Key Points in This Article: Stanley Druckenmiller, a legendary investor, achieved 30% annual returns at Duquesne Capital with no losing years, famously profiting $1 billion shorting the British pound in 1992. Through Duquesne Family Office, he manages his $11 billion fortune with a macro-driven strategy, focusing on making concentrated bets. Nvidia made early investors rich,…
Category: Economy
Cicada Swarm Begins Rare Emergence In Eastern US After 17 Years Underground
Cicada Swarm Begins Rare Emergence In Eastern US After 17 Years Underground A rare mass emergence of cicadas is underway across the eastern United States as Brood XIV—one of the largest 17-year periodical cicada broods—surfaces for the first time since 2008. Found only in eastern North America, periodical cicadas are known for their long underground…
The US Air Force Fields More Than 15x Personnel Than Any Other NATO Nation
Key Points The United States fields more air force personnel than any other NATO nation, and it’s not even close These personnel go to service, maintain, and fly the US Air Force’s massive fleet of aircraft For the most part, these aircraft are more advanced than other contemporary air forces around the world Are you…
The U.S. Has 1,790 Fighter Jets, Outnumbering All Other NATO Nations Combined
Key Points NATO members have some of the most powerful fleets of military aircraft in the world These fleets were built on billions of dollars invested in the some of the newest and best tech on the planet Russia and China are developing their own aircraft but they pale in comparison to the size and…
U.S. Holds $773B in Gold and FX Reserves—More Than Germany, Italy, and France Combined
Key Points Gold and foreign exchange reserves mean more than just economic power in the modern world These resources are integral for building or funding a military if a country should become embroiled in a conflict While countries around the world are investing billions of dollars in gold and foreign exchange reserves, you can be…
5 Risk-Free Investments for Baby Boomers Looking to Secure Their Retirement
While reaching retirement age can be both a blessing and a curse, relying on the U.S. government to provide for your needs is not the best idea. The full retirement age is 66 if you were born from 1943 to 1954. The full retirement age increases gradually for those born between 1955 and 1960, reaching…
How Scotch Whisky Came To Be
How Scotch Whisky Came To Be Authored by Gerry Bowler via The Epoch Times, A single line in a royal financial account leads us into the fascinating history of Scotch whisky. On June 1, 1495, a secretary penned the following: “To Friar John Cor, by order of the King, to make aqua vitae, VIII bolls…
Divorce at 62 Upended My Retirement Plans
It’s an unfortunate truth that getting divorced, no matter the age, can have a devastating impact on your finances. This is even more true as you get older, when it can completely upend your financial life, especially as two people enter periods of their lives without the potential for ongoing income. Key Points Getting divorced…
I have invested in dividends for 25 years—These stocks built my passive income factory from day one
Key Points Seeking out financially reliable, consistent dividend payers has been a tremendous wealth-building strategy. Going forward, you can create a powerful dividend snowball effect by reinvesting all distributions. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each…
Should We Keep Working to Boost Our Son’s Inheritance?
Key Points A couple with a net worth of $8.1 million is looking to retire, but the wife feels guilty. Continuing to work during their peak earning years could set their child up financially. It’s important to strike a balance between taking care of a child and taking care of your own needs. Are you…
The Champions League’s Global Appeal Is Paying Off
The Champions League’s Global Appeal Is Paying Off When the UEFA Champions League Final between Inter Milan and Paris Saint-Germain kicks off at the Allianz Arena in Munich today, it will be the first final without a club from either England, Spain or Germany since Mourinho’s FC Porto beat AS Monaco in 2004. It will also be…
Shocking Data Shows Massive Demographic Transformation In Europe
Shocking Data Shows Massive Demographic Transformation In Europe Via Remix News, New data showing the percentage of people not speaking German at home in Austria underlines just how massive the demographic transformation has been in the country, according to a Hungarian economist. “Ominous winds are blowing in the West,” economist Géza Sebestyén posted on his Facebook…
Three Vanguard ETFs Poised for Growth in 2025
Key Points Vanguard’s ETFs are some of the most popular in the industry among individual investors seeking value and growth, commensurate with their underlying indexes. While word of mouth among friends and from social media may tout both positive and negative opinions, objective research and matching suitability criteria for one’s personal goals and risk tolerance…
Frugal Failures: 19 Ways Being Cheap Can Backfire
Saving money by being frugal is smart, but some shortcuts can actually cost you more in the long run. From skipping routine maintenance to ignoring small problems, these seemingly frugal habits can lead to bigger bills and stress down the line. In many cases, you have a choice between saving a little bit of money…
The anti-economists have overreached
Photo by Collison Conf via Wikimedia Commons Oren Cass, the founder of the think tank American Compass, is probably the leading intellectual voice of MAGA economics. In a recent blog post, he discusses the question of whether economic forces are like gravity. He writes: [Y]es, the physical world is governed by the laws of gravity….
Escobar: Trilateral Summit Raises 21st Century New Silk Road Spirit
Escobar: Trilateral Summit Raises 21st Century New Silk Road Spirit Authored by Pepe Escobar, The first ever ASEAN-China-GCC trilateral summit earlier this week in Malaysia is even more than a cross-regional, South-South breakthrough. The 17 nations united on the same table in Kuala Lumpur graphically demonstrated, as evoked by Malaysian Prime Minister and current ASEAN…
Mapping Every Understaffed Air Traffic Control Tower In The US
Mapping Every Understaffed Air Traffic Control Tower In The US Earlier this year, the U.S. experienced one of its deadliest air mishaps in two decades. An American Airlines passenger plane collided with a U.S. Army Black Hawk helicopter sending both into the Potomac River. ℹ️ For reference: American Airlines has one of the worst track-records when it comes to crashes. In…
Wolves Wreak Havoc On Cattle Herds In California
Wolves Wreak Havoc On Cattle Herds In California Authored by Brad Jones via The Epoch Times (emphasis ours), Descendants of rewilded wolves are taking a heavy toll on cattle in Northern California and Oregon, killing calves and full-grown animals and putting stress on cow-calf operations and ranchers’ pocketbooks. A gray wolf approaches a bull, caught…
THE COST OF LIVING CRISIS IS ONLY GETTING WORSE, PEOPLE WORKING 3 JOBS
In this economic/financial news report we discuss how the cost-of-living crisis if affecting everyday, working people. the worsening cost-of-living with Majority living paycheck to paycheck Over 70% of the population is currently living paycheck to paycheck, struggling to manage expenses as the cost of living continues to rise without significant wage increases. This is leading…
These Are Most Affordable US Cities To Buy A Home In 2025
These Are Most Affordable US Cities To Buy A Home In 2025 WalletHub analyzed 300 U.S. cities of varying sizes across ten metrics, including real estate tax rate, cost per square foot, median home price, and median household income. Each metric was scored on a 100-point scale, with 100 indicating the most favorable conditions for…