The 10th Man, November 2017

The Ant and the Grasshopper

November 30, 2017

I’m sure you’ve heard the fable of the ant and the grasshopper. The ant busted his ass all year growing some grain to store for the winter, while the grasshopper was laying about, playing the fiddle. When winter came around, the grasshopper had no food, so he went to the ant’s house to beg for some. The ant told him to beat it, and the grasshopper starved to death. The end.

Pay Down Your Mortgage

November 16, 2017

The latest issue of Street Freak came out on Tuesday. Street Freak is a bit of an aggressive stock-picking newsletter, where we come up with a new idea every month. I try to keep the ideas a secret—if you want them, you have to subscribe! But I’m going to let you in on this month’s idea for free. Are you ready?

The Evidence Is Piling Up

November 9, 2017

I have been a bond bear for a while. Back in the summer of 2016, I spoke at a small conference out in San Diego. My topic: how interest rates were going to go up.

The Powell of Positive Thinking

November 2, 2017

Jay Powell has been named the next Chairman of the Federal Reserve. Provided he survives the confirmation process, it is a done deal.