Money, Wealth & Power—A Daily Look at the Financial World
Michael Burry is trading the trading desk for a keyboard, turning his market skepticism into a subscription product just as artificial intelligence euphoria hits a fever pitch. His new Substack is not a retirement hobby but a fresh platform for a familiar warning, and his opening salvo targets Nvidia at the very center of the…
The most famous skeptic of the housing bubble is now training his sights on the market’s favorite artificial intelligence winner. Michael Burry is openly comparing Nvidia’s role in today’s AI enthusiasm to Cisco’s position at the height of the dot‑com era, arguing that investors are again mistaking infrastructure dominance for limitless long‑term returns. His critique…
For more than a decade, millennials have been cast as a generation permanently sidelined from homeownership, squeezed by student debt, soaring prices, and stagnant wages. The reality is more complicated: many are still struggling to buy, but a growing share have managed to get in, often later in life and with far more risk than…
Selling your home with a “free” warranty can feel like a safety net for nervous buyers, but it also creates legal landmines if coverage does not work as promised. When a warranty claim is denied and expensive repairs land in a buyer’s lap, that buyer may have eight strong legal reasons to sue and win,…
When I look at what actually helps a property move quickly, I keep coming back to Barbara Corcoran’s playbook. Her advice centers on a few focused upgrades that buyers notice immediately and that support long-term value, especially when paired with eco-friendly improvements that today’s shoppers increasingly expect. 1) Invest in the One Investment Barbara Corcoran…
Nancy Pelosi’s stock record reads less like a side hobby and more like a professional track record, with performance figures that would make most hedge fund managers blink. Over several decades in public office, she has not only outpaced the broad market but also left Warren Buffett’s Berkshire Hathaway trailing on key timeframes, turning a…
Portable mortgages are moving from obscure policy idea to front-page housing fix, promising to let owners carry their 3% loans into their next home instead of giving them up. The pitch is simple: if you could move without trading a rock-bottom rate for something closer to 7%, the frozen housing market might finally thaw. The…
Economist Peter Schiff has a blunt message for investors who still trust yesterday’s safe havens: the very assets meant to protect portfolios could now be the ones inflicting the deepest damage. His warnings span bonds, cash and crypto, and together they sketch a picture of markets where inflation, rising rates and speculative excess are reshaping…
America’s housing market is colliding with one of the biggest demographic pivots in decades, as aging baby boomers, stretched millennials, and a fast-growing Gen Z all try to claim homes that are in short supply. The result is not just higher prices, but a structural reshaping of who owns, who rents, and where new construction…
Housing costs are crushing household budgets, and the usual lever in Washington, interest rate policy, cannot repair the structural shortage of homes for sale and rent. The Federal Reserve can influence borrowing costs, but it cannot rezone land, build apartments, or rewrite tax law. That leaves the White House, working with Congress and federal agencies,…