world economy

New Gilded Age Haunts American Middle Class
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Compounding interest is a force of nature. It’s such a daunting force, in fact, that it’s chiefly responsible for 99% of the wealth residing in the hands of 1% of the population. There are now 1,542 billionaires living among us. Last year, another 145 multimillionaires cracked the billion-dollar mark. How’d they do it? Sure, some […]

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JAB Holding: King of the Coffee Craze
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JAB Holding Co. is rumored to be considering a takeover of Dunkin’ Brands (NASDAQ: DNKN). If the deal is consummated, Starbucks (NASDAQ: SBUX) would be the last publicly traded coffee stock. That is because JAB would own virtually every other coffee asset. Want proof? Gladly… Keurig, Caribou Coffee, Einstein Noah, Krispy Kreme, Peet’s Coffee, Stumptown […]

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Stock Wars: Northrop Grumman vs. Caterpillar
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Nothing underscores human ingenuity better than giant, finely tuned machines. Think bulldozers and rocket ships. Most of us will never get a chance to captain either of those glorious “rigs.” But nothing can stop us from investing in them! If you haven’t noticed, Caterpillar (NYSE: CAT) and Northrop Grumman (NYSE: NOC) are each sitting near […]

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Trick or Trump: Do Stock Market Gains Offset the National Debt?
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President Trump just made a rather interesting, borderline-odd claim. I realize that Mr. Trump making outrageous claims is nothing especially newsworthy. But this one is such an original thought that it warrants our attention. The president said that the recent stock market gains offset the national debt: As you know, the last eight years, [the […]

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Millennials Give New Meaning to “Breaker of Chains”
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Forgive me. But I’m going to use a dirty word today… Millennials. Whether we like it or not, millennials continue to help shape the economy. If you’re in denial of the power of millennials, consider this… Millennials value flexibility and have commitment issues. So what happens to the car industry and housing market in a […]

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Snap Fail: Three Ticking Time Bombs About to Detonate
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Yesterday I ripped Blue Apron (NYSE: APRN), which is imploding only a few months after its IPO. I’m angry that the IPO ever occurred. The same goes for the Snap (NYSE: SNAP) IPO. Snapchat’s viability as a social media platform is quickly waning. The supposed “heir to the throne” of social media managed to grow […]

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Crypto Showdown: Bitcoin vs. U.S. Government
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Bitcoin is hyperbolic again. The premier cryptocurrency just cracked the $6,000 price level. As I shared yesterday, we shouldn’t expect it to stop anytime soon, either. I’m projecting that $6,000 is nothing more than a speed bump on the way to $10,000. I hope by now you realize that we’re witnessing the biggest financial storyline […]

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Technology Deathmatch: Two Top Innovations Collide
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Ready for a steel-cage deathmatch? I hope so! Today’s match pits two emerging technologies against each other. Chief Investment Strategist Louis Basenese will build the investment thesis in support of technology No. 1 — smart dust. Senior Analyst Jonathan Rodriguez will do the same for technology No. 2 — brain-computer interfaces. For the sake of […]

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The Harsh Truth About Gold
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Is gold dead? Over the last three years, the SPDR Gold Shares ETF (GLD) has lollygagged in a sideways direction. I’d honestly rather watch paint dry than analyze a gold chart. Given such an uninspired performance, I don’t believe that gold warrants a major weighting in your portfolio. Of course, my assertion above constitutes sacrilege […]

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