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The Daily Reckoning Australia

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.

By Bill Bonner, Friday, 14 August 2026

Vanishing Midnight Visions

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, Thursday, 13 August 2026

The Dr Fauci hearing exposes something bigger than him

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, Thursday, 13 August 2026

nickel-share-price-surge

A trickle of disappointing profits

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, Wednesday, 12 August 2026

Meet the Real Boss

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, Tuesday, 11 August 2026

Why the exchange rate matters the most

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, Tuesday, 11 August 2026

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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.

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