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The $1.9 trillion stimulus plan is nearing the finish line. House legislators just passed their version. The Senate is debating it now. And President Biden hopes to have a final bill to sign by...
I thought I’d strike a “price of everything, value of nothing” pose about Senate Majority Leader Mitch McConnell vis-a-vis Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin and the...
Some dust has settled around GameStop Corp. (NYSE: GME), with one hedge fund pocketing a $700 million profit, multiple home-gamers trying to use the frenzy to pay off debt and the stock trading...
I turned 18 years old on Sept. 17, 1975, a long-haired punk listening to Woodstock-era music and hanging with my friends. Like many kids back then, I wanted no part of getting shot in Vietnam....
Last week, Juan Villaverde and Bruce Ng discussed Bitcoin “punching through $24,000.” But things move fast in the crypto markets. Over the weekend, Bitcoin punched through $27,000 … and then...
I was a retail stockbroker at Merrill Lynch in the 1980s, and I’ll never forget one of the conversations I had with one of my wealthiest clients. He said, “There’s nothing I like better than to...
Special purpose acquisition companies, or SPACs, are the top scheme right now for get-rich-quick investors in the United States. In China, they use mutual funds. It’s all about “fear of missing...
In one of my earlier articles, I talked about the importance of your life insurer’s safety and stability. After all, the relationship between you and your insurer can last decades and you need to...
12 people have repeatedly abused their power to manipulate money, and consequently, everything in our world that money might touch.
The Consumer Price Index is coming down. Yet, AI is driving the market even higher than you’d expect.