UBS is bundling private credit into investment-grade bonds backed by insurance wrappers, and the rating agencies are playing along. Sound familiar? It should, because this is exactly what blew up the financial system in 2008.
The financial media and Wall Street analysts have been wrong about Apple’s strategy for years. I am going to tell you why their obsession with first-mover advantage is one of the most expensive myths they keep selling retail investors.
The sitting president of the United States is selling early access to his market-moving posts to institutional traders. Wall Street gets the tip first. You get the scraps. And almost nobody is saying a word about it.
Dr. Scott Atlas called it a catastrophic mistake, and he is right. The Baby Boomers, in their well-meaning effort to spare their kids from pain, may have produced the most financially fragile generation in modern American history.
They want you scared. A frightened investor is a profitable investor, at least for the people managing your money. Let me tell you about my crystal ball.
Wall Street is running radio ads and handing out glossy brochures promising guaranteed returns, and the regulators are apparently just fine with all of it. I am not.
The new Fed Chair just admitted that decades of Federal Reserve policy did more damage to working Americans than almost any policy he could imagine. I have been saying this for years, and now they are finally catching up.
IBM craters twenty-five percent and the same smug analysts who called it a portfolio cornerstone are already on to the next trade like nothing happened. This is not a bug in financial television, it is the entire business model.
An SEC-registered firm called Advisors Crypto piled leverage onto cryptocurrency, called it conservative, targeted senior citizens, and wiped out millions. I am not surprised, and you should not be either.
The financial industry has spent decades selling you a concept called financial planning. I am going to tell you why that phrase is designed to benefit them, not you, and what real financial preparation actually looks like.