One of the biggest mistakes we make when talking about inflation is pretending that everyone experiences the same thing. They don’t. The inflation number you hear about on TV is an average. The government takes the changing prices of housing,…
There’s something happening underneath the surface of the stock market that I think a lot of people are missing. More stocks are starting to beat the S&P 500. That might not sound like a big deal, so let me explain…
The stock market has been dealing with a pretty big problem lately. The U.S. dollar has been getting stronger. Normally, that can make life harder for stocks and other investments around the world. But the stock market hasn’t seemed to…
Every business has a favorite customer. Costco (COST) loves the family that fills up two shopping carts every Saturday. Disney (DIS) loves the family that stays at the hotel, buys the meal plan, and leaves with a suitcase full of…
Every major technological shift creates a familiar debate. Investors immediately start asking which industries will disappear, which business models are broken, and who the winners will be. Artificial Intelligence has become the latest example. Spend five minutes on financial media…
There are certain moments that stick with you for no real reason. One of mine happened almost 20 years ago. Back then, I was living over in Sutton Place on the east side of Manhattan. One weekend, I decided to…
Europe made a new all-time high last night while most of us were asleep. If that doesn’t sound particularly exciting, that’s exactly why I wanted to write about it. Nobody wakes up wondering what European stocks are doing. Most Americans…
Victoria’s Secret is bringing sexy back. Literally. The company even changed its ticker from VSCO to VSXY. That’s funny. It’s clever. And, frankly, it’s about time. Management finally admitted something customers already knew: People want Victoria’s Secret, not some watered-down…
I spent several days this week in Vancouver, British Columbia, speaking at a Monument Traders Alliance event. Huge thanks to the organizers, the MTA, and everyone who came by to say hello. I really appreciate all the kind words. It…
Over the past month, I’ve written quite a bit about the breakout in bank stocks. First, I explained why I think Banks Just Changed the Bull Market Story is one of the most important developments in today’s market. Then, in…
Yesterday was one of my favorite kinds of market days. The Federal Reserve didn’t raise interest rates. And interest rates exploded higher anyway. If that sounds backwards, good. It should. Because this is one of the biggest mistakes investors make.…
Today is Guru Purnima, a tradition I came to appreciate during my many trips to India over the years. It’s one of my favorite days of the year because it’s dedicated to something we probably don’t do often enough: Stop…
