The Best Investors are Obsessed with Losing

The Best Investors are Obsessed with Losing

Monday, March 23, 2026 The primary goal of investing is to avoid catastrophic losses. And yet, markets attract the most participants at the peak of a bull run. Obviously, no trading strategy calls the exact top of a bull market. Peaks will pass and only hindsight will...
Could the U.S. Default on its Debt?

Could the U.S. Default on its Debt?

Monday, March 16, 2026 Our government has been on an insane spending spree ever since the pandemic, borrowing $22 trillion and doubling the national debt in six years. Even after Republicans gained control of Congress and the presidency, the deficits continued. We’re...
Consumers Pay All Production Costs

Consumers Pay All Production Costs

Monday, March 9, 2026 Inflation is returning to the U.S. We can thank trade wars and huge government deficits for crushing the bond market. Resulting higher interest rates then crush the stock market, which is worth more than 200% of economic output and trading at...
A Super Trend Predictor

A Super Trend Predictor

Monday, March 2, 2026 During Super Bowl 60, there were more multimillion-dollar commercials broadcast for AI (15) than points scored by the losing team, the New England Patriots (13). AI either created or was the focus of 23% of the ads for America’s most...
The Next Argentina

The Next Argentina

Monday, February 23, 2026 We know we should avoid trivial debt. But times are odd and hyperinflation makes borrowing heavily a viable path to maintaining wealth. That’s why you want to consider borrowing cheaply and putting the money into assets that won’t...
The Spending Will Never Stop

The Spending Will Never Stop

Monday, February 16, 2026 I’ve talked about how tariffs are taxes. I’ve also talked about how consumers pay all taxes, directly or indirectly. I’ve also mentioned how when it comes to the federal government, spending will never stop. Recent data backs it up....