Sometimes the wrong turn is worth $32 billion. Bravo 👏 It was a practice round at 2020 Augusta National. The tradition at The Masters is simple: players try to skip their tee shot across the pond in front of the green. You aim low, you hope it bounces, you try to land it somewhere on the putting surface. Most shots skip once or twice and die in the water. That’s the expected outcome. That’s physics. Jon Rahm‘s ball skipped four times. It kicked to the back of the green. It fed down the slope. And then — in front of exactly nobody, because it was a Tuesday practice round...

There is nothing better than a Saturday burger. It’s even more in my area… 😬 You’re standing in the meat aisle. Ground beef, $6.86 a pound. You’ve done this calculation before — last month it was $6.71, the month before that $6.58. You know it’s going up. You’ve known for a while. You buy it anyway. So does your neighbor. So does the guy behind you. So did 330 million Americans last year, collectively spending $45 billion on beef — 12% more than the year before. Not 12% more beef. Just 12% more dollars for roughly the same amount of meat. In economics, there’s...

Schrödinger had a cat. Wall Street has four of them. In 1935, a physicist named Erwin Schrödinger proposed a thought experiment that has been breaking people’s brains ever since. Put a cat in a sealed box with a radioactive atom. Until someone opens the box and actually looks, the cat is simultaneously alive and dead. Both things are true at once. Reality only collapses into a single answer the moment someone decides to observe it. Schrödinger meant it as a critique of quantum mechanics. Wall Street turned it into a business model. This week, four major stories dropped across the market....

Still processing… There is a list of the busiest stocks on Wall Street every single day — JPMorgan, Exxon, Nvidia, Apple, the names you’d expect to see moving billions of dollars before lunch. Yesterday a shoe company crashed that list. Not a tech company or an AI darling or a defense contractor riding the Iran war trade. A shoe company. One that had already sold its shoes, with a market cap of $22 million. It traded $3.8 billion in a single session. More than JPMorgan. More than Exxon. More than 25 times its own entire market cap in one day. The explanation is somehow even more absurd...

The market just erased a war. In 8 days. credit: Yahoo Finance Let that sink in for a second. The S&P 500 quietly erased every single loss from the Iran war. Every. Single. One. 1 The S&P is knocking on the door of 7,000.2 The Nasdaq just notched its tenth straight winning session.3 The Magnificent Seven ETF is up another 2%.4 The VIX surged above 30 in the early days of the war. It’s now back to a 17 handle. That round trip took only eight trading sessions. The war happened. The market just… moved on. Here’s what’s actually going on. ⇩ SPONSOR BREAK...

That exhale didn’t last long. credit: Me → Chicago, IL (had to double check the pump) You know that feeling when you finally exhale. The tension is gone. You sleep well. You make plans. 1 Then you wake up Saturday morning and the peace talks collapsed. 2 Then Sunday President Trump blockaded the Strait of Hormuz on Truth Social. 3 Then Monday oil hit $103 before you finished your coffee. That exhale didn’t last long. Here’s everything happening today⇩ SPONSOR BREAK presented by FerrisReport*  Prepare For $10 GasYou’ll wait in line for hours at the gas station…...

The kind of week that requires a very long weekend… 1 The week opened with US-Iran tensions running dangerously high. 2 By Wednesday a ceasefire was taking shape and stocks were flying. 3 By Friday the ceasefire was being held together with what appeared to be optimism and extremely fragile goodwill. Here’s the scoreboard:→ The S&P 500 snapped its seven-day winning streak on Friday but still ended the week up 3.6%. → The Nasdaq edged higher on the day. → The Dow fell 0.56%. All three indexes posted their biggest weekly gains since November. On inflation: March CPI came in at 3.3%...

One of the best days… You know that feeling when you’ve been waiting months for something. You prep. You plan. You tell yourself “when the moment comes, I’ll be ready.” Then the moment comes. And you do the exact opposite of what you planned. That’s retail investors today. The stock market just had its best 6-day streak of 2026. → Airlines up 11%. → Chips up 12%. → Bitcoin back above $71k. The kind of day that makes you feel like a genius for owning anything. And retail investors celebrated by selling everything. I am not joking. Here’s the story ⇩ SPONSOR...

The first offer is never the real offer… Every car salesman alive knows this rule: never accept the first number. The first number is not an offer. It is a feeling-out. A test to see how badly you want the deal. The real negotiation starts after someone says NO — and whoever holds their nerve longest usually wins. Here’s the story ⇩ SPONSOR BREAK presented by BrownstoneResearch*  They Consulted Him to Help End “The Pelosi Paradox” How is Nancy Pelosi worth $413 million on a $174,000 salary? For decades, the revolving door between Washington and Wall Street kept regular...

April 15 Is Coming… source: giphy Tax season is almost over. April 15 is nine days away. And right now, two things are happening at the same time … First: Americans are getting bigger refunds than last year — up 10.2% ▲, averaging $3,804 — and quietly pouring that money into retirement accounts at record rates. IRA contributions are up 30% compared to this time last year. And the generation leading the charge? Gen Z. The same generation accused of spending their savings on iced coffee and “situationships” is now outcontributing Gen X and Boomers on retirement savings. (Take a moment....

Q1 2026 is officially in the books. And it was not pretty. The S&P 500 fell 4.6% in the first three months of the year — the worst quarter since Q3 2022, when Russia’s invasion of Ukraine sent markets into a tailspin. This after three straight years of double-digit returns. The kind of reversal that makes you question everything you thought you knew. But this wasn’t a clean sell-off. Only about half of the S&P 500 was actually down in Q1. 264 stocks fell. The rest? Fine. Some of them were absolutely flying. So this was a market that rotated — violently, aggressively, and with...