From Beijing to Mt. Olympus: The Economic gods Convene
“You say it is love that feeds us,” Hades said on Mount Olympus at the meeting of the Greek gods1. “But you depend on their love. I’ve only learned to live on their fear, their pain.” Poseidon said, “Zeus, our brother speaks the truth. Hear him.” “Go,” says Zeus. “Do what you will.” […]
The Financial Advice Traps Preying on You
Sometimes you just don’t know, ya know? Sometimes it’s hard to tell up from down in the market and tell you why exactly something is happening. Look no further than the Hopium raging Wednesday: Stock market news for May 6, 2026. Is the market rally justified? Does it make sense? Is the war almost over? Will oil prices come down quickly? I just don’t know…
War, Oil & Warnings: When the Risks Start to Stack
It’s all about the Benjamins. Right? Perhaps not … It’s really all about the Rockefellers. If we actually put who is perhaps most responsible for our petrodollar, perhaps he would belong on that bill. As owner of Standard Oil in the 1880s he once controlled 95% of America’s oil refining capacity.1 I’ve heard from many people for many years bring up the petrodollar and how weak it is growing, how the BRICS nations (Brazil, Russia, India, China, and South Africa) have expanded to include Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates, and that the cohort had grown too powerful…
The Landman’s Warning: $90+ Oil Gets Cattywampus
“The blockade scares them even more than the bombing,” President Trump said of the Iranian regime. “They’ve been bombed for years but the blockade they hate.”
“Once those wells go down, sometimes they are down for good,” Trump added.1 Hmm … interesting little add-on there …
Marching in Time: The Market’s $6 Trillion Hopium Rally
War? What-EV-er … High valuation? Big Whoop … Inflation, As If … Ms. Market’s just bopping along chirping all the 80’s phrases with that proud 80’s frizzy hair flying like the singer of The Go-Go’s…
See the people walking down the street
Fall in line, just watching all their feet…
Caddie’s Call: Navigating Uncertain Markets with an All-Weather Approach
I have figured out how to end the wars abroad! The idea came to me like a lightning bolt striking a Carolina Cherry on the 9th at Augusta National. I’ve been thinking that I’m more excited than ever to watch The Masters this weekend, even without the head-scratching hijinks of Tiger Woods or the warmth of Phil Mickelson’s grin…
April Fools’ Markets: Volatility, Oil Spikes, and Staying in Your Seat
April Fool’s Day is a Day of Fear at The Wealth Training Academy. There’s a certain someone in our office, who will remain nameless here, who just loves a good prank. This person generally loves to hide around corners and on the other side of doors as we open them and scare the life out of us as he or she (no I’m not even giving that away) sneaks up from behind…
Reverence for the Mission. Responsibility in the Markets.
The 82nd Airborne … I have chills. Where I grew up in Eastern North Carolina was just 2 hours away from where they were stationed in Fort Bragg in Fayetteville. I still feel overcome by a hushed reverence and a welling of pride in my chest when anyone brings them up, even though I never served in the military nor shared in their accomplishments. In Rocky Mount, the Army paratrooper division was close enough that it made many of us, including me, feel that hometown pride whenever the name was invoked….
FUD Is Temporary: Don’t Let Market Madness Steal March Madness
March Madness is here. They should probably change the name this year. I think we’ve had our fill of Market Madness this March. But UNC and Duke are coming to town, and the Bon Secours Wellness Arena should be bumping with trumpets blasting fight songs this weekend. Perhaps it can take our minds off the spectacle of current events in the Middle East and the resulting drama playing out on the S&P 500…
A Narrow Strait, a Wide Horizon: Opportunity in a Changing Market
Meet the new boss. Same as the old boss. Now ascending the Iranian “throne” is Mojtaba Khamenei, son of the late Ayatollah Ali Khamenei. Same beard, not quite as long as Daddy’s and with a dash of pepper in there that Daddy must have lost decades ago. According to the New York Post, the younger Khamanei is lacking aspects his father had and yesterday posted on Facebook that he had “the charisma of a boiled potato.”…
