When an empire reaches the edge of a cliff, it will always find leaders to give it a push.
Financialization... What is it? How does it happen? Does it matter? Who cares?
We were recounting a heroic tale, with your editor as its leading man.
Truth is, if you stay 100% invested all the time, you will consistently underperform the market.
It distorts an economy from using real resources...to using fake money to make more fake money.
Well... there, you see the problem as well as we do.
Today, we share part two of our 20-year Wall Street veteran's insights.