Try to find a developing-world kleptocracy in which the top few collect more than 97% of the income from capital. There aren’t any that top the USA, the world’s most extreme kleptocracy. We’re Number 1.
The cover curse is my dearest friend, since I am loaded to the teeth with – – sorry TNR! – ENERGY PUTS!
According to an official statement filed with the SEC last week, Tim Cook’s job of leading the world’s most valuable company paid off handsomely in 2021. Cook, who succeeded Steve Jobs as Apple CEO in 2011, saw his pay package swell to $98.7 million la…
As 2021 drew to an end and the Covid-19 pandemic heads into its third year, the world is facing an unprecedented surge in new cases, threatening to test the limits of health systems across the globe. According to Our World in Data, the seven-day averag…
Since I have spent many an evening clicked in to the (free!) Tesla Supercharger, I guess I’ve never understood why public charging stations were such a great business
FEEDWith the exception of a persistently-smaller clutch of megacap stocks (I’m looking at you, AAPL) the equity market has been in quiet, grinding bear market for months now. It’s just the household names that are keeping this farce propped…
A year ago, the company that people could stop talking about was GME, or Gamestop. This ticker symbol was the raison d’etre of WSB, and the fabled trader DFV made millions off of it. Since then, however, let’s just say the volume is a t…
We’re all familiar with the disaster that world-famous investor Cathie Woods ARKG and ARKK have been. I was curious, though – – why do her funds do so poorly? Well, I took a look at her top dozen holdings. My God. Has this woman e…
last year’s Bubble inflation went to perilous extremes. This significantly raised the odds for a destabilizing 2022 bursting episode.
I think it’s been well-established that whenever a splashy crypto-related product is released, a major reversal is at hand.