Blog
Household Names Fell Hard. The Market Didn't.
A lot of the people I talk to about markets only pay attention to the big names. And almost every time, the word that comes up is "bubble," especially when they see the returns some of the top stocks have put up this year. But zoom out...
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What SpaceX Could Be Telling Us About the Market
Of everything happening across markets right now, if I had to name one thing I'm personally watching most closely, it's this: what SpaceX's insiders do over the next few months. I'll be upfront that I've gone a bit more cautious after...
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A Bubble? Not in Nvidia's Valuation
Every day I see at least one headline wondering if we're in a bubble. Everyone keeps comparing today to the dotcom bubble back in 2000, which is exactly why I'm confused it's still in question. Whatever you want to call the broader AI...
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The S&P 500 Isn't the Only Game in Town Anymore
A lot of investors have gotten comfortable with a simple plan: put everything in the S&P 500 and let it ride. And for good reason, large caps have dominated for most of the last two decades. But the chart below is a good reminder of...
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The AI Spending Boom Is Real. Now Comes the Earnings Test.
If you have heard people say the AI boom is mostly hype, this chart is worth a long look. It tracks what U.S. businesses spend on computers and data center hardware going back to 1990. For most of that stretch the line drifts along...
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Hot Inflation, a New Fed Chair, and Why We're Not Panicking
Does It Actually Matter Who Chairs the Fed? We got a question recently that we thought was worth addressing publicly. "Should we be worried about the new Fed chair?" Kevin Warsh officially took over from Jerome Powell on May 22nd. The...
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The SpaceX IPO Hype Is Real. So Is the Risk.
The biggest IPO in history is days away. Before you hit "buy," here's what the headlines are leaving out.SpaceX is expected to begin trading on Nasdaq under the ticker SPCX as early as June 12, 2026, just days away. Pricing is...
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The Market's at a Record. Investors Are Bearish. Both Things Can Be True.
The S&P 500 just notched its eighth straight weekly gain and crossed 7,400 for the first time (7500 at the time of me writing this). Yet if you ask investors how they feel, most will tell you they're nervous. Headlines are...
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"What If I'd Bought Nvidia?" Is the Wrong Question.
Almost every year there comes a stock that makes you go "What if?" What if I had bought Nvidia in 2020? What if I'd put my bonus into Apple back in 2009? What if I'd bought bitcoin earlier? The problem is...
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I Just Had a Baby, Should I Use the Trump Account, UTMA, or 529 Plan?
When you have a newborn, one of the first financial questions that comes up is simple: What’s the best way to start saving for them? Between 529 plans, UTMAs, and now the new Trump Account, there isn’t a one size fits all answer...
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Your Old 401(k) Might Be Quietly Going Nowhere
If you’ve changed jobs at any point, there’s a decent chance you have an old 401(k) sitting somewhere. And I want to ask a question that’s easy to overlook: Do you know what that account is actually doing right now? Not long ago, I...
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