Field Notes Premium Edition

Until it slaps you in the face… Imagine paying tax on money you never actually received. It sounds ridiculous. Yet it's exactly the situation some …

[Read more...] about The Tax Bill You Won’t See Coming

Beware the bond vigilantes… Well, the bond vigilantes are back… And they’re clearly none-too-pleased with Kevin Warsh’s Federal Reserve. Last …

[Read more...] about The People Funding America Are Getting Nervous

One wartime decision is still paying investors 80 years later. In 1941, the world was in the throes of madness. Hitler's armies had marauded …

[Read more...] about The World Was at War. Coca-Cola Went Shopping.

It created one of history's best investments. You can imagine the confusion. And then the chaos. And then the fraud. We’re going back today to …

[Read more...] about The Greatest Junk Mail Ever Sent

Ask Again Later… The Federal Reserve meets again this week, and Wall Street will study a scatterplot of dots, trying to divine where interest rates …

[Read more...] about The Fed’s Magic 8 Ball

The next target could be your retirement account. Aesop has this fable about a group of frogs who wish to have a king who can rule over society. …

[Read more...] about When AI Goes Rogue

Europe Is Raising the Price of Admission For years, Malta has been one of Europe's more attractive retirement destinations. It’s a Mediterranean …

[Read more...] about Malta’s Permanent Residency Just Got Pricier

It’s the last call for cheap gold… New York Yankee great Yogi Berra said it best: “It’s like déjà vu all over again.” In this case, the vu that …

[Read more...] about Why is China Buying So Much Gold?

It Doesn’t Matter What the Fed Does. Inflation would just… go away. That’s what then-chairman of the Federal Reserve, Jerome Powell, told the …

[Read more...] about Why Inflation Will Stay “Higher for Longer”