Far from the Wall Street Crowd
It is always a mistake to base investments on macro guesses. Even if you’re right about the trends, they often don’t have the results you expect.
The Daily Reckoning Australia
Mennonite Country
We’ve put money into amateurish farming ventures in the US, France, Argentina and Bolivia…and generally lost money. Now, we’re getting serious…in Paraguay.
Primary Trends
The value of US capital is in decline. Dear Readers are cautioned to stay in Maximum Safety mode a bit longer. There is at least a fair chance of a major sell-off in the stock market, coming soon.
A budget that truly bridged Australia’s inequality
The 2026 Federal Budget might have sealed the Labor Party’s defeat in the next election. Removing negative gearing and the discount on capital gains might be delivering the biggest sucker punch to the people the Treasurer claimed to help.
Checkmate
The trap is this: the US cannot force Iran to do anything without risking a major retaliation. That could mean much higher oil prices…for a long time.
The free market can fix it
A life is passed in small increments. Minutes, hours, day, full of sights, sounds, tastes, touches and words. Let economists worry about GDP; we just want a quiet place to have a cup of coffee.
