Matt Piepenburg
Matt has extensive knowledge of global and domestic market hazards and opportunities, so he places a specific emphasis on risk management in the current macro backdrop.
A graduate of Brown University (magna cum laude, phi beta kappa), he also holds a master's and law degree from Harvard University and the University of Michigan. Matthew combines a blue-chip resume with a unique, "in the trenches" experience as a seasoned trader, market analyst, and trusted advisor to ultra-high-net-worth clients. His singular aim today is to share this unique Wall Street insight (and blunt skepticism) with a Main Street audience, "the very folks who deserve it the most." He's fluent in English, German, and French.
Matt'S LATEST HEADLINES
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The Shocking Reason Governments and Corporations Are Begging People to Destroy Their Own Money
"There is nothing new under the sun," Ecclesiastes wrote. For the most part, the pseudonymous biblical poet was right on the money.
The credit market, for instance, has existed in one form or another since 3,000 BCE or thereabouts – around 5,000 years.
At the dawn of human civilization, the Mesopotamian economy featured interest rates as high as 20%. And by the time Cyrus II of Persia ("Cyrus the Great" to his friends) conquered Babylon in the sixth century BCE, creditors could often reap a positively mouthwatering 40%.
Ah, the good old days…
Unfortunately (and with apologies to Ecclesiastes), there is something very new and very dangerous under the sun these days.
A frenzy of capital destruction – the end result is functionally no different than gathering up all your money, dousing it with gasoline, and setting it alight.
It's unprecedented; it has never happened before, in all of the five millennia that tribal chieftains, warlords, monarchies, principalities, Westphalian nation-states, and multinational corporations have been buying and selling debt.
I'm talking about negative yield.
If that sounds unnatural… perverse…. even insane… well, that's because it is. And not much good can come out of it.
As dangerous as this situation is, there is a way forward through it. We don't have to take what's coming lying down… Full Story
As dangerous as this situation is, there is a way forward through it. We don't have to take what's coming lying down... Full Story - How Corporate America Cheats Investors Every Day
- What Everyone Should Know About the Biggest Financial Con Job in History
- The Easy Money Move That Puts You Ahead of the "Smart Money"
- How to Cash In as Canada's Banks Join the Bad-Loan BBQ
- This Popular Policy Idea Takes Us Down the Road to "Crazytown"
- The Absolute Beginner's Guide to Making Triple the Profits in a Downturn
- Here's the "Smoking Gun" in America's $70 Trillion Collapse
- The Financial Media Looks Like Stalin-Era Soviet Propaganda
- The Fed Is About to Torch the Dollar, Stocks, and Bonds – Here's What to Do