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For every borrower, there’s a lender. But when discussing interest rate cuts, pundits and policymakers always focus on the benefits to the former ... NOT the costs to the latter. And guess...
She was way out of my league, but I somehow got a beautiful cheerleader to be my girlfriend in high school.      Her father, however, did not care for me and wasn’t shy about letting me know …...
Most of the physical world is being transformed by the COVID-19 pandemic. Nothing could offer a better example of this than in the sports world. Entire leagues have been shut down and many...
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...
COVID-19 just nipped Warren Buffet, one the world’s most revered investors. Buffet’s Berkshire Hathaway (BRK) posted a record $49.7 billion first quarter loss on Saturday as the conglomerate...
The Fed seems to think that the $2.3 trillion in extra save-the-world money it announced on Thursday will do the trick. And for now, at least, Wall Street seems to agree. Well, I have news for...
The COVID-19 crisis is pushing supply chains and logistics networks to their limits. Something has to give soon. On Friday, Amazon.com (AMZN) signed an agreement with the Canadian government to...
Just a few weeks ago, we saw gold and miners thrown out the window as investors sold anything and everything in order to regain liquidity. It seemed like gold bull market was dead. But a funny...
The world’s business model has changed overnight: We’ve been cooped up, self-isolated, working from home or simply left with nowhere to go as businesses shutter. As people prepare for this...
I want to tell you about the hottest investment around. Like RED-HOT. This asset has been surging virtually nonstop. It has crushed the S&P 500 year-to-date, over the last year, and even over...