Economic Analysis

No Free Lunch, Part 2

Thoughts from the Frontline

March 22, 2019

Matching the stock market’s long-term average returns sounds like it should be easy, if you’re patient enough. But in fact it is remarkably difficult. In last week’s letter, Ed Easterling and I showed you why it is a longshot bet in almost every market environment. Returns over a decade or two are usually well above or well below average. Most of all, it’s fairly predictable which side of average will occur.

This stock is America’s 5G “landlord” … and it pays a 3.8% dividend


March 18, 2019

I want to tell you about a 5G stock that could easily double within two to three years.

No Free Lunch: Valuation Determines Return

Thoughts from the Frontline

March 15, 2019

Last week, I described the enormous challenges retirees face. One reason for that, aside from insufficient savings, is that markets haven’t delivered the returns many experts said we could plan on.

How the Green New Deal could hand you 300% profits


March 11, 2019

It will lead to a big boom in a beaten down stock… one that soared 3,000% the last time it was launched into a bull market.

Retirement Isn’t Happening

Thoughts from the Frontline

March 8, 2019

I have long said I don’t want to retire. I enjoy my work. It’s not too physical, other than the travel (which is finally beginning to wear on me). Also, my savings are not yet sufficient to sustain the retirement lifestyle Shane and I want. I could retire now but would rather wait.

How to be an “investing god”


March 4, 2019

In today’s issue, I’m going to show you how to make money this year no matter where markets go.

The Fed Is Playing a Dangerous Game

Thoughts from the Frontline

March 1, 2019

In an ideal world, we wouldn’t have to read the Federal Reserve’s rabbit entrails to discern the economy. But Since the Fed exists in the real world, and its decisions matter, we have to pay attention.

How communist spies lost $100 billion


February 25, 2019

I’d like you to meet the most disruptive force on earth.

Recession: Are We There Yet?

Thoughts from the Frontline

February 22, 2019

An old joke says economists predicted 15 of the last 10 recessions. In other words, they’re frequently wrong and often too pessimistic.

How we’ll collect 4.1% disruption-proof dividends


February 18, 2019

Last summer on a Friday in late June, 33,000 Americans lost their jobs.