Mark just sent me this note… Not infrequently, when someone hears I have a black belt in Brazilian jiu jitsu, they say one of two things: “I’m a lover, not a fighter.” Or, “I’m not worried about defending myself. I carry a gun.” It’s a very odd reaction, one that sounds defensive—as if the […]
The piece below is from the Wealth Builders Club’s “Debt and Credit Solutions” series. In it, Managing Editor Linsdey Hough shares the foundations of the “spending pyramid.” Use this simple tool to get an immediate handle on out-of-control spending habits… Let’s move in close and get a good look at your individual purchases. How […]
From Grant Wasylik, chief analyst, The Palm Beach Letter: That is, review the “Periodic Table of Investment Returns”… This is something I do at the beginning of each year. I’ve been doing it every year for more than 10 years. Who is Callan? And why do I do this? Callan Associates Inc. has been around for over […]
Once in a great while… an accidental, unscripted TV moment yields incredible insight. This happened in a recent Bloomberg news clip. Four “talking heads” discussed the effectiveness of global central bank interventions. Then, out of nowhere, the show’s hostess mentioned the 1920-21 depression. That’s right… in 1920, the U.S. entered a sharp 18-month depression. And […]
Thursday morning saw a “black swan” event—something 100% unexpected—shake global finance. The Swiss National Bank (SNB) announced an immediate end to the Swiss franc’s artificial “peg” to the euro. Breaking the peg sent the value of the franc skyrocketing… and sent the Swiss stock market into an instant 15% “flash crash.” Swiss stock investors lost […]
In the Golden State, youth crime has plunged 30% since 2010. The number of high school dropouts is down 20%. So is the amount of youth drug overdoses. It’s thanks to a 2010 state law decriminalizing marijuana cases. And if you think marijuana is a “gateway drug”… non-marijuana drug arrests are down 23% over the […]
Most investors cower under current market conditions. But fear energizes one investor subset: our Jump Point Trader (JPT) subscribers. Volatility plays right into the strength of the JPT system. As Teeka Tiwari, chief analyst of the elite “momentum trading” service, wrote in a recent note… The markets are acting exactly how we want them […]