Inflation and interest rates are pretty much the main headlines these days (when the administration can’t distract us with threats from the “Ultra-MAGA” folks or the war in Ukraine). We’ve been talking about these topics at some length in your last couple letters. Let’s recap… The government actually helps create inflation by continued, massive deficit …
There’s an old adage known as Hanlon’s Razor which says: “Never attribute to malice that which can be adequately explained by stupidity.” That would explain a lot where our government goes. No matter what choices are open to it, you can almost always count on them to make the wrong ones. But stupidity only goes …
The Blame Game: How Washington is Failing in the Face of Inflation Read More »
Jay Powell is now the current “inflation hawk-in-chief” at the FOMC. Except for one thing… He’s not really. I’ve said it again and again, the Fed is out of their league when it comes to the inflation we’re facing today. Primarily because this is the first time in over 40 years that the Fed will …
It wasn’t so long ago that the word “trillion” was thought of as something like a “zillion.” It was of course, a real number… but it was so far out there, it was almost imaginary — used more for describing the distance between stars in the galaxy rather than zeros on a government check. But like the …
When it comes to headlines containing the phrase “Florida Man,” they’re usually about said man being arrested for swinging an alligator around by its tail while sporting a blood alcohol level that would kill most people. Or something along those lines. But this week something different happened… “I’ve got a serious situation here,” the Cessna …
Cool Under Pressure: Florida Man Saves Day (A Lesson for the Fed) Read More »
There is an adage known as Hanlon’s Razor. It states: “Never attribute to malice that which can be adequately explained by stupidity.” If we’re being kind, you might say it was coined specifically to describe the government. Because nearly everything the government does usually results in massively stupid, unintended consequences. For thirty years the government …
If you think the liar loans that were combined with the explosive adjustable rate mortgages back in the early 2000s — the deals that drove millions into poverty, losing their homes and life savings — were bad… You ain’t seen nothing yet! Witness the amazing bankrupting power of the federal government on its own unsuspecting …
Welcome to the Government’s Lifetime Debt Program Read More »
Last week, in your May issue of Streetlight Confidential, I wrote about an under-the-radar opportunity in this current bear market that I believe could have explosive upside potential… A micro-cap company called Vision Marine Technologies, Inc. (VMAR) This week I want to share some additional information on the company. It’s a special interview my partner …
Europe is facing a potentially fatal self-inflicted energy wound… The US is teetering on the brink of a deep recession… And the only one who seems oblivious to it all is the guy who started all the trouble, Vladimir Putin. It’s a cliff-hanger to rival any soap opera. But now how does it finally play …
In the March issue of Streetlight Confidential I wrote an article laying out the cost of the moral high ground where energy sanctions on Russia were concerned. For all the condemnation of Russian aggression, the EU has not been willing to cut the Russian energy cord… for obvious reasons. Russia supplies a massive amount of energy …
