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The Fauci Diaries are out, and almost nobody in mainstream media is covering them seriously. I’ve gone through this material, and what’s in there is heartbreaking but not the least bit surprising to anyone who’s been paying attention.
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.
Wall Street’s biggest firms are posting record trading revenues, and everyone seems to be celebrating. I’m not celebrating, and after I explain what’s really going on, you won’t be either.
Wall Street is at it again, bundling illiquid private assets into investment-grade bonds backed by insurance wrappers, and calling it innovation. I’ve seen this movie before, and I know exactly how it ends.
Wall Street is at it again, bundling illiquid private assets into investment-grade bonds backed by insurance wrappers, and calling it innovation. I’ve seen this movie before, and I know exactly how it ends.
I warned everyone about the SpaceX IPO hype before the stock cratered from $225 to $121. Here is what the cheerleaders on TV got wrong and what you need to understand before chasing the next hot IPO.
When the most powerful person in the world starts monetizing his own market-moving posts, every investor needs to pay attention. This is not a partisan issue. This is a financial integrity issue.