Articles

There’s a great divide in America today. And I’m not talking about politics. I’m talking about the rift between the “real” economy and the “asset” economy. Suppose you hadn’t been watching the...
Never before in my lifetime have I seen greater dangers facing investors! The most immediate danger stems from the cockamamie theory that the economy will suddenly bounce back in a “V-shaped”...
One of my friends — one of my richest friends — built himself a mini-empire of auto dealerships. And like many businessmen, he was forced to close his showrooms in the wake of the lockdowns. His...
Uncle Warren. The Oracle of Omaha. America’s greatest investor. Berkshire Hathaway CEO Warren Buffett has been called many things over the years. After founding his insurance-dominated...
It will be the worst number ever. It will hit the market like a nuclear bomb. And investors will probably begin reacting to the expected shock even before it’s actually released. It’s is a...
This shelter at home stuff is getting old. Just like you, I’ve been cooped up in my home and I am getting pretty antsy. Thank goodness for online shopping. I’ve been able to order groceries,...
First, the junk bond market boomed. Next, it went bust. Then, the Federal Reserve bailed it out. Finally, that sparked a new mini boom. More than anything else in recent weeks, THAT...
The U.S. Congressional Budget Office (CBO) is one of the few institutions in Washington that’s still nonpartisan. Its forecasts are objective and impartial. But right now, they’re also...
The banks are in trouble. With 22 million Americans out of work and unable to pay their bills, banks are seeing delinquencies rise. And banks with more exposure to high-risk loans are really...
This is the week the oil market imploded. And no, that isn’t hyperbole. The benchmark price of a barrel of U.S. crude oil started trading in the high-teens early Monday. But before long, selling...