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During the midst of the Great Financial Crisis ... in July 2008 ... then-Treasury Secretary Henry Paulson made a stunning declaration. Speaking before Congress as the government-backed mortgage...
What a week! And Thursday was the worst. The bears charged down Wall Street as the Dow Jones Industrial Average swooned 2,352 points — 9.9%. Now, many investors running around and pulling out...
I had a reader write to me the other day, asking: “Are you positioning for the bull run in oil?” My reply: “Nope.” I realized I probably should give a longer explanation. And I’ll share it...
The coronavirus outbreak has caused global stocks to tumble … oil prices to crater … and countries to isolate millions of their own citizens. In the U.S., the number of known cases is soaring, and...
I travel a lot. This means I do a lot of my work in coffee shops. I just can’t stand working out of a hotel room. A few months ago, I was working in a coffee shop in Oslo, Norway. When I pulled...
One of the few positives to come from the coronavirus is investors now have a better appreciation of businesses that monetize time. Facebook (FB), Alphabet (GOOGL) and Netflix (NFLX) do this...
How cool would it be if you could get what you need from the local grocery store and just leave? No dealing with cashiers. No fuss. Amazon.com (AMZN) has been fiddling with the idea since 2015....
Elon Musk’s Twitter feed must be chirping like crazy. Tesla (Nasdaq: TSLA)’s shares have TRIPLED in the past year, breezing past the S&P 500’s 19.5% gain (as of Friday). It’s like every other...
Giant media companies want to monetize your time. The winners who manage to do this will earn billions. The Wall Street Journal reported Friday, Comcast (CMCSA) and Fox are in talks to buy...
I’ve touched briefly on the digital transformation recently. It’s the biggest disruptor since the invention of the computer. And it will impact how businesses and consumers interact. And I’m not...