Almost everybody owns the riskiest asset in America. It’s federally insured, it pays interest, and it’s guaranteed to make you poorer every year you hold it. It’s your savings account. I know how that sounds, but let me explain. The United States owes $40 trillion. The economy grows at roughly half the rate that debt […]

Raising short-term interest rates is what brings long-term rates down. Most people have that backward, and it costs them money every time the Fed does something. People talk about the Fed setting interest rates like there’s one dial in a room somewhere. There isn’t. The Fed controls the short end. Your 10-year and your 30-year […]

The Treasury Secretary went on TV last Wednesday and told you he’s paying down the national debt. He’s not. This was the most fraudulent announcement I’ve ever heard come out of that office, and I’ll show you exactly why. Here’s what happened. On August 19th, the Treasury said it would at least double the size […]

Before I left for college, I sold my entire trading card collection. Every card I owned, gone, and I put all of it into one single, legendary card. The Michael Jordan 1984 Star #101. I paid $1,000 for it. It was graded PSA 7, and I’ve held it ever since. Right now, that card is […]

The mistake that costs you twice…

Four stocks lost a third of their value with no explanation. SK Hynix (SKHY), CoreWeave (CRWV), Nebius (NBIS), Sandisk (SNDK). Nobody warned, nobody cut guidance, nobody put out so much as a press release. Just day after day of semiconductors and AI names getting toasted for a reason that didn’t make sense to most. It […]

911 million shares were supposed to bury this stock. Last Thursday, the SpaceX (SPCX) lockup expired. That’s the day insiders and employees who bought in early could finally sell, and 911 million shares came off restriction at once. It was all you heard for weeks. Slam that much supply into a stock and it drops. […]

You know what’s funny about being right? Sometimes it’s not worth anything. Last month, the good news stopped working. Taiwan Semiconductor (TSM) beat on profit and revenue, and the stock fell more than 3%. Samsung reported a quarterly operating profit up more than 1,800% from a year earlier and dropped almost 7%. Chip stocks shed […]

I got a phone call the day before the SpaceX (SPCX) IPO. It wasn’t exactly a spam call, but it might as well have been. It was a broker, offering me shares of the most discussed company in decades. Think about that for a second… The largest IPO in history, and somebody is cold-calling me […]

The largest IPO in history is trading below its offer price. SpaceX (SPCX) priced at $135 on June 11, opened at $150, ran to $225, and sits around $115 now. It’s down about half from its high… and 15% below where the first buyers got in. That’s more than a trillion dollars of market value […]

Publisher’s Note: Karim and I are at the Monument Traders Alliance Bootcamp in Vancouver this week, spending time with our members to share good times, good company, and trading and market insights as well. So, I asked another expert to step in today. Simply put, Dr. Mark Skousen is a legend in the finance space. […]

Most investors will tell you they’re in it for the long haul, but their actions tell a different story. Maybe it’s a symptom of the 24-hour news cycle. One story after the next, headline after headline. And endless feed encouraging you to scroll to your next dopamine hit. Even music is made this way now. […]