Will It Be Fire Or Ice?
Since the early 1970s, three major bull markets have ended in “fire” – an overheating economy. And three were caused by “ice” – a sudden deflationary collapse. Porter ponders what will happen with the current bull market.
Porter’s Journal
The Day America Ends
About 15 years ago, Porter wrote The End of America
– a 77-minute documentary that explained how America, the world’s most successful and prosperous country, was destroying itself. The final trigger, he says, will be the collapse of Social Security in 2029.
The Super Gods Of Gas
While most of the financial world was still talking about “peak oil,” the Gods of Gas knew about massive technological improvements to drilling and fracking and figured, correctly, these innovations would once again make natural gas the world’s most important sources of energy.
Pick A Bond… Any Bond
Today, Distressed Investing editor Marty Fridson writes that when a sell-off in distressed debt begins, and sellers vastly outnumber buyers, outstanding opportunities will exist even in bonds that face no serious risk of failing. It can be a ripe time for juicy returns.
Do Not Delete… Read Immediately
An urgent warning about the ongoing consumer credit implosion, and Porter announces our new “short” portfolio.
Not Even The Piano Player Is Safe
Today, Distressed Investing editor Marty Fridson writes that when panic strikes and sellers vastly outnumber buyers, outstanding opportunities will exist even in bonds that face no serious risk of failing to pay their interest and principal on time and in full. It can be a ripe time for juicy returns.