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Yen Carry Trade
The biggest systemic risk to markets right now. Will it be the pin to pop the “everything bubble?” The yen carry trade has long been the financial world’s favorite magic trick: borrow yen at 0%, sell it for dollars, then plow the proceeds into whatever shiny thing is booming that month: U.S. tech stocks, crypto, […]
The Race Card Still Being Overused in America
I don’t think it’s a coincidence Fox News had three black people on their news station to discuss whether Obama is a “unifier-in-chief or divider-in-chief.” It’s sad how the race card is being used…this is what our country has come to. You get called a racist if you don’t agree with the president. I guess […]
Founding Fathers’ Quotes on Democracy
Our Founding Fathers had some very clear and unambiguous opinions on the horrors of Democracy. They were very clear that a Republic was the form of government America was meant to follow; a pure or “direct” democracy would only lead us to ruin. And they were quite right!

