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Everyone wants to know why oil hasn’t spiked to $150 or $170 a barrel despite all the geopolitical noise in the Middle East. The answer goes back to a lesson Wall Street learned the hard way during the First Gulf War.
May’s jobs report came in stronger than expected with 172,000 new jobs and positive revisions to prior months. But when you dig past the headline number, the composition of that growth tells a very different story.
College athletes are cashing NIL checks worth hundreds of thousands of dollars while still in high school, and the financial advice they’re getting is either nonexistent or dangerously bad. I’ve seen this story play out before, and it never ends well.
I have been warning people about Ponzi schemes and investment scams for nearly thirty years, and the hardest truth I have learned is this: most people don’t want to hear it. They want to believe, and that is exactly what the con artists count on.
Last Friday’s market selloff separated two very different types of people: patient investors and overconfident traders. If you were checking your phone every five minutes wondering what to do, I have some hard truths for you.
When my brothers and I built Markowski Investments, we made a deliberate choice: be the best, not the biggest. That decision runs counter to everything Wall Street has sold the American public for the past 25 years.
I am a wealth manager. I help people build it, protect it, and grow it. But after decades in this business, I have come to a conclusion that would make most of Wall Street very uncomfortable: the balance sheet is not the whole story.
The Social Security trustees just confirmed what I’ve been saying for years. The shortfall is now projected to hit in late 2032, one full year earlier than their previous estimate, and a 22% benefit cut is on the table if Congress does nothing.