Private equity’s zombie fund catastrophe just hit a record $348.5 billion in trapped assets, and I’ve been screaming about this for years. The managers are still getting paid. The investors are not getting out. Shocked? You shouldn’t be.
A 28-item Target grocery order that cost $64.50 in 2020 now costs $158.30. It has been viewed millions of times online because it confirms what every American already knows but Washington refuses to admit.
Your portfolio goes up 10%, inflation quietly eats 8% of it, and then the government taxes you on the full 10%. This is not a glitch in the system. This is the system.
A Republican operative tied to Trump’s political machine just said the quiet part out loud: ‘Voters have to hate the Dems more than they hate us.’ I read that Sunday morning, put it down, and went for a walk. Not because I was surprised. Because I knew exactly what it meant for every American trying to protect their financial life.
Every time Wall Street posts record trading revenue, someone is on the losing side of those bets. Spoiler: it’s not the guys in the corner offices. It’s you.
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.
SpaceX dropped nearly 46% from its high and the same guy who called it a great deal on national TV has already forgotten he said it. I have not forgotten, and neither should you.
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.
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.