Charles Sizemore

The “throw the bums out” mentality is strong these days. The problem is finding anyone better to replace them. If history is any guide, the House of Representatives will change hands again in next year’s election. Will the next Congress balance the budget? Will it rein in a gargantuan military budget that is more than twice the size of Russia’s and China’s combined? Will it make any attempt to reform Social Security to at least postpone the inevitable insolvency currently projected by 2034? Or will they just point their fingers at the other guys and then carry on as usual? To answer those questions, I’ll pass the baton to James Hickman.

The market is priced for perfection right now and that’s a problem. It doesn’t mean the wheels will fall off. It does mean caution is warranted. And if you’re looking to invest in the AI revolution, for truly life changing returns, you need to look beyond the behemoth stocks leading the Nasdaq.

Over the weekend, Musk posted on X that he had set up the America Party to challenge the Republican and Democratic “Uniparty.” If it’s a success, it may be even bigger than when the South flipped from Democrat to Republican and fundamentally changed the electoral map. What does it mean for markets?

As members of The Freeport Society, we are committed to fighting for our financial independence with the same vigor. And we won’t let socialists, crony capitalists, mercantilists or any other wealth-destroying scoundrel get in our way. Today, as we celebrate our independence, let’s recommit to the fight for our financial freedom… together.

Like most gringos, this felt extravagant – even absurd – when I first got here. But when I realized I could hire a staff to run my household for roughly the cost of a monthly car payment, it was a no-brainer. But now, with Elon Musk’s Optimus robot nearing release, such luxuries might be closer at hand for everyone.

In The Rime of the Ancient Mariner, the crew hangs a dead albatross around the neck of the crewmate who killed it as punishment for his actions cursing the ship. Today, the U.S. dollar wears its own version of that dead bird. Here’s why, and what you should do about it.