The political pressure on biotech is easing, as congressional committee hearings into biopharmaceutical scandals fade into memory and Donald Trump’s populist promises to crack down on drug pricing are supplanted by his moves toward deregulation. We focus on how to profit from the “disruptors” in the biotech space. Read More

In the cold morning light of November 9, the assumption on Wall Street was that Donald Trump’s fossil-fuel friendly policies would decimate the solar industry. Trump’s appointment of oil company executives to key government positions underscored that impression. Accordingly, investors punished solar stocks and rewarded the oil and gas sector. Read More

Most of the emails that I get from readers are concise, which makes for clearer, more effective communication. Perhaps that’s why it takes more time and effort to write tight copy. In a letter to a friend, Mark Twain put it best: “I didn’t have time to write a short… Read More

Watching the Super Bowl last Sunday made me think of “the fiduciary rule.” Let me explain. During a third-quarter punt return, a side judge missed it when Julian Edelman of the New England Patriots stepped out of bounds. The Patriots were awarded seven bonus yards, but Atlanta Falcons coach Dan… Read More

One of the most reliable and proven ways to build wealth over the long haul is to place investment capital in high-momentum trends. President Trump has promised to massively increase military spending and to also pursue a more assertive foreign policy. That adds up to filled coffers for America’s aerospace/defense firms. But… Read More

The world is starting to look a lot like 2008. The global financial system is awash in debt, civil societies are wracked by political turmoil, and equity markets are overvalued relative to historical benchmarks. Catalysts for a correction are abundant in America and overseas. Brexit was a harbinger of the… Read More

Maybe there’s an investment message behind President Trump’s installation of gold curtains in the Oval Office. In the turbulent Trump Era, you probably can expect the emergence of “gold mania” among increasingly anxious investors. Now could be the time to hedge your portfolio with the yellow metal. Below, I examine… Read More

Worried about a trade war? Well, here’s at least one bit of encouraging news: Scottish-made haggis may soon come to a table near you. President Trump wants to lift the trade ban on British meat that’s been in effect since the “Mad Cow” epidemic in Britain in 1986 — and… Read More

American companies that are developing breakthrough technologies should get a big boost from President Trump’s tax and trade policies. To use one of our president’s favorite words, the investment possibilities will be… tremendous. In a recent meeting with the technology sector’s top leaders, Trump proclaimed: “I’m here to help you… Read More

While I was having dinner at her house over the MLK holiday weekend, my sainted mother started to fret about likely cutbacks this year to Social Security. My mom is a professional hand-wringer, but her anxiety isn’t always misplaced. In the case of Social Security, she’s right to worry.Social Security… Read More