Postcards from the florida republic An independent and profitable state of mind. In 2009, my friend and I sat down at Cactus, a traders’ bar in the shadow of the Chicago Mercantile Exchange. There, we drank Rumple Minze and wrote ideas for an absurdist lifestyle book called: “How to Be Awesome and Get […]
Archives for August 2023
August 2023 - Page 7 of 7 - Money Morning - Only the News You Can Profit From
Chart of the Day: The Truth Behind the Hiring Surge
On Wednesday morning, the markets were stunned… But it had nothing to do with the Fitch downgrade of U.S. debt. It had to do with jobs. For the second consecutive month, ADP hiring soared past expectations. Private employers added 324,000 Americans to payrolls, nearly double the 175,000 economists anticipated. On Friday, U.S. nonfarm payrolls are […]
Fitch Ratings Just Did Every American a Solid Favor
Postcards from the florida republic An independent and profitable state of mind. It’s an amazing day to be on social media. Everyone – everywhere – is suddenly an expert on the sovereign debt market, the United States’ credit rating, the role of fiscal policy, and the future of America’s financial condition. Overnight, everyone everywhere has […]
The Two Vital Earnings Investors Must Watch
Earnings are in full swing.
And there's plenty of mega-cap left on deck.
Here’s Why BlackRock (or State Street or Vanguard) Will Be Your Kids’ Landlord
Postcards from the florida republic An independent and profitable state of mind. If you need further proof that our entire system is designed to make bankers wealthier… and rip every dollar from your hand… consider this… “Institutional investors may control 40% of U.S. single-family rental homes by 2030, according to MetLife Investment Management.” […]