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When the dollar was cut loose from gold in August 1971, the rules of money changed, and the rules of money decide who gets rich and who falls behind. There is a popular corner of the internet that blames 1971…
Bad forecasts are usually allowed to fade away quietly. Goldman Sachs did something less common with its “lost decade” call for US stocks: it publicly withdrew it. In October 2024, the bank’s equity strategists told clients to expect the S&P…
There is a new genre of finance video doing the rounds, and you have probably seen one. A familiar face, no studio lighting, an apology for the rough production because the message simply cannot wait. The warning is that artificial…
Every so often a major bank publishes a note that tells you more by what it admits than by what it forecasts. In mid-September 2026, JPMorgan’s commodities team, led by Natasha Kaneva, told clients it had abandoned its baseline view…
The 10-year Treasury yield has pushed back above 5%, and the long end of the bond market is now trading at levels most investors under 40 have never seen. On Thursday the 10-year touched 5.18% and the 30-year reached 5.47%,…
Almost every new investor carries the same private fear. You finally move a meaningful sum out of the bank, you buy the index fund everyone recommends, and seven days later the market drops 20 percent. The money you spent years…
For most of modern financial history, the bond market was the one referee no government could bribe. Borrow recklessly and lenders demanded a higher rate in a public auction for everyone to see. Run an incoherent economic policy and the…
There is a story circulating about what happened to government bond markets this August, and it is a good story. It goes like this: the developed world has borrowed more than lenders are willing to fund, buyers have gone on strike, and governments will now respond the way governments always respond, by capping their own borrowing costs and inflating the difference away. Sell your bonds. Buy things instead of promises.
A viral finance video making the rounds this year tells the story of two brothers who invested the same amount of money over the same three years and ended up in wildly different places, one down nearly $5,000, the other up more than $22,000. The hook is effective because it is built on a real and well documented pattern in market history.
There is a story circulating in energy circles that goes roughly like this. The Middle East is on fire, crude is in the high eighties after touching triple digits, the Strait of Hormuz has been throttled for months, and the obvious escape hatch is sitting right there in plain sight. Solar modules cost nine cents a watt. Sodium-ion batteries just entered mass production. Surely, if the crisis grinds on for another year or two, the world simply routes around the barrel.
