By Simon Black, Sovereign Man It was only a few generations ago that most people spent their entire lives within a few miles of where they were born. They grew up, lived, worked, and retired, all in the same place. And that was normal. Travel and relocation didn’t really become commonplace until after World War II. But even then, the most common reason people moved was … [Read more...] about One Weird Sign of Trouble in the Banking Sector
By Joe Jarvis Ten years ago most of us couldn’t imagine getting in a stranger’s car for a ride. Or imagine the shock of your friends and family if you told them you had met a stranger online, and they would be paying you to stay in the spare bedroom for a weekend. In 2009 Uber launched, and Airbnb was only a year old. Now millions of people use these platforms to make … [Read more...] about A Retirement Plan Tailor Made For The Gig Economy Era
Op-Ed by Robert E. Wright Traditional news may not be “fake” per se, but people are right to remain suspicious of it. Deep insights into reality often get dumbed down into silly slogans and ideas, but that does not mean that they are completely off the mark. Remember Obamacare’s “death panels”? That bit of legend was rooted in the intuition that one should not receive … [Read more...] about What Economic News Can You Trust?
By Tyler Durden Have you ever thought about thinning out your classic car collection? Now could be the time before the antique car market rolls over. Hagerty Price Guide, the premier collector car value guide, shows that in the last four years, 1960s American cars, blue-chip cars, British cars, Ferraris, German collectibles, and Muscle cars have seen their prices stagnate … [Read more...] about Now Could Be The Time To Sell Your Classic Car Before The Downturn
Negative interest rate policies - where nominal rates are set below zero percent - have been introduced in Europe and Japan to stimulate flagging economies but research from the University of Bath shows the unconventional monetary strategy may be doing more harm than good. Recently, several major European banks announced plans to pass on negative interest rates to … [Read more...] about Negative Interest Rate Policies are Backfiring — New Research
By Matt Kubiak As Austrians we are always looking for evidence to lead us to the next bubble. I think most of us are on high alert after a decade of easy money, stock price inflation, and ever decreasing bond yields. However, identifying the specific bubble sector(s) ahead of time is extremely difficult (unless you are Mark Thornton). This notwithstanding, one industry … [Read more...] about The Coming Whiskey Bubble?
By Colin Lloyd Over the period from 1915 to 2014 the return on U.S. equities was an annualized 11.5 percent, while the return on government bonds averaged 4.3 percent. The longer-run average S&P 500 return is nearer 9 percent, but during the past decade it has exceeded 14 percent. U.S. bonds have also rallied, returning around 2 percent. Yields across most developed … [Read more...] about The Pension Fund Apocalypse
By Luke F. Delorme As an investment advisor, I can’t help but sometimes fall into the trap of industry lingo. Mea culpa. This is my short list of things I hear way too often in the investment industry, and my honest translation into English. What advisors say: “Your returns were good last year because we maintained exposure to equities.” What it means: “The stock market … [Read more...] about How To Decode Investment Advisor Speak
By Jeffrey A. Tucker The market capitalization of crypto is 300% higher now than it was two years ago this date. Among the biggest changes from two years ago is Bitcoin (BTC) dominance over the sector, down from 85% (January 2017) to circling around 50% today. This change is mostly traceable to the rise of specialized tokens filling various market needs, something very few … [Read more...] about Did You Write Your Bitcoin Obituary In Time?
By Avi Mizrahi Andrew Henderson is the founder of Nomad Capitalist, a company which helps people from around the world move to different countries while minimizing their tax obligations. In recent years the company has created plans for dozens of people who made their wealth from the cryptocurrency sector, including business owners, traders, investors and consultants. … [Read more...] about Why Cryptocurrency Investors Are Renouncing Their US Citizenship