From the creators of The Daily Reckoning, I.O.U.S.A, Empire of Debt and The Daily Missive
















From the creators of The Daily Reckoning, I.O.U.S.A, Empire of Debt and The Daily Missive

















April 22, 2026 • Andrew Packer
With the Strait of Hormuz effectively frozen shut right now, commodity markets face more far-reaching consequences than market volatility…

April 21, 2026 • Addison Wiggin

April 20, 2026 • Addison Wiggin

April 22, 2026 • Addison Wiggin
The price for bitcoin may have turned the corner. You see, the benchmark crypto has started trending up again. And it still has room to grow.

April 21, 2026 • Addison Wiggin

April 20, 2026 • Addison Wiggin
April 17, 2026 • Addison Wiggin
Record monthly increases in gasoline prices are forcing incremental behavioral shifts rather than widespread spending pullbacks…
April 17, 2026 • Addison Wiggin
Markets have shifted from what looked like a standard shift into a rally that feels far removed from what most investors typically experience
April 16, 2026 • Addison Wiggin
We’re seeing thin volume and little market breadth mark amid yesterday’s historic highs for the S&P 500 Index and Nasdaq Composite…
April 15, 2026 • Addison Wiggin
As Treasury Secretary Scott Bessent pitches tax relief, stocks are rallying as if redistribution itself were a form of stimulus.
April 15, 2026 • Addison Wiggin
Markets may be calm on the surface, but the pressure mounting for producers is starting to tell a different story…
April 14, 2026 • Andrew Packer
Private credit remains one of the biggest challenges for investors today due to ongoing issues that could pose significant spillover effects.

April 14, 2026 • Addison Wiggin
The stage is set for either the greatest transfer of wealth in history or its greatest destruction as consumer spending trends downward…

April 13, 2026 • Addison Wiggin
The rapidly advancing AI boom is overshadowing military commitments to secure the infrastructure this revolutionary technology depends on…

April 13, 2026 • Addison Wiggin
Markets are shrugging off Iran noise and leaning back into AI, but a divide between hardware and software is beginning to emerge…

April 10, 2026 • Addison Wiggin
With energy prices on the rise, it’s fair to wonder if the Iran excursion is anything other than a distraction on the road to the golden age…