Newsletter

US households invest a lot in stocks. 9 million vacant homes in Japan. US labor market worsens. We’re working a lot less. Prices have skyrocketed in the past 50 years.

War-like US government deficit. Overstated US employment. No return investing in bonds. Berkshire Hathaway’s market cap hit US$1trn. Tulsi Gabbard endorses Trump.

Credit card defaults rise. Gold hits another all-time high. US$ hits an annual low. China sees equity outflows. Capitalism sucks…Not!.

Real wages have fallen. PPI inflation falls to 2.2%. Chinese home prices drop. Buffett has a record cash pile. Throw tomato soup at the Mona Lisa, save the world.

Bloody start to the week. BoJ got to pay. Fed is expected to come to the rescue. 10%+ drawdowns are common. US adds unproductive debt.

Fed keeps rate unchanged. Socialism eradicates poverty… Not!. EU goes full socialism. We’ve never used more coal. Google ramps up emissions.

Destined for a commodities rally. House affordability in a 100-year uptrend. McKinsey made up diversity benefits. It’s easier to gamble than day trade. Get some negative-yielding bonds.

Europe is no. 1 in taxes. Massive gov’t expenditures in the West. Politicians are shameless liars. Coal is far from history. Never lose money.

US net liquidity has risen. 45% of S&P 500 tech. Is the AI bubble about to burst?. Unfunded pension entitlements are massive in Europe. European working population shrinks.

Unemployment to rise in the US. Small caps perform record bad. Milei sorts out Argentina. Young French rejects centrism. Buffett is no longer buddies with Gates.