Debating politics won’t help you make money. But knowing what’s going on in Washington, D.C.—and how to profit from it—will. It’s proven to be a profitable strategy for us at the Daily (like here, here, and here). That’s why we’re watching the Trump administration’s latest big spending proposal. It has the potential to send billions […]
Nick’s Note: At Palm Beach Research Group, we believe in rational investing. We use prudent position sizing, make sure we have exit strategies in place, and don’t make decisions based on our emotions. No one epitomizes this type of level-headedness more than my friend and colleague Chris Mayer. Not only is Chris one of the […]
By Nick Rokke, analyst, The Palm Beach Daily On January 10, Bloomberg issued the following report: “China Weighs Slowing or Halting Purchases of U.S. Treasuries.” Turmoil followed… Over the next hour, yields on the 10-year U.S. Treasury jumped from 2.54% to almost 2.60%. That may not look like much to you, but that’s double the […]
By Nick Rokke, analyst, The Palm Beach Daily Last year, I told you happy days were here again for coal country. And they’re about to get happier… Regular readers may remember my Rust Belt Tour in the summer of 2017. During the tour, I traveled across the American Heartland to see how President Trump’s “America […]
By Nick Rokke, analyst, The Palm Beach Daily On the morning of December 18, 2017, Amtrak Train 501 left Seattle for Portland. The train was traveling on newly refurbished tracks that are part of a new route designed to offer speedier service. Catastrophe followed… The train was going 80 mph in a 30-mph zone when […]
Nick’s Note: We receive frequent questions from readers about the tax implications of their crypto profits. And for good reason… our subscribers are making life-changing gains in this new asset class. With tax season upon us, we’re running an updated version of this timely essay on the subject. Please remember, we cannot give individual tax […]
Nick’s Note: Last week, Bill introduced Palm Beach Daily readers to his Baby Boomer Survival Guide. It’s a must-read for anyone who is retired and short on money. In Part 2, Bill considers an essential question: What is money really good for? By Bill Bonner, chairman, Bonner & Partners Money is our beat at the […]