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South Korea’s sharp stock market decline isn’t just a foreign headline. It’s a warning flare for U.S. investors who think excessive leverage and complex financial products can’t blow up here at home.
Most people assume the financial news they watch is independent. What I uncovered back in 2005 should make every investor think twice before trusting what they see on TV.
The financial media loves parading so-called experts on TV to give stock picks and generate debate. But when you actually check their track records, the picture gets ugly fast.
The financial media isn’t failing you by accident. It’s failing you by design, and the advertising contracts that Wall Street firms sign with major networks are the reason you never get the full story.
Storms are ahead, and I’m not sugarcoating it. The question isn’t whether volatility is coming, it’s whether your portfolio is built to survive it.
The Wall Street Journal ran a front-page piece outraged that Americans used legal retirement accounts to build serious wealth. Nobody broke a law, nobody cheated anyone, but apparently getting rich the right way is now a scandal.
Private equity’s dirty secret is finally making headlines, and I’ve been warning about this for years. Over $348 billion in U.S. private equity assets are now trapped in funds past their expiration date, and the investors who bought in are the ones left holding the bag.
A 28-item grocery order that cost $64.50 at Target in 2020 now runs $158.30. That number has gone viral, and it should, because it confirms what I have been saying for years about how the government calculates inflation.