The same party that handed you 5% average annual inflation, $1 million per unit affordable housing, and 33-cent electricity in California now wants your vote on affordability. I have the receipts.
A generation is going broke trying to look rich online, and the financial industry is more than happy to hand them the credit card to do it. I have been sounding this alarm since 2004, and it has never been more relevant.
Wall Street’s ‘base case’ S&P forecasts are not analysis. They are a confidence game designed to keep you glued to CNBC and calling your broker. I’ve been watching this racket my entire career and it never changes.
NVIDIA just announced the biggest stock buyback in history and everybody is celebrating. Meanwhile, the real story hiding underneath all this AI euphoria is that these companies are quietly engineering their products to make sure you are the one holding the bag when things go sideways.
For 26 years I have been telling you the government inflation numbers are not real, and for 26 years the establishment laughed. Nobody is laughing now as the 10-year Treasury blows past 5% and your grocery bill tells you everything the CPI report will not.
There are two kinds of zombie companies rotting away inside American portfolios right now, and Wall Street has been happily selling both of them for years. I am going to break down exactly how these corporate corpses get built, how they stay standing, and why rising rates are finally about to expose them.
Social Security is already staring down a 25% benefit cut and Congress just introduced a bill that would empty the tank even faster. Welcome to Washington, where the solution to a sinking ship is to cut more holes in the hull.
Everyone is talking about AI, and almost everyone is getting the story wrong. The real story is not about chatbots and productivity. It is about the single largest economic bet in American history, most of it built on debt, with a political fuse already burning.
Tech executives are suddenly blowing the whistle on their own AI systems and warning of a technological apocalypse. If that sounds familiar, it is because Wall Street ran the exact same play in 2008 and you paid for it.
The retirement industrial complex has decided that you living a longer, healthier life is officially a problem. They have given it a name, longevity risk, and they are using it to sell you products you probably do not need.