J. Reeves, editor, The Palm Beach Daily: Disturbing headlines dominate the news today, Teeka… But you’re a master at filtering out news-cycle “noise.” What’s the No. 1 legitimate concern investors should be aware of today? Teeka Tiwari, editor, The Palm Beach Letter: The No.1 concern is the damage central bankers are doing to currencies. Every […]
From Tom Dyson, founder, Palm Beach Research Group: Have you ever played slot machines in a casino? Or video poker on a cruise ship? They design these games so that you win frequently. And you can get addicted to them… because at every opportunity, you have a good chance to win. (Of course, you lose […]
Editor’s Note: Today’s special Daily begins in the Palm Beach mailbag… as we address a common question perplexing almost everyone today: How do we navigate today’s bizarre investment landscape safely? From Marion S.: I find it really difficult to figure out exactly what everyone in your group is saying. I’m talking about all the advisers […]
“More than half of banks don’t have any cash on hand…” In today’s 3-Minute Market Minder, The Palm Beach Letter’s Teeka Tiwari exposes some disturbing overseas financial news headed toward U.S. shores… Sweden is attempting to become the world’s first “cashless society.” But as negative interest rates ravage Swedish savings, those trying to “opt out” […]
From Nick Giambruno, senior editor, International Man: I recently sat down with Scott Horton on the The Scott Horton Show. If you want to get the real scoop on U.S. foreign policy, you must listen to his podcast. It’s simply the best there is on this topic. It’s one of the very few I always […]
On June 16, we told you “Brexit”—the United Kingdom’s referendum on whether to leave the European Union—would be the biggest vote of 2016. We were right… Overnight, the U.K. voted (52% to 48%) to leave the EU. It sent markets around the globe into total panic. Here are some examples: The British pound plummeted about […]
The South China Morning Post reports Chinese customs agents arrested a “surprisingly plump” man as he tried to leave the country. The “spare tire” around his waist turned out to be six hand-sewn inner pockets… holding $74,000 in U.S. cash. A Chinese man tries—and fails—to smuggle large amounts of cash out of the country. Chinese […]