Articles

  • 2 weeks ago | wsj.com | Andy Kessler

    GPS and 3-D imaging can make the skies safer even before old tech is retired. After equipment failures, Transportation Secretary Sean Duffy is limiting the number of flights in and out of Newark Liberty International Airport, telling “Meet the Press,” “Listen, the system is old.” Ya think?

  • 3 weeks ago | wsj.com | Andy Kessler

    Reagan’s free-market views are said to be passé. So is McKinley in the avant-garde? RIP free markets. Because of tariffs, Ford is raising prices. Toy maker Mattel is too. Treasury Secretary Scott Bessent told Fox News, “We don’t want to decouple—what we want is fair trade.” President Trump was nice enough to define what “fair” means: “Children will have two dolls instead of 30 dolls.” This is Economics 101 of the New Right. It’s infectious.

  • 1 month ago | wsj.com | Andy Kessler

    What America needs: zero tariffs, a robust dollar, deregulation and reduced tax rates. Harvard is educating us all—on what’s ailing Wall Street and the U.S. economy. Facing the freeze of $2.2 billion in federal grants, Harvard is selling $750 million in bonds, for a total of $1.2 billion this fiscal year. But with a $53 billion endowment, why incur debt? Liquidity. Harvard, like too many universities, followed Yale’s lead and piled its endowment into long-term private equity—now 39% of its portfolio.

  • 1 month ago | wsj.com | Andy Kessler

    The dominos didn’t topple far or for long, but America still bears costs at home. Ho Chi Minh City, VietnamThis week will see another Liberation Day—in Vietnam. I walked along the parade route leading to the former Presidential Palace, now Reunification Palace. Artillery guns are lined up along the Saigon River to celebrate the victory on April 30, 1975—50 years ago Wednesday. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved.

  • 1 month ago | wsj.com | Andy Kessler

    Everybody’s folding, from Trump and Democrats to law firms and universities. The White House claims that phones were “ringing off the hook” with countries caving to President Trump’s reciprocal tariffs. Meanwhile, the bond market backed up and stocks sold off until Mr. Trump folded like a cocktail napkin by pausing most reciprocal tariffs. Ukraine has signed a memorandum of understanding leading toward a mineral-rights deal. So much folding. We’re having an Origami moment.

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Andy Kessler
Andy Kessler @andykessler
24 Apr 25

RT @Mayhem4Markets: The memes are so lit right now 🤣 https://t.co/1Ex7WHCCAb

Andy Kessler
Andy Kessler @andykessler
23 Apr 25

RT @alifarhat79: 🤣🤣🤣 https://t.co/BNm5FA8fgf