Do you know who has really made money with Lyft and Uber? Private equity capital that got in early. The IPOs are a bit late.
Since the Great Financial Crisis, US stocks have been on a dream run.
It seems like we hit a new record high every day.
Why? Well that’s our goal – to better understand the forces that drive the market. And more importantly, to uncover how it will affect investors like you.
The cost of living has continued to rise. By the 21st century, the typical man had to work twice as long to buy an average house and an average car as he did in 1975.
As these titans of industry have risen through the ranks of the world’s largest companies…they’re morphing. And they’re all changing the same way…by becoming competitors with one another.
The key to the whole financialisation scam is what it costs to buy a ticket to ride this train — the DebtBall Express — that pulled out of the station back in 1971.
The tax cut didn’t really cut the cost of government. It simply shifted it to debt…and onto the public and into the future. And now the future is coming into view.
Harry Potter, Pokémon, Star Wars — 1999 was a great time to be an eight-year-old. It was also a bloody busy year for Wall Street underwriters…
Over the last 10 years, for every stock bought — in net terms — by the public, the corporations themselves bought nearly 50 of them.
Word on the street yesterday was that stocks were going up to record highs ‘on earnings.’ The casual listener was invited to believe that corporate America was earning more money; … Read More
Uber or gold, which do you pick? While I’m no gold bug, I wouldn’t blame you for picking the latter. It’s probably a better option than piling into a company going bust!
The next recession is coming fast. And based on the early data I have, it looks like the Doom Index will hit ‘8’ in our official reading this quarter.
I can’t point to Lyft’s stock falling to a reasonable valuation…because there is no reasonable valuation for the new wave of tech unicorns! But let’s see how Lyft would stack up if we were to…
When a major food movement starts to revolutionise the way many in the world eat and relate to their families — as investors, we need to pay attention.
Lyft is shaping up to be one of 2019’s biggest IPOs…and investors are lining up to buy up their slice. But I think it’s a bad idea…
Last week, we were looking at who pays unpayable federal debt. As we studied the subject, a whirlwind of staggering news blew up.