There's a gale of self-congratulation blowing today. We think that yesterday's heroes are today's traitors and terrorists...but what will tomorrow's saints think of us?
The U.S has broken into a battle of the gods: on one side are the gods of the red states, and on the other side are the gods of the blue states.
The self-proclaimed 'richest nation on Earth' is increasingly becoming the developed world’s poor relative as far as the actual living standards go.
In June, we entered the ninth year of economic expansion. Next month brings us to 99 months without a recession. A recession cannot be far off.
Cryptos may become the coin of the realm. We may one day worship them as we revere the dollar today. Or maybe not...
Cryptos are not an investment or a reliable form of money. They are still just an experiment. A work in progress. Early adopters could get rich… or get wiped out.
According to our sources, cryptos are the most important financial innovation since King Croesus minted the first gold coin nearly 3,000 years ago.
There are now more than 800 different cryptocurrencies competing for our business...and we do not understand them. But maybe we don't have to...
The number of cyberattacks stands to grow exponentially in the next few years, and companies capable of defending against these attacks have the opportunity to profit immensely.
Nothing that we didn’t already know. Chávez – a self-proclaimed Trotskyist – destroyed the real economy of the country.
We are literally just weeks from a thundering crisis over the debt ceiling and continuing resolutions for fiscal year 2018 that will hit the casino like a ton of bricks.
The market goes up and it goes down… apparently at random. But over the long run, it follows patterns that you can only see from a distance.
Marriages often fail. Even the best of them have their depressions and wars...and yet we keep at it. Is this ancient institution a social construct is there something much deeper happening?
JPMorgan Chase has banned cash payments for credit card debt, mortgages, and car loans. It has also banned the storage of “any cash or coins” in safe deposit boxes.
Today, the ordinary U.S. citizen enjoys the circus in Washington… but he sells himself into debt slavery just to maintain his standard of living. He gets student loans to get through college, believing this will increase his income later on.
With all the hullabaloo in Washington, it’s highly unlikely that the pols could pass a serious program of tax, regulatory, and spending reform – even if they wanted to. That leaves the “reflation trade” – aka the “Trump bump” – orphaned 10
Maybe these dogs will turn out to be good investments. Maybe not. But by our reckoning, they are safer bets than the pampered pooches of North America.
LAUSANNE, SWITZERLAND – One of the most remarkable conversations on finance we’ve ever had happened here in Lausanne yesterday.“You mean it costs as much to put money on deposit at a bank as it does to borrow it?”We asked the question to a colleague
The future is our subject: Unpredictable. Full of slipups. Nevertheless, there are two things we know about it. First, tomorrow deeply affects today. Second, it probably won’t be that different after all.
Subprime auto defaults is soaring. Student loans stand at $1.4 trillion, double what it was in 2009. Alas, debt has cast a dark shadow over America's young people, and according to the New York Fed, the consequences extend far beyond them...
It will be a spectacle worthy of WWE wrasslin’. Posturing. Buffoonery. Threats. It’s coming in September, and we can’t wait to see it. And we offer a prediction: There will be a lot of ale spilled on the floor before it gets fixed...
The Senate took up its sacred work of getting re-elected this week. On and off camera, however, the pols face two great threats to their jobs: the zombies, and the Deep State cronies...
There are about 200 million working-age Americans, and half of them do not have real jobs. Of those that do work, we estimate that about 25 million would not work if the feds didn't exist. That leaves 75 million workers to support a nation of 330 million. See
Making money in cryptos is different than making money in stocks. Many of you will lose your shirts because you're looking for the next "big deal", but as I've shown you, owning the platform isn't how you make the money...