“The uninformed buys into the mercantilist creed that trade deficits are bad and trade surpluses are good… ” Trade deficit harangues are a favorite of politicians mongering fear for votes. They pin a country’s economic woes on an idea that seems to make sense at first glance. Economist Walter Williams (quoted above) uses a simple […]
From Mark Ford, founder, Palm Beach Research Group: I’ve adopted a new metaphor for my life… a metaphor I’ve found very useful. At birth, we’re given four quarters. The first is childhood. The second is young adulthood. The third is maturity. And the last is the great hurrah. If we are careful and lucky, we […]
A 100%-autonomous aerial drone just made its first delivery… The Associated Press reports it flew a half-mile to drop off a package in a residential area in Reno, Nevada. The drone joins a large and growing list of robots now doing the work of humans around the globe… Domino’s Pizza is testing an autonomous pizza […]
Over the years, I’ve had the awkward duty of declining raises to dozens of employees. All were disappointed. Some sulked. Some argued. Some disappeared. But a few of them—a smart few—took the experience as a wake-up call.
Editor’s Note: Today, the Daily is pleased to welcome back Casey Research founder and longtime PBRG friend Doug Casey. Below, Doug explains why a group of stocks could soar fivefold, tenfold, or even more in the coming years. This urgent opportunity centers around a huge upcoming market event… one that has only happened a handful […]
Editor’s Note: Below, we share some “extracurricular” insights from our research we think you’ll find valuable. We also offer you the chance to peruse the most popular services in our industry. Retirement Requirement: Is a mandatory retirement saving plan in your future? $ Sjuggerud: “A financial crisis is inevitable…” The market […]
Editor’s Note: Gold’s returned 15.25% in 2016. It’s the best-performing asset class this year (the S&P 500’s returned -0.35%). So today, we ask Casey Research Director Brian Hunt why he says now is the most important time to own some gold… From Brian Hunt, director, Casey Research: You wake up in the morning, turn on […]