A Generational Wealth Transfer

A Generational Wealth Transfer

Monday, July 27 Currently, the war in Iran is months old. There’s zero consensus as to when it will truly end. The Strait of Hormuz has been open and closed. And now Treasurys come with an asterisk. Yet despite this unclear economic data, the U.S. consumer...
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...
Tensions in the Sand Pile

Tensions in the Sand Pile

Monday, June 9 At the bottom of an hourglass, the pile of sand grows with each new grain. The cone shape looks stable, but it’s not. Under the surface, instable paths form that will eventually trigger a collapse once there’s enough weight. Markets and economies...
A Warning Sign from Consumers

A Warning Sign from Consumers

May 26, 2025 People have their favorite ways to evaluate economics. But I suggest you forget the twists of tariff policy and what pundits are saying on the news to instead focus on one thing. This one thing will help you gauge the health of the economy and influence...