Wall Street loves a good war trade, and right now plenty of people are positioning for $150 oil like it’s a foregone conclusion. I’ve seen this movie before, and it doesn’t end the way they think.
The financial press handed out confetti over May’s jobs report like it was New Year’s Eve. But when you strip away the government hires and the hotel staff additions, the picture gets a lot less festive.
Eighteen-year-old college athletes are blowing NIL money on Bentleys for prom while advisors and agents stand around collecting their cut and saying nothing. This is financial malpractice dressed up as lifestyle management.
A former chemical plant worker convinced a bank and hundreds of investors that he was running one of the biggest cattle operations in the country. It was a ghost herd, and 170 million dollars disappeared. I’m going to show you exactly how to never end up in that position.
Friday’s tech selloff didn’t hurt Wall Street. It helped them. And if you were on the wrong side of that trade, I need you to hear something uncomfortable.
Both parties got together, shook hands, and handed the American financial system over to a handful of mega-banks. They called it modernization. I call it the setup for the greatest taxpayer heist in history.
The financial industry has spent decades conditioning you to sit down, shut up, and trust the experts. That compliance is the most expensive habit you’ll ever develop.
A federal judge just blocked Trump’s $100,000 H-1B visa fee and the ruling exposed something much uglier than a simple legal dispute. This is about who the H-1B program was always designed to serve, and it was never the American worker.
Washington sold you tariffs as a weapon against China and the European Union. The only problem is China and the EU are not the ones paying. You are.
The financial industry has spent decades convincing you that wealth is a number on a screen. I have spent my career watching that lie destroy people who had plenty of money and nothing else worth keeping.