By Special Arrangement: A Look Inside A Market Classic Editor’s Note: We hope you’re having a wonderful holiday with your family and friends, with thoughts about interest rates, debt and inflation fading into the night like the peals of Santa’s bells and the smoke of New Year’s fireworks. While we’re also getting into the eggnog,
Investors Suddenly Denied Access to Their Own Funds… The day after Slava was sent to the funny farm, his wife marched into our skyscraper office in downtown Moscow – and pulled an Al Haig. Al Haig was Secretary of State when U.S. President Ronald Reagan was felled by an assassin’s bullet on March 30, 1981.
The tiny, gas-rich country is opulent, uptight…and weak on the rule of law. Editor’s Note: We’re turning this week’s issue of Something You Don’t Know over to Porter & Co. publisher Kim Iskyan, for a boots-on-the-ground report from the Middle Eastern country of Qatar – which is at the crossroads of the global fossil fuels
Cheap money is grounding flights all over America – and that’s just the beginning. Next Wednesday will be one of the busiest travel days of the year here in America. And if you’re flying somewhere, you’re likely a victim of cheap money. That is… you’re suffering long delays… overworked staff… decrepit planes… and a customer
Homebuilders have reported fewer new construction starts every month since March. That’s the longest stretch of declines since the housing crisis of 2007. And homebuyers have even begun walking away from their deposits – cancellations are above 15% for the second consecutive month. You’re receiving Something You Don’t Know as part of your complimentary subscription
The price of U.S. Treasury bonds is collapsing. Since the end of July, the 10-year Treasury rate has risen sharply, from a yield of 2.65% to over 4.3% now. There haven’t been bigger losses in the U.S. Treasury bond market, EVER. THE BIGGEST BUBBLE IN HISTORY DEFLATES YOUR STANDARD OF LIVING IS GOING TO FALL
Long ago in ancient Troy, the beautiful princess Cassandra promised the god Apollo “the opportunity of her body,” in exchange for the gift of prophecy. Apollo granted her request to be able to tell the future, but naughty Cassandra reneged on her side of the deal. Long ago in ancient Troy, the beautiful princess Cassandra
Dear Porter & Co. readers, This is the first issue of Porter & Co.’s complimentary bi-weekly, Something You Don’t Know… in which, every other Friday, Porter Stansberry and team will shine a bright light on something in the world of finance, investing and economics – or whatever else is on Porter’s mind – that’s just