Tax Cut

25th January 2018 Bill Bonner

The Antidote to Optimism

BALTIMORE – It is always brightest before they turn the lights out. You can quote us on that, Dear Reader. Just when you thought things couldn’t get better… guess what? They don’t. They go dark as a dungeon. Antidote to…

21st December 2017 Bill Bonner

A TAX WIN… BUT FOR WHOM?

BALTIMORE – After a year of defeat and disorder, it finally looks like Republicans have managed a legislative victory. The stock market celebrated Monday with the Dow hitting a new record high. “Buy the rumor; sell the news.” That’s what…

13th December 2017 Bill Bonner

Bitcoin: Just a Game

RANCHO SANTANA, NICARAGUA – Yesterday, we wrote about business as usual. Despite the sound and fury of the last 12 months, nothing much has changed. Headed for Bankruptcy The U.S. is a little further advanced toward the final stages of becoming…

6th December 2017 Bill Bonner

Bitcoin – Even Grandma Is In

BALTIMORE – Are you rich yet? We hope so. Everybody else seems to be. The U.S. stock market is up more than 20% so far this year. Our country-specific stock portfolio is up about 30%. As we explained back in…

4th December 2017 Bill Bonner

Slapstick Comedy For the Bubble Epoch

BALTIMORE – Last Tuesday, we made $4,000 per hour when bitcoin rose. Then, on Wednesday, we lost $5,000 per hour when it fell. Whee! Look for an on-the-scene report from our in-house crypto expert below… In the meantime… Last-Ditch Effort…

30th November 2017 Bill Bonner

Does Making Money Make You Dumb?

BALTIMORE – On the front page of both The Wall Street Journal and the Financial Times yesterday: bitcoin. It was just the other week that we reported that bitcoin was about to hit the $8,000 mark. Now, it has passed $11,000… “This is just…

22nd November 2017 Bill Bonner

How the Deep State Squeezed America’s Wealth

NEW YORK – Salvator Mundi, said to be by Leonardo da Vinci, is the world’s most expensive painting. Last Wednesday, at auction, each square inch was valued at nearly $1 million – including the bummed-up, restored, and damaged parts. The painting…

20th November 2017 Bill Bonner

Tax Cuts for the Rich… Hallelujah!

BALTIMORE – Have we been too cynical? Last Thursday, the House passed its big tax-cut bill. The Dow popped up 187 points on the news. A reporter asked us later: “Will the Dow go to 40,000?” Assuming a tax bill…

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