qué salvajada lo que acaba de hacer Neilson Powless. Se metió en la fuga y luego fue el único que aguantó el tren de Visma cuando llegó como un ciclón. Ganó A través de Flandes demostrando unas piernas formidables y reventando a Van Aert al sprint. Enorme #DDV25
#DDV25 🇧🇪 / 🇺🇸 NEILSON POWLESS (EFE) CRUCIFIE LES VISMA LEASE A BIKE ! Il domine les trois Visma-Lease a Bike dont 🇧🇪 Wout van Aert (TVL) qui a retrouvé ses meilleures jambes.
MAIS COMMENT C'EST POSSIBLE ? #LesRP
Estate planning lawyers discuss steps for incapacity and diminishing-capacity planning, proactively protecting assets and finances, and avoiding guardianship. #dementia#guardianship#EstatePlanning#ACTEC
https://t.co/oIwYVkptd4
Estate Settlement is one of the most feared parts of wealth transition. It is where trust and estate planning meet their first real test- usually when a will is put in front of the probate court system.
cc: @abnormalreturns@jennyrozelle@MRHesq
https://t.co/fDei3KEiuT
A few years back when I was a full-time employee of Stanford, one of my family members needed an operation and Blue Cross Blue Shield refused to cover it. I spent hours in a Kafkaesque dance with BCBS bureaucrats debating medical issues and trying to explain our case. At 1/
This week on the #podcast, I chat with @ACTECNEWS Fellow Matt Hochstetler about the basics of ILITs. We explain what these trusts are, why they are useful, Crummey provisions, and creative planning with life insurance. Enjoy!
https://t.co/pkG17kftpO