The political class has decided that capitalism is the villain, and both the left and the right are now singing from the same broken hymnal. Meanwhile, the actual problem, crony capitalism and rigged systems, goes unaddressed.
The market rips higher and suddenly everyone’s a genius. Wall Street is already sending you the invitations to pile in. Here is why that playbook almost always ends badly for regular investors.
Wall Street has a private nickname for wealthy investors with bad judgment. They call them muppets. And for decades, Saudi Arabia has been the biggest muppet of them all, while the banks laugh all the way to their bonuses.
The Commerce Department just quietly committed $874 million in federal money to semiconductor companies in exchange for minority stakes. This is not a free market. This is the government playing venture capitalist with your money, and you are not invited to the upside.
A 24-year-old former OpenAI researcher ran a hedge fund that was never actually hedging anything, and investors who chased the flashy returns are now holding the bag. I have been warning about this exact playbook for over 26 years and the script never changes.
Administration officials were on television promising 5% and 6% GDP growth this year. The actual number came in at 1.5% annualized, and I told you this was coming. Meanwhile inflation as measured by the Fed’s own preferred metric is running at 3.7%, nearly double their target, and your real wages just went negative.
Wall Street is throwing a tantrum because the Federal Reserve is not giving them enough guidance. Translation: they want free information they can package into reports, sell to clients, and generate trades from. This has nothing to do with helping you.
Politicians and pundits have been throwing around ‘fair share’ for decades and nobody ever asks the one question that exposes the whole thing as a fraud. I’ve asked it hundreds of times and I’ve never gotten an answer, because there isn’t one.
South Korea’s stock market just got hammered by the exact same leverage and complexity cocktail that Wall Street has been happily selling to American investors for years. If you think this warning doesn’t apply to you, that’s exactly what they want you to believe.
A contract clause I uncovered back in 2005 exposed exactly how Wall Street firms keep bad press from ever reaching your TV screen. This is not a conspiracy theory. It is a business model.