Money, Wealth & Power—A Daily Look at the Financial World
Most people who say they “own gold” are really holding promises on paper, not metal in a vault with their name on it. The gap between perception and reality is so wide that 98% of self-described gold investors are estimated to have no direct claim on a specific bar, a structural blind spot that only…
The stock market under President Donald Trump’s second term has delivered a paradox: solid gains on paper, yet the weakest first-year performance for a president since George W. Bush. The S&P 500 has risen at a respectable clip, but in a decade defined by roaring bull markets, “respectable” now counts as disappointing. For investors who…
Energy and raw materials stocks are suddenly racing ahead of the broader market, a shift that often appears when investors start bracing for hotter inflation. Under the surface of the major indexes, traders are quietly rotating into the parts of the market that tend to benefit when prices and interest rates climb. That pattern is…
Berkshire Hathaway’s foray into silver is one of those rare moments when Warren Buffett’s famed discipline collided with the messy reality of market timing. The company bought a mountain of metal, made money, and walked away, only to watch prices climb far higher in the years that followed. By retracing that arc, I can put…
Michael Burry has built a career on spotting structural cracks long before they show up in benchmark indices. Right now he is again positioned against the market’s favorite stories, arguing that artificial intelligence euphoria and a fragile global funding machine will matter more than short term price action. If he is early on the exact…
President Trump has floated a dramatic idea: wipe out federal income taxes for individuals and make up the lost money by taxing imports instead. The pitch taps into deep frustration with the tax code and resentment toward foreign competitors, promising a future where paychecks arrive untouched by the Internal Revenue Service. I want to know…
Gold has smashed through the psychological $5,000 mark, igniting a rush of safe haven buying as investors scramble to protect portfolios from political and economic shocks. The move to a record high above $5,071.00 an ounce has turned a long-running bull market into a full-blown stampede, with traders citing everything from Washington turmoil to global…
Robert F. Kennedy Jr. is not just tweaking the federal nutrition playbook, he is turning it into a political project that treats food as infrastructure for public health. His new guidelines elevate protein, animal fats and limits on ultra-processed products as national priorities, and the result is a direct challenge to the way Big Food…
The Trump administration is preparing a sweeping intervention in the critical minerals sector, moving to acquire a direct equity stake in USA Rare Earth that could reshape how Washington backs strategic industries. The planned $1.6 billion commitment for a 10 percent holding would give the federal government an unusually hands-on role in a publicly traded…
New York City’s new mayor, Zohran Mamdani, has staked his political brand on a sweeping four-year rent freeze for nearly one million regulated apartments. The promise taps into real pain for tenants, but it also collides with a property tax system that already leans heavily on multifamily buildings. If City Hall holds rents flat while…