Nvidia is changing the world in ways that are very hard to believe. A combination of never-seen-before computing power and never-seen-before annual increases to performance has the impact of delivering decades worth of innovation.
Distressed-bond veteran Marty Fridson shares that you can reduce the risk of winding up on the wrong side of a trade by stepping back from the financial minutiae and the technical charts. Start by making certain the company is in a reasonably stable competitive environment.
There’s a big difference between the Middle East and the U.S. when it comes to energy. In America, the government doesn’t own all the oil and gas. It isn’t shared with all of the citizens, like it is in the Mideast. Mineral rights are controlled by private shareholders, shareholders who will become some of the wealthiest people in the world. We look at one example today.
Porter writes that there’s no question that America is going to default. But there is something you can do about it: there’s a simple solution that Porter outlined for readers last fall and clarifies again today.
In today’s Daily Journal, Porter writes that there’s a growing likelihood that the entire U.S. financial system will have to be “reset,” because our government cannot afford these debts.
In today’s Daily Journal, Porter writes that because of the speculation in gold and Bitcoin, and the country’s mountain of debt, America is going to default on its bonds. It happened in the 1930s. And it happened in 1971. And it’s going to happen again.