This week’s vote from the Federal Reserve FOMC committee is going to have implications for quite some time. I think most of ...

This week we continue our series looking at the big life expenses that have outpaced the rate of inflation over the past several decades. Last week we covered housing. This week, let’s take a look at ...

Jacob Shapiro is an independent geopolitical analyst who helps investors and executive teams understand how a multipolar world is reshaping markets and strategy. He provides bespoke research, private ...

I was sitting at Mackenzies Bar & Kitchen on the canal in Bristol, UK, with a friend. Just before 7pm, she got a text from ...

"No man who owns his own house and lot can be a Communist. He has too much to do." — William Levitt, developer of Levittown, the first mass-produced American suburb Google searches for "can I afford a ...

I talk about the Federal Reserve often in these letters, and for good reasons. Fed policy has enormous influence on the ...

Clearly, there must be a typo in that headline. I’m the one who is always preaching about getting the yield you deserve. So, ...

Last week I noted the problems of sitting down with a blank screen and trying to figure out what to write. This week I have the opposite problem: I have well over 20 important research notes from ...

Last week's issue generated more thoughtful replies than we expected. What struck me wasn't that some of you disagreed with a point or two. It was what you agreed on. Almost nobody argued that nothing ...

It’s almost always a stock that yields 2% or less. If I know a little about the company, I’ll start by saying something positive before I say, “Ah, well, I don’t really cover that one because I ...