The Market Uptrend was Broken

The Market Uptrend was Broken

Monday, April 20, 2026 Unless you own a lot of energy stocks, the recent past has probably been bad news for your portfolio. Oil prices are higher and the energy sector, once again, has been the biggest gainer. For instance, as of this writing the State Street Energy...
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....
A New Market

A New Market

Monday, January 19, 2026 It took just 33 days for the S&P 500 to plunge 34% during the COVID crash in early 2020. It was the fastest breakdown of its kind in modern U.S. stock market history. The swiftness stunned even the most seasoned investors. Scott Minerd was...
Investors Are Facing A “Lost Decade”

Investors Are Facing A “Lost Decade”

Monday, December 29, 2025 Legendary contrarian investor Howard Marks has led Oaktree Capital Management since he founded it in 1995. After fees, his clients have gained an annual return of 19% a year. A high yield corporate bond specialist, Marks prioritizes avoiding...