The Freeport Navigator

It’s all in the Supreme Court’s hands now.
Nine Justices will decide, likely soon, whether or not President Donald Trump’s tariff regime is legal. This is a really big deal. Trillions of dollars in tax revenues are at stake. So is Trump’s foreign policy. The tariffs have been the focal point of his entire second term. Depending on how the ruling goes, we could see a massive impact on the stock and bond markets… as well as the dollar. So, what’s the story? And more importantly, how do we position our portfolios for it? Let’s answer those questions today…

The parallels between Ronald Reagan’s presidency and Donald Trump’s second term are hard to miss. So, today, let’s consider how the Trump administration’s new policies could unleash a once-in-a-generation stock market boom.

Can a stock priced at 100 times earnings be “cheap?” Old-school value investing says no. But that’s not the entire story anymore…

Not long ago, the company we’re talking about today was the pride of American innovation. Today, it’s barely relevant. And yet, Uncle Sam just bought a 10% stake in the struggling tech company. Why?

One of the best performing investing strategies we use in Freeport Investor comes straight out of the Buffett playbook. It’s something we call the Rich Man’s Super Currency. And as you’ll see today, it’s one of the surest, steadiest ways to build wealth as an investor.

Meta Platforms (META) just announced it was no longer hiring for its AI division. This raises questions… Has Big Tech overspent on AI, or at least on this stage of it? What does that mean for Nvidia (NVDA), Microsoft (MSFT), or Alphabet (GOOGL)? Most importantly, what do we do with our money?

President Trump really wants a rate cut. He wants one badly enough to push for the immediate resignation of Fed governor Lisa Cook on the grounds that she might have fudged a mortgage application to get a better rate. He’ll likely get what he wants. I’ll spare you another rant on why it’s a terrible idea to lower rates while inflation still refuses to die and the stock market looks more and more bubbly by the day. Instead, let’s look at the bigger picture.

You know I’m a believer in AI. I use it daily. So, I’m not saying this as a skeptic or as a hater. But I think we’re starting to hit a brick wall of sorts. OpenAI came out with their latest iteration of ChatGPT (GPT-5) earlier this month. It didn’t go well. Now the mainstream media is abuzz with the “AI vibe shift.”

Late last week, Social Security marked its 90th birthday since being signed into law in 1935 at the height of the Great Depression. Ever since, generations of Americans have accumulated stories of painfully navigating this massive institution – too often about waiting rooms, endless forms, and mind-numbing incompetence. But something unusual has happened in the last few months.

Is it time to dump your AI stocks? No. It’s still too early for that. But it is time to find new investment themes to diversity into… ideally as far away from tech as possible.