Europe’s financial system is structurally broken, and that means global capital keeps flooding into the United States. Here is what that means for your portfolio and your long-term financial plan.
Wells Fargo and Merrill Lynch Caught Overcharging Investors on Small Trades
Wells Fargo and Merrill Lynch just settled charges for overcharging retail investors on small dollar transactions. I’ve been saying this for years: on Wall Street, getting caught just means paying a parking ticket.
Europe’s Riots Are a Warning Shot for Every Welfare State Economy
The riots tearing through France, Belgium, and Milan are not about high school kids upset over school funding. They are the inevitable economic consequence of unaffordable welfare states, stagnant economies, and politicians who refuse to face reality.
Inflation Is Exploding and the AI Stock Bubble Is Starting to Crack
Import prices just spiked 1.1% in a single month. Annualize that and you are looking at inflation running at 8% to 11% on goods crossing our borders, and that is the number they cannot easily manipulate.
What Is Your Integrity Worth? The Financial Truth Nobody Wants to Hear
Every week I see people who look wealthy on the outside but are drowning in debt on the inside. The question I keep asking is simple: what does your honor cost?
The Biggest Wealth Mistake Has Nothing to Do With Money
After two decades in this business, I can tell you the most expensive mistake investors make has nothing to do with the market. It has everything to do with what they’re chasing and what they’re missing while they chase it.
Billions in Suspicious Oil Trades: What Happened When Regulators Tried to Investigate
Billions of dollars in suspicious oil and S&P 500 contracts were placed minutes before a major presidential policy reversal. When regulators moved to investigate, someone ordered them to stop.
Higher Interest Rates Are Back, and That Is Actually Great News for Your Portfolio
For years, artificially suppressed interest rates robbed investors of one of the most powerful tools in portfolio management: a meaningful risk-free return. Now that rates are normalizing, I want to explain exactly why this is good news, not bad news, for your financial future.
College Tuition Is Finally Dropping, and It Proves Everything I Said About Government Subsidies
For years I warned that government-backed student loans were artificially inflating the cost of a college education. Now tuition bills are being slashed by $20,000 or more at private colleges, and the reason why should surprise absolutely nobody.
Fidelity’s $100 Million Ultimatum Is Squeezing Out the Best Advisors in the Business
Fidelity just dropped a bombshell on independent investment advisors: meet the $100 million minimum or get dropped from their platform. This is bad news for everyday investors who depend on smaller, high-quality advisors to manage their money.
