Everything is relative. That’s one reason the economy is so hard to understand. In a very real sense, we all live in our own ...

It doesn’t look like 2026 will be the year to add consumer discretionary companies to your portfolio. Maybe the opportunity ...

Today we continue anticipating 2026, this time shifting for the first part of the letter from economic issues to geopolitics ...

Every so often, a single word surfaces and cuts through the noise. If you’re like me, you know the noise all too well.

Just like adding any position to your portfolio, the fund in question must have some sort of purpose for being there.

Are you ready for the biggest IPO of all time? SpaceX is preparing to go public in 2026. It’s targeting a $1.5 trillion valuation, which would make it the biggest IPO of all time. This news has lit a ...

A recent piece in the Wall Street Journal noted something that feels trivial at first glance but isn’t: people don’t dance ...

Debt is a curse that can also be a blessing, depending on how the borrower uses it. Sadly, human nature seemingly ensures we often use debt unproductively—and not just as individuals. Governments have ...

We talk frequently about the way central banks and governments affect the economy. In the grander scheme of things, though, whatever the Fed does is more like throwing a hand grenade into a large ...