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Treasury Secretary Scott Bessent went on CNBC and said things that should make every American’s jaw drop. From dismissing weak jobs numbers to shrugging off $40 trillion in national debt, I break down what was actually said and why it matters for your financial future.
Everyone wants to know if the stock market is going to crash. I am going to give you the honest answer that most people in this business are too afraid to say out loud.
The Treasury is quietly reviving a Kennedy-era bond market trick, and most investors have no idea what it really means for interest rates and their portfolios. I want to break down exactly what Scott Bessent is doing, why he’s doing it, and why you should be paying very close attention.
The numbers coming out of Washington right now are genuinely alarming, and most people have no idea how directly they affect their savings and retirement. Let me walk you through what I’m seeing and why I’m calling this a financial black hole.
168 million Americans currently receive some form of government transfer payment. That is not a political talking point, that is a economic reality that shapes every investment decision you make.
A new Wall Street Journal poll reveals something I’ve been warning about for years: economic anxiety isn’t just a working-class problem anymore. Even Americans who consider themselves upper class or upper middle class are deeply worried about their finances and their children’s future.
I have been on the air since the turn of the century warning people about the financial terrain of this country. I was hoping for an exit ramp, and I have to admit, I was wrong.
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.