Let’s Go Shopping

“Jim, look at the wine I just got. Hey, did you also know you could buy jewelry and watches at a big discount? Oh, and their steaks are fantastic, as is their deals on spirits.” That’s what a good friend of mine has been telling me for the past six months or so, as she

How To Make A Small Fortune  

Do you know how to make a small fortune in auto racing? You start with a big fortune.  This apropos adage is certainly one that amateur, semi-pro and even professional auto racing team owners discover very quickly, and that’s because when it comes to a costly venture, few things add up as fast as motorsports.

The True Nature of Money

“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them… Money is made possible only by the men who produce. Is

The Root of All Good

“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them… Money is made possible only by the men who produce. Is

In Money Mode

“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who

Evergrande and the False Equivalence Fallacy 

The big buzz in markets over the past several days, and particularly during Monday’s approximately 2% tumble nearly across the board, has been over what many are calling a potential “China Lehman Moment.” Those of us in the markets in 2008 remember quite well the real “Lehman Moment,” because that is when the financial giant

Intelligence Report – October 2021 Issue

Find out about our latest recommendations, and all of the most recent market-moving news, in the issue of Intelligence Report that has just been completed. I invite you to download the issue as soon as you have a chance. As a valued subscriber, we want you to have this information as quickly as possible. Please

The Witches of Wall Street

We are still about six weeks away from Halloween, but already today we’ve seen not one, not two, not three but four witches trying to spook Wall Street. That’s because today, Friday, Sept. 17, also happens to be “quadruple witching,” which just means today is one of four days during the calendar year when the

Once, Twice, Four Times a Witch

Quick… do you know what today is? If you answered Friday, Sept. 17, well, you would be correct. As your market professor, however, I would mark that answer as “incomplete.” You see, today also is known as “quadruple witching,” which just means that today is one of four days during the calendar year when the

Our Profits Run Deep

The market has been quite volatile over the past couple of weeks, as investors have begun to take action in anticipation of several big, quickly approaching unknowns. The market angst picked up last week amid persistent concerns about the health of the economic recovery after the soft August jobs report and the increasing threat of

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