Wall Street’s Odor of Decay
Every bubble eventually makes eye contact with its pin. The AI craze is facing all the prickly thorns that typically doom an investment mania.

Every bubble eventually makes eye contact with its pin. The AI craze is facing all the prickly thorns that typically doom an investment mania.
By Bill Bonner,

Now, we have a source not just of info, but of judgement — knowledge itself. LLMs (Large Language Models) are clever. They will do your thinking for you. No more ‘mistakes,’ right?
By Bill Bonner,

When Dr Fauci pleaded the fifth in the Senate hearing, the world began to see the man with two faces. Yet he’s just one actor in what is one of modern history’s most egregious scandals. There were many supporting cast members in this tragedy.
By Brian Chu,

That is why we spend so much effort trying to avoid the Big Loss. They’re always bigger than you think. You have $1 million in your account. The market goes down and you lose money.
By Bill Bonner,

We are not borrowing from the future; we are stealing from it – spending money that we haven’t earned and never will earn. It’s a swindle, not honest finance. Borrowers will not repay.
By Bill Bonner,

Currencies control the fate of your portfolio. Yet few investors bother to think about them. Here’s a reminder why they matter, so you don’t learn the hard way.
By Nick Hubble,
Investment ideas from the edge of the bell curve.
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All advice is general in nature and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.
The value of any investment and the income derived from it can go down as well as up. Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. While useful for detecting patterns, the past is not a guide to future performance. Some figures contained in our reports are forecasts and may not be a reliable indicator of future results. Any actual or potential gains in these reports may not include taxes, brokerage commissions, or associated fees.
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