May Stories of Note

Here are some of the writings that caught our attention this month:

• Nick Maggiulli reviews market performance during election years. He also provides this interesting chart showing that US stocks have tended to rise over time, regardless of which party held power:

• Noah Smith argues that British critics of US tariffs on China have missed the point—while there are significant economic concerns associated with tariffs, a critique of US trade policy needs to acknowledge and address the national security rationale underpinning that policy.  Smith also discusses the potential impact of the recently announced US tariffs on Chinese electric vehicles and other products.

• The US Department of Veteran Affairs provides a history of Memorial Day.

• Nicholas Slayton memorializes Bud Anderson, the last World War II ‘triple ace’, who died earlier this month.

• Barry Ritholtz supplies a backdrop to the current state of economic affairs—from the Financial Crisis to COVID, labor market tightness, and heightened inflation.

• Nir Eyal writes about the importance of being ‘indistractable’.

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