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According to the latest retail spending report, Americans are back to their old spending ways. The U.S. Department of Commerce reported that retail sales rose by an unexpectedly strong 0.7% in...
Funflation isn’t killing retail. But some can’t help themselves and play the blame game.
Last month, my research assistant fell on her knee, had emergency surgery and spent a few weeks in a local rehab center. But that didn't stop her. She promptly hopped into her wheelchair,...
Martin and Irving Weiss in 1980s. Right: Martin Weiss today. When I was in my 40s, my father and I used to talk frequently about America’s retirement crisis and the utter urgency of doing...
On Friday, I gave you all the reasons why I love the defense sector. Now, it’s time for the big “reveal” I promised you – my single-favorite defense sector stock. The company is … Lockheed...
There’s nothing more American than getting a financial foot outside of our country.
If all the different interpretations of January’s Consumer Price Index report are driving you crazy, my newest revelation might put you over the edge.
The December 2020 gold futures contract was down 2.75% on Monday, shedding more than $50 to close just above $1,900. It was a dramatic move highlighted by a lot of folks on “FinTwit” (that’s...
The government is continuing to spend with no end in sight and the risks it poses could be grave.
Last week I wrote about increasing bank profitability in an era of reduced regulatory scrutiny. I also pointed out how some banks have grown their net income quite impressively over the last...