Five Lessons from a Legendary Trader and Adventurer
Cheap money is grounding flights all over America – and that’s just the beginning.
Porter & Co. is looking for a “maniacal” distressed debt analyst… see the end of this email for details… * "Battleship" Stocks That Are Truly Unsinkable * The Magic of Capital Efficiency + Time * The Difference Between "When" Stocks and "If" Stocks Late last month, the Wall Street Journal passed along a “great” stock
Homebuilders have reported fewer new construction starts every month since March. That’s the longest stretch of declines since the housing crisis of 2007. And homebuyers have even begun walking away from their deposits – cancellations are above 15% for the second consecutive month.
We don’t know whether the impending global financial “reset” will entail a debt jubilee, aka massive defaults, like Biden’s student loan bonanza. Or maybe we will endure a long period of inflation as debts are slowly worked out in pretend money.
The price of U.S. Treasury bonds is collapsing. Since the end of July, the 10-year Treasury rate has risen sharply, from a yield of 2.65% to over 4.3% now. There haven’t been bigger losses in the U.S. Treasury bond market, EVER.
We received some questions over the weekend about our Friday recommendation, the MicroStrategy convertible bonds… so we’ve put together a bond buying guide today to make it easier for you to get up to speed.
How to earn 243% on a Bitcoin bond. A global "Minsky Moment". The bond bull dies. Why wealth is shifting to real assets.
Long ago in ancient Troy, the beautiful princess Cassandra promised the god Apollo “the opportunity of her body,” in exchange for the gift of prophecy. Apollo granted her request to be able to tell the future, but naughty Cassandra reneged on her side of the deal.
Dear Porter & Company readers, This is the first issue of Porter & Company’s complimentary bi-weekly, Something You Don’t Know... in which, every other Friday, Porter Stansberry and team will shine a bright light on something in the world of finance, investing and economics – or whatever else is on Porter’