Sovereign Man

You’ve probably heard the story. As the legend goes, on a late-summer morning in 1929, Joseph Kennedy — patriarch of the famous Kennedy family — was headed into his office in downtown New York City. As he sat for a quick shoe shine, the young boy buffing his shoes, barely... Read more

Don Edgar considered himself extremely lucky. It was early in the morning on November 6, 1956, and the World War II veteran turned journalist for Britain’s Daily Express was one of just two reporters invited to witness Britain’s invasion of Egypt. Standing on the bridge of a British warship, Edgar... Read more

Franklin Roosevelt pressed the red emergency button to stop the elevator on the way down to his private dining room. The King of Saudi Arabia was waiting for him, but the President wanted to smoke a couple of cigarettes first. It was 11:30 in the morning on Valentine’s Day, 1945.... Read more

By 1970, US commanders in Vietnam were optimistic that they had “functionally severed” North Vietnamese forces. The generals were particularly boastful about their taking out the Ho Chi Minh Trail—a sprawling network of roads, footpaths, and tunnels through Laos and Cambodia that let North Vietnamese forces move troops and supplies... Read more

When Letitia James campaigned to become Attorney General of New York State, she made one very clear campaign promise: prosecute Donald Trump. Prosecute him for what? Well, she’d figure that out later. Never mind that, in America, prosecutors are supposed to investigate crimes to find suspects, not investigate people to... Read more

Preparing for the escalation that’s likely to come There’s rumors floating around alleging that top secret plans from the Chinese Communist Party have been leaked, indicating that China’s President Xi Jinping views this conflict with the US as the opening to a complete and total war. Personally I’m skeptical if... Read more

In the two weeks since “Liberation Day”, we’ve received plenty of very smart, thoughtful questions from our readers. So today we recorded a special Q&A podcast to cut through the chaos and confusion these new trade measures have sparked in the markets. We answer: Is the President’s top economic adviser... Read more

It’s been nearly two weeks of whipsaw, roller coaster tariff moves and countermoves… all of which threatens to upend not only economic stability, but even the global financial system as we know it. I can’t stress this enough: what we’re witnessing right now will almost certainly go down as one... Read more

Yesterday when I was talking to my friend and business partner Peter Schiff, he made it clear: China is trying to drive a wedge between the US and Europe by dumping US bonds, and buying euros.If that’s true, it constitutes a major reset of the global financial order. I sat... Read more

The US has revived a Cold War dating policy in China: if she’s into you, assume she’s a spy. Four US government personnel stationed in China have anonymously told the media that every government worker and contractor stationed in China was explicitly banned from having sexual or romantic relationships with... Read more

Yesterday I wrote to you that something very fishy was going on in the bond market. And not just fishy— potentially destructive for the federal government and US economy. For the past several days, US government bond yields have been surging at a rate not seen since at least 2008.... Read more

You probably saw the headline this morning that China is retaliating against US tariffs with an 84% tariff of its own. This trade war is obviously far from over… which probably means that financial markets are in for a lot more volatility. Most people focus on the stock market. And... Read more