Friday news drop
Super Bowl LV Prediction: Why the Chiefs Will Beat the Buccaneers No one has won more Super Bowls than Tom Brady, but in a high-scoring game, Patrick Mahomes has a slight advantage. (New York Times)
Why the Tampa Bay Buccaneers will win Super Bowl LV Ahead of Super Bowl LV between the Kansas City Chiefs and Tampa Bay Buccaneers, Sportsnet writers will break down why each team can win the Lombardi Trophy on Sunday. (Sportsnet)
The Terrifying Warning Lurking in the Earth’s Ancient Rock Record Our climate models could be missing something big. (Atlantic)
A call to arms Inside Canada’s impossibly high-stakes rush to lock down tens of millions of doses of the most sought-after product on Earth (Mclean’s)
Study: 50 years of tax cuts for the rich failed to trickle down London School of Economics and King’s College study examined 18 developed countries over a 50-year period from 1965 to 2015. The study compared countries that passed tax cuts in a specific year, such as the U.S. in 1982 when President Ronald Reagan slashed taxes on the wealthy, with those that didn’t. The economic outcomes including per capita gross domestic product and unemployment rates were nearly identical after five years in countries that slashed taxes on the rich and in those that didn’t. (CBS News)
The Best Way to Manage Sequence of Return Risk For retirees, it’s important to remember it’s not the overall returns that matters as it is the order in which you receive those returns. The problem facing investors is no one knows in advance whether they’ll have good luck or bad luck on the timing of their retirement. A bear market at the outset could severely dampen your ability to spend while a bull market could actually improve your standing. (A Wealth of Common Sense)
Stonks Are Bonkers, and Other Lessons From the Reddit Rebellion A tendies-fueled fever upended finance, albeit briefly, and left normies hugging index funds. The serious money is still going long. (Businessweek)
Who’s Winning the GameStop Game? Hedge funds, Roaring Kitty, a price update and Robinhood skill (Bloomberg)
