Contact Us: 813-597-6400
Saudi Arabia has nearly unlimited oil money flowing in, and Wall Street knows it. That combination has made the Saudis some of the worst large-scale investors on the planet, and the lessons from their failures are ones every American investor needs to hear.
Everyone is blaming AI for the coming jobs apocalypse, but I am here to tell you the real threat is something both parties have been building for decades. The national debt and its crowding out effect on private capital is a slow-motion economic catastrophe that almost nobody in the mainstream is talking about.
Grocery prices, housing, energy, insurance, and healthcare have all skyrocketed over the past two decades, and no amount of political spin changes the math. I am breaking down the real numbers so you can see exactly how much purchasing power you have lost.
I was standing in the Uffizi Gallery in Florence this morning, surrounded by centuries of Christian art, thinking about inspiration and belief. Then I came back to my hotel and read Peggy Noonan’s piece in the Wall Street Journal arguing that socialism is filling the void left by receding religion, and I couldn’t stop thinking about what that means for everyday Americans and their money.
Most of what you see on financial television is branding, not guidance. I stopped going on those programs years ago, and here is exactly why.
Special Purpose Vehicles promised everyday investors a backdoor into hot private companies like SpaceX and Impossible Foods. What many of those investors got instead was a locked portal, no tax documents, and a missing fortune.
Everyone is asking whether America is drifting toward socialism, but I think that’s the wrong question. The real threat has always been crony capitalism, and both the new left and the new right are starting to figure that out.
When the market races to the roof, most investors feel relieved. I feel more cautious than ever, and there are very specific reasons why.