How can the US re-open the Strait of Hormuz? That is the $64,000 question for investors today and the Trump administration so far doesn't... Read More
The federal government was told 15 years ago to take a full, annual inventory of everything it does. It’s never been able to get that done. Read More
An attempt to wake Americans up. Read More
A balanced federal budget in the United States is consistent with a massively bloated government operating well beyond its constitutional... Read More
A huge loss in jobs is a reminder that Trump’s policies have stifled economic growth all year, and the Iran war will only make things worse. Read More
Last Friday, the US Bureau of Economic Analysis (BEA) slashed Q4 GDP growth in half after revisions, freaking many out. Predictably, it fed a... Read More
Standing for Delivery. The easy answer to where the silver went. And then the harder one. Read More
The vital Gulf oil hub has been untouched so far by US attacks Read More
Are rising oil prices good or bad for the economy and stock market? Read More
The Federal Reserve is facing enormous pressure to cut interest rates. The U.S. and Israel are conducting an active military campaign against... Read More
Overcorrection is a well-documented behavioral risk: respond to one mistake with excessive force in the other direction and you create a... Read More
The renewal is the result of an executive order by President Donald Trump. Read More
Can a state that suppresses intellectual freedom tolerate the open inquiry that AI innovation ultimately requires? Read More
At the start of the 2008 financial crisis, I was at a hedge fund. By its end, I was at the U.S. Treasury. At both, I worked with people only... Read More
The Pentagon is recruiting from Goldman Sachs, JPMorgan, and other prominent Wall Street players to staff “investment teams” at... Read More
Bubbles are characterized by high net equity issuance (the Third Horseman of the Bubble Apocalypse) including IPO waves. Read More
The S&P 500 appears relatively calm on the surface this year, but dig a little deeper and you'll find some wild swings. Read More
Most people have piled their savings into tax-deferred accounts, delaying taxes until they retire. Using Roth options can help ease your tax... Read More
Technology is sucking the glamour out of the economy Read More
Anti-chain animus is receding. Read More
Scarcity of creation and scarcity of distribution have been replaced by a surplus of both. Read More
New and existing homeowners live in different worlds Read More
A hypothetical portfolio of the largest active US stock funds’ collective holdings would have beaten the funds themselves. Read More
Last week, Vanguard reached a $29.5 million settlement with the Texas Attorney General and a coalition of states over allegations tied to... Read More
The potential for economic aftershocks won’t provide clarity for the Fed’s calculus anytime soon. Read More

Most people have piled their savings into tax-deferred accounts, delaying taxes until they retire. Using Roth options can help ease your tax bite.... Read More
Overcorrection is a well-documented behavioral risk: respond to one mistake with excessive force in the other direction and you create a second, often larger error. In 2021, Federal Reserve officials misread the inflation signal. Their models said supply disruptions would resolve and prices would fall on their own. They were wrong, and the costs were real. The lesson the institution drew: do not m... Read More