News

The World Just Got More Perilous The headlines going into the holiday season have been nothing short of shocking, tragic, and heartbreaking. From the assault on U.S. troops in Syria, the Brown University shooting, the horrific Hannukah attack on Biondi Beach in Sydney and the foiled New Year’s Eve terror plot in Los Angeles — … Read more

So, what is the AI Bubble Anyway? In late 2022, OpenAI’s ChatGPT ignited the first sparks of the AI frenzy with the release of its sophisticated chatbot that can emulate human thought patterns by answering questions, conducting research, brainstorming, editing, and even creating images. This triggered a massive artificial intelligence spending spree as billions were … Read more

The Alarm Bells Are Ringing In October of this year, America’s debt surpassed what many believe is an insurmountable threshold of $38 trillion. This massive balance represents what our federal government now owes to individuals, companies, and foreign governments mainly through treasury securities as well as so-called “intergovernmental debt.” The latter reflects what the federal … Read more

There has been a lot of discussion about the importance of holding a “store of value” particularly in light of a depreciating dollar, Wall Street volatility, questionable cryptos, and economic uncertainty. “A store of value is an asset, commodity, or currency that reliably retains its worth over time. A stable store of value supports healthy economic … Read more

If the we think of the economy as a traffic light, the “proceed with caution” indicator is now flashing wildly. Some of us will choose to slow down and take notice. Others will speed up and drive right through. A troubled labor market, rising household stress, record high debt levels, and persistent inflation are all … Read more

While the U.S. Government shutdown looks like it’s finally coming to an end, the cleanup is just beginning. There are bills to pay, data to pull, benefits to update, federal services to reinstate, and a backlog of loans, permits and contracts to address and clear out. The remnants of old booze, political posturing, stale food, … Read more

Some of Wall Street’s most respected voices are warning about an imminent double digit stock market drop. Big banks like Goldman Sachs and Morgan Stanley are raising the alarm bells about a significant pullback in equities due to overstretched valuations, an expanding AI bubble, irrational exuberance, and any number of external shocks. One report expressly … Read more

On October 1st, the U.S. government closed down — that means the U.S. Treasury’s discretionary spending authority lapsed, and it can no longer fund non-essential government services. It is the upshot of a profound political divide and deeply entrenched partisanship in Washington D.C. When Congress failed to authorize new spending before the end of the … Read more

It’s 2025 — do you know what your money is worth? There are a lot of things vexing the economy right now. The government shutdown, high federal debt levels, divided politics, trade and tariff pressures, geopolitical tensions, and the list goes on. Investors are worried about a stock market bubble. Consumers are worried about inflation … Read more

First, they said gold would never hit $3000/oz. Then analysts tacitly entertained the $4000/oz benchmark. Now, both Bank of America and Societe Generale expect gold to reach $5,000/oz next year. Today, the world’s most recognizable symbol of wealth is approaching $4200/oz. It is up over 56% year-to-date and about 68% over the last three years. Gold … Read more