With the post-election drama behind us, we finally feel comfortable looking to the future. We’re finally ready to consider the impact the new administration will have on the markets — and most importantly, the impact it’ll have on specific sectors and investments.
Yesterday, Matt laid out his “doomsday” scenario for the economy, the market, and your retirement plans. But even if you think the worst-case scenario won’t happen, one thing is clear: The stock market is no longer the growth engine it once was.
President-elect Joe Biden is walking into a minefield. And no, I’m not referring to security risks at his inauguration today… I’m referring to the minefield that’s threatening all of us: A stock market that’s untethered from reality.
Startups are a strange animal. Even though they have the potential to hand investors like you life-changing profits… They also have a high probability of failing.
Investment bank Morgan Stanley recently did something very peculiar: It told Google to give away one of its “smart speakers” to everyone in America — for free. The cost of this giveaway?
“We wanted flying cars, instead we got 140 characters.” Those words were written in 2011 by Peter Thiel, the billionaire co-founder of PayPal and Palantir (PLDR), and the first outside investor in Facebook. He wrote them as part of a manifesto for his venture fund, Founders Fund.
Imagine walking into work tomorrow, looking your boss in the eye, and saying… “I QUIT!” Then you could head home, kick up your feet, and start enjoying retirement!