By Tyler Durden, Now that we know that the debt ceiling “drop-dead date” will fall on (or around) October 18, as per Janet Yellen’s latest letter, attention turns to what’s next. As readers know, the bond market is showing signs of concern around the D-date, with the T-Bills kink peaking today just after the Oct […]

By Tyler Durden, As Deutsche Bank’s FX strategist George Saravelos writes in a recent research report he has been “on the pessimistic side of the reflation narrative for some time now.” In the note titled “three charts for pessimists”, he admits that there are many more things happening to the global economy than easy fiscal and monetary […]

By Tyler Durden, Many are asking why gold is not rising, as just about every other commodity makes new highs in the backdrop of inflationary tailwinds. That’s a very fair question. Some are even saying gold is dead, a silly and “barbarous” old relic of ancient times, ancient math and ancient common sense. Needless to […]

By Tyler Durden, Opposition is growing to a new proposal aimed at curbing tax evasion that would be part of the $3.5 trillion reconciliation package under consideration by Congress. The proposal, which is being pushed by the Biden administration, would require banks and other financial institutions to report to the Internal Revenue Service (IRS) any deposits or withdrawals totaling more […]

By G.E.Miller, Want to take a bit of the sting out of paying taxes? Good news. You can easily and quickly pay taxes with a credit card AND simultaneously profit from doing so. I didn’t know this was possible until a few years ago. Add it to my “things I wish I had known sooner” […]

By Ben Carlson, It feels like we’re in a very weird place when it comes to the stock market and economy. Speculative behavior abounds in the markets and that’s worrisome. But the economy is gearing up for perhaps a run of the best economic growth we’ve had in decades. It’s difficult to square these two […]

By George Dodd, In what we all hope is not a sign of more to come after a year that most would like to forget, the US economy was mere minutes away from a potential economic crisis just weeks into 2021. As the power grid and natural gas distribution network in Texas began to crumble […]

By Jamie Golombek Each year around this time, I’m inundated with questions about strategies to tax-effectively withdraw funds from a registered education savings plan (RESP). Given the bull market of the past decade, some parents have noticed that there are substantial funds in their RESP and wonder if there are some strategies that could be […]

By J.D.Roth For the past six weeks, I’ve been hard at work writing my “introduction to financial independence and early retirement” project for Audible and The Great Courses. It’s been challenging — and fun — to rework my past material for a new audience in a new format. Naturally, I’m emphasizing two important points in this project: profit […]

By Hannah Miao With the market entering a seasonally weak period, CNBC’s Jim Cramer said Friday that real estate investment trusts are a safe bet. “You need a list of safety stocks that hold up as the market goes down that you can buy slowly,” the “Mad Money” host said. Real estate investment trusts, or […]