I’m starting to feel sorry for Federal Reserve Chair Jerome Powell. This week, many of his allies offered serious contradictions to the Fed’s plans for the economy. I want to talk about what this means for your money.

On Aug. 10, TradeSmith Daily explained two terms every investor should know: Financial Repression and Fiscal Dominance. To briefly summarize them, financial repression is when a central bank deliberately keeps interest rates low — ideally below the rate of inflation — to inflate away the value of debt. This is a means of coping when a nation’s debt load becomes…

Intel appears to be “crossing the Rubicon” with its decisive effort to take on some of the world’s fastest-growing semiconductor manufacturers.

A $2 trillion emergency relief bill passed in the U.S. Senate by unanimous vote on Thursday. The bill is likely to pass in the House, and the president is likely to sign it. The final ink is not dry as of March 26. And yet we can say, with a high degree of confidence, that roughly $2 trillion worth of…

Let’s talk about AT&T, which faces a lot of scrutiny in the wake of this quarter’s earnings report.

You may remember Theranos, the blood-testing startup run by Elizabeth Holmes. Theranos was a fraud, but the company reached a multi-billion-dollar valuation by suckering some of the most powerful people in Silicon Valley and Washington, D.C. Theranos had an “all-star” board of directors that was almost cartoonish in its weight and stature. At various points along the way, the Theranos…

Next week, the central bank will meet for two days to discuss tapering its massive balance sheet and the timing of its next interest rate hike. So today, I want to offer a preview of what to expect.

If you want the most elegant case for why inflation is a risk in 2021, it might just be the trajectory of M1 over the course of the past year…

The Fed greatly expanded its balance sheet – essentially printing money – for years through a process called quantitative easing (QE). It started in the aftermath of the housing bust and financial crisis 15 years ago. And while the economy recovered, the Fed never really stopped printing money for long.

Every few years, a new money manager takes the investment world by storm. This manager rides a previous success or prediction into the headlines. Investors pour capital into his or her funds. Today, the “rock star” money manager under pressure is Cathie Wood, the CEO, Chief Investment Officer, and co-founder of Ark Invest.